Loading...
HomeMy WebLinkAboutCAO-08-022 - Downtown Adv Cmttee Rec - King St MasterplanI~ R . .~. Chief Adminlstrator's Of~ce Report To: Development and Technical Services Committee Date of Meeting: June 16, 2008 Submitted By: Cory Bluhm, Urban Investment Advisor Prepared By: Tracey DeVille, Executive Assistant, Economic Development Ward(s} Involved: All Wards Date of Report: June 13, 2008 Report No.: CAO-08-022 Subject: DOWNTOWN ADVISORY COMMITTEE - RECOMMENDATION IN SUPPORT OF THE KING STREET MASTERPLAN RECOMMENDATION: That the Downtown Advisory Committee strongly support Option 4 be approved with an amendment that the high quality treatments be extended to also include the block between College Street and Water Street; and, That Council continue to allocate all of the funding currently committed to the project, approximately $5.6 million, over and above the funding received from the Province of Ontario, $3.2 million through the MIII application, for a total allocation of $8.8 million. REPORT: On June 12, 2008, at their regular meeting, The Downtown Advisory Committee was given an overview of the status of the King Street Master Plan, and the options to be presented on June 16, 2008. The Committee engaged in discussion in which committee members expressed their strong support for Option 4. However, they recommended Option 4 be amended so that high quality treatments be extended to Water Street. The Committee also recommends that Council allocate all of the $5.6M that currently has been allocated by Kitchener City Council in addition to the $3.2M Provincial funding. Cory Bluhm, Urban Investment Advisor