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COUNCIL AGENDA <br /> <br /> <br />MONDAY, OCTOBER 26, 2020 CITY OF KITCHENER <br />7:00 P.M. - COUNCIL CHAMBER - 2 - 200 KING STREET WEST <br />b) Re-issuance of debt utilizing 40% of the debt room from the original <br />Economic Development Investment Fund, for 8 years, totaling <br />approximately $20 million; and, <br /> <br /> <br />c) The strategic sale and disposition of City-owned lands, with sale <br />proceeds being allocated to the Economic Development Investment Fund <br />to support future investments; and, <br /> <br />That the Economic Development Investment Fund (EDIF 2.0) be created in <br />accordance with Appendix C of report DSD-20-056; and further, <br /> <br />That City staff immediately commence additional engagement with business <br />leaders and COVID-impacted businesses for the purpose of providing Council with <br />a detailed action plan by January 2021 to support impacted businesses and <br />displaced workers, utilizing up to $5 million from the proposed Economic <br />Development Investment Fund as a priority investment. <br /> <br />9. NEW BUSINESS <br /> <br />a. Boulevard Parking Councillor C. Michaud has given notice that she will introduce the following <br />motion for consideration this date: <br /> <br />WHEREAS on October 28, 2019, Council approved a pilot project to allow parking on <br />paved boulevards City-wide be made permanent and be permitted annually from <br />December 1 thru March 31, and that an additional guideline be added to the program that <br />requires any vehicle parked on a boulevard within a school zone from Monday to Friday <br />to be removed by 8:00 a.m., as outlined in Community Services Department report CSD <br />-19-031; and further, <br /> <br />WHEREAS due to the COVID-19 pandemic, many residents have seen household <br />compositions increase, and parking needs change; and have requested to be allowed to <br />park on paved boulevards City-wide until the COVID-19 pandemic has ended; <br /> <br />THEREFORE BE IT RESOLVED that parking on the boulevard (paved area of a <br />driveway between the sidewalk and the curb/road edge) be permitted until the state of <br />emergency under declared by the City of Kitchener under the Emergency Management <br />and Civil Protection Act has ended, subject to the conditions outlined in Community <br />Services Department report CSD-19-031. <br /> <br />b. Gas-fired Electricity Generation Councillor D. Chapman has given notice that she will <br />introduce the following motion for consideration this date: <br /> <br />WHEREAS the Government of Ontario is planning to increase reliance on gas-fired <br />-fired power plants, which is anticipated to <br />increase greenhouse gas pollution by more than 300% by 2025 and by more than 400% <br />by 2040; <br /> <br />world (which is in alignment with climate models and projections impacting northern <br />climates most significantly); <br /> <br />WHEREAS the Province of Ontario will adversely impact more than a third of the <br />greenhouse gas reductions it achieved by phasing-out its dirty coal-fired power plants <br />due to a power plan built around ramping up gas-fired generation to replace the output of <br />the Pickering Nuclear Station (scheduled to close in 2024); <br /> <br />WHEREAS alternative options are available to reversing short sighted cuts to energy <br />efficiency programs and stop under-investing in this quick to deploy and low-cost <br />resource, which include maximizing our energy efficiency efforts by paying up to the same <br />price per kilowatt-hour (kWh) for energy efficiency measures as we are currently paying <br />for power from nuclear plants (e.g., up to 9.5 cents per kWh); <br />