HomeMy WebLinkAbout2014-06-23
FINANCE AND CORPORATE SERVICES COMMITTEE
JUNE 23, 2014 CITY OF KITCHENER
The Finance and Corporate Services Committee met this date commencing at 10:34 a.m.
Present: Councillor S. Davey - Chair
Mayor C. Zehr and Councillors F. Etherington, Y. Fernandes, J. Gazzola, D. Glenn-
Graham, B. Ioannidis, Z. Janecki, P. Singh and B. Vrbanovic.
Staff: J. Willmer, Chief Administrative Officer
D. Chapman, Deputy CAO, Finance & Corporate Services
P. Houston, Deputy CAO, Infrastructure Services
M. May, Deputy CAO, Community Services
J. Miller, Executive Director, Office of the CAO
L. MacDonald, Director of Legal Services & City Solicitor
L. Johnston, Director, Corporate Communications & Marketing
J. Evans, Director of Revenue and Deputy Treasurer
B. Bennett, Manager, Business Development
S. Saleh, Supervisor of Collections and Payment Processing
R. Morgan, Capital Investment Advisor
C. Goodeve, Committee Administrator
CAO-14-029 - REMOVAL OF LEISURE GUIDE ADVERTISING RATES FROM FEES AND
1.
CHARGES SCHEDULE
The Committee considered Chief Administrator’s Office report CAO-14-029, dated June 2,
2014, recommending the removal of the Leisure Guide advertising rates from the City’s Fees
and Charges Schedule.
On motion by Councillor B. Ioannidis -
it was resolved:
“That the Fees and Charges Schedule be amended to remove Leisure Guide
Advertising Rates, as outlined in Chief Administrator’s Office report CAO-14-029.”
Councillor P. Singh entered the meeting at this time.
CAO-14-030 - BROWNFIELD REMEDIATION PROGRAM APPLICATION
2.
- 83 ELMSDALE DRIVE
The Committee considered Chief Administrator’s Office report CAO-14-030, dated May 20,
2014 recommending the approval of a Brownfield Remediation Program Application from
Novacore Communities Corporation for 83 Elmsdale Drive. Mr. R. Morgan reviewed the report,
advising the Regional Tax Increment Grant (TIG) is anticipated to be approved by Regional
Council on June 25, 2014.
In response to questions, Mr. Morgan agreed to provide status updates on this matter within
one year and then a further update after three years.
Carried
The following motion was voted on and was on a recorded votewith Mayor C. Zehr
and Councillors B. Vrbanovic, B. Ioannidis, D. Glenn-Graham, F. Etherington, P. Singh, S.
Davey, Y. Fernandes and Z. Janecki voting in favour; and, Councillor J. Gazzola voting in
opposition. Councillor K. Galloway-Sealock was not in attendance and accordingly did not
vote.
On motion by Councillor P. Singh -
it was resolved:
“That the Brownfield Remediation Program Application for 83 Elmsdale Drive, received
from Novacore Communities Corporation (the “Purchaser”) or a related corporation
dated October 2013, be approved; and,
That in exchange for a completed and filed Record of Site Condition for the subject
property, the Purchaser upon becoming the owner will be provided a grant in the form of
an annual rebate on City taxes in an amount equal to 100% of the City Tax Increment;
and,
FINANCE AND CORPORATE SERVICES COMMITTEE
JUNE 23, 2014 - 49 - CITY OF KITCHENER
CAO-14-030 - BROWNFIELD REMEDIATION PROGRAM APPLICATION
2.
- 83 ELMSDALE DRIVE (CONT’D)
That the City Tax Increment be defined as the difference between the City portion of
real property taxes for the 2013 Taxation Year and the new City portion of real property
taxes levied as a result of a new assessment by the Municipal Property Assessment
Corporation (MPAC) following completion of the project, as compensation for the
remediation of the above subject lands; and,
That the annual City property tax grant is estimated to be $429,509., payable for six
years with $408,149., being paid on the seventh and final year following re-assessment
by MPAC; and,
That the Region of Waterloo Brownfield Coordinator be circulated a copy of any
decision made by Kitchener City Council regarding this Application; and further,
That the Mayor and Clerk be authorized to execute an Agreement, subject to the
satisfaction of the City Solicitor, with the Region of Waterloo and Novacore
Communities Corporation or a related company, to implement the provisions of the
Brownfield Remediation Program Application for 83 Elmsdale Drive, as outlined in Chief
Administrator’s Office report CAO-14-030.”
FCS-14-096 - COMPREHENSIVE ACCOUNTS RECEIVABLE COLLECTION POLICY
3.
The Committee considered Finance and Corporate Services Department report FCS-14-096,
dated April 24, 2014 regarding amendments to Council Policy I-517 (Collections - Utility and
Miscellaneous Receivable) and Council Policy I-518 (Collections - Property Taxes). Mr. S.
Saleh reviewed the report and responded to questions from the Committee.
On motion by Councillor Y. Fernandes -
it was resolved:
“That the amendments to Council Policy I-517 (Collections - Utility and Miscellaneous
Receivable) and Council Policy I-518 (Collections-Property Taxes), be approved, as
outlined in Finance and Corporate Services Department report FCS-14-096.”
CAO-14-013 - 2014 BUSINESS PLAN STATUS REPORT
4.
Pursuant to Chapter 25.10.9(J) (Procedure) of the Municipal Code, a motion was brought
forward by Councillor Y. Fernandes to discuss the 2014 Business Plan Status report, listed as
an Information Item on the meeting agenda.
Carried.
Councillor Fernandes’ motion was then voted on and was
The Committee considered Chief Administrator’s Office report CAO-14-013, dated June 9,
2014, which provides a status update as of the end of April 2014 on the 126 projects outlined
in the City of Kitchener’s 2014-2016 Business Plan.
In response to questions, Mr. D. Chapman agreed to provide further details once they have
been finalized on the performance management findings of the Corporate Talent Strategy. In
addition, Mr. J. Willmer agreed to provide additional information on the level of interest to date
with respect to the Start-up Landing Pad project.
ADJOURNMENT
5.
On motion, this meeting adjourned at 11:35 p.m.
C. Goodeve
Committee Administrator