STANDING COMMITTEE OF COUNCIL
ON CITY SERVICES AND BUDGETS

C O U N C I L DECISIONS

DATE: Thursday, May 4, 2000

TIME: 9:30 a.m.

PLACE: Committee Room No. 1

Third Floor, City Hall

For information, please contact Denise Salmon at 873-7269

1. 2000 Operating Budget - Final Report File: 1605

THAT Council approve the final 2000 Operating Budget revenue and expenditure estimates as outlined in the Administrative Report dated April 29, 2000, and summarized in Appendix 1 by approving the budget resolution attached as Appendix 2.

2. 1999 Financial Statements File: 1503

THAT Council receive for information the City of Vancouver 1999 Financial Statements for the year December 31, 1999.

3. Reconsideration of Community Services Grants Applications File: 2151

A. THAT Council approve a grant of $15,000 to the Adult Learning Development Association (ALDA), with $7,500 of this amount coming from the allocation originally recommended, but not approved, for this organization and the remaining $7,500 coming from the Emergencies and Unforeseen Circumstances Reserve established by Council on March 28, 2000. Approval of this grant will leave a balance of $3,640 in the Reserve;

B. THAT Council NOT approve a grant to Common Concerns, in accordance with Social Planning's original recommendation;

C. THAT Council approve a terminating, one year grant of $27,540 to theDowntown Eastside Residents Association (DERA) for the Community Organizer position, in accordance with Social Planning's original recommendation;

D. THAT Council NOT approve a grant to La Boussole, in accordance with Social Planning's original recommendation;

E. THAT Council approve a grant of $26,260 to the Vancouver Recovery Club, in accordance with Social Planning's original recommendation.

4. Tourism Vancouver 2000 Business Plan/2% Hotel Tax File: 6008

A. THAT Council approve the portion of the Greater Vancouver Convention and Visitors Bureau (Tourism Vancouver's) 2000 Business Plan funded by the 2% Hotel Tax, and that the 2% Hotel Tax payments received by the City for the

2000 fiscal year be forwarded to Tourism Vancouver as and when they are received by the City, on the condition that their budget provides up to $400,000 for the Trade &Convention Centre project definition report and $100,000 for the 2010 OlympicBid Corporation.

B. THAT Council request a comprehensive review and presentation from Tourism Vancouver, to be scheduled in June 2000. The review should include the following: Tourism Vancouver's long-term strategic priorities, activities carried out by the organization, projected growth of Hotel Tax revenues and projected future of the tourism industry and hotel stock, Tourism Vancouver's future plans for the revenues, and accountability and performance measures used by the organization.

5. 2000 Property Tax Options File: 1551

THAT Council approve a shift in the tax burden equal to approximately 1% of the 2000 general purposes tax levy (approximately $3.69 million), proportionately from Class 2 (utilities), Class 4 (major industrial), Class 5 (light industrial) and Class 6 (business/other) to Class 1 (residential) properties.

6. Parking Corporation of Vancouver - 2000 Budget Review File: 1753

A. THAT Council receive for information, the summary of the Parking Corporation of Vancouver (VPC) 1999 Operating and Capital Actual FinancialFigures, with the Audited Financial Statements available through the offices of the General Managers of Engineering and Corporate Services.

B. THAT Council receive for information the summary of the Parking Corporation of Vancouver (VPC) 2000 Operating Budget, with the complete 2000 Operating Budget available through the offices of the General Managers of Engineering and Corporate Services.

C. THAT Council approve the Parking Corporation of Vancouver (VPC) 2000 Capital Budget, to be funded by off-street parking revenues collected by the VPC as follows:

i) THAT portions of the 2000 Capital Budget, totalling $256,959.00 as outlined in Table 4 in the Administrative Report dated April 26, 2000, be approved.

D. THAT Council approve in principle the Parking Corporation of Vancouver (VPC) 2000 Marketing and Communications Plan and conditionally approve the initial budget of $150,000 to be funded by off-street parking revenues collected by the VPC, subject to review and approval of the financial projections, the financial arrangements, the specific contract details, and the implications of the City's Corporate Sponsorship Policies, all to the satisfaction of the General Managers of Engineering and Corporate Services.

E. THAT consideration of the following be postponed to a future meeting of Council to allow staff to report back on outstanding issues raised this day:

THAT Council approve the Parking Corporation of Vancouver (VPC) 2000 Capital Budget, to be funded by off-street parking revenues collected by the VPC as follows:

i) THAT portions of the 2000 Capital Budget, totalling $600,000.00 as outlined in Table 4 in the Administrative Repot dated April 26, 2000, be conditionally approved, subject to the provision of further information satisfactory to the General Managers of Engineering and Corporate Services.

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(c) 1998 City of Vancouver