Sep 15, 2009 - Tanya Calleja, Administrative Assistant-Clerks ... 6,. CONfIRMATION BY-LAW. 413-09. Moved by Chris Zanett
Corporation of the Town of Huntsville
SPECIAL COUNCIL Meeting held on Tuesday, September 15, 2009 at 8:30 a.m, in the Huntsville Civic Centre, Municipal Council Chambers
ATTENDANCE
1.
Mayor:
Claude Doughty
Councillors:
W. A. Beatty Fran Coleman John Davis Mary Jane Fletcher Mike Greaves George Young Chris Zanetti
Absent:
Councillor Brian Thompson
Staff:
Tanya Calleja, Administrative Assistant-Clerks Dianne Conwath, Deputy Clerk Denise Corry, Director of Corporate Services Brian Crozier, Director of Community Services John Finley, Economic Development / Grants Officer Steve Hernen, Director of Protective Services / Fire Chief Julia McKenzie, Budget and Financial Planning Officer Dan Powers, Executive Assistant G8 Lisa Smith, Human Resources Manager Teri Souter, Manager of Culture, Heritage & Programming
ADOPTION OF AGENDA Moved by Fran Coleman and W. A. Beatty
412-09
BE IT RESOLVED THAT: The Special Council Agenda dated Tuesday, september 2009 be adopted as printed and circulated.
is,
carried.
2.
DISCLOSURE OF CONFLICT OF INTEREST - Nil -
3.
NEW BUSINESS a)
G8 Global Budget Update
Kelly Pender provided a PowerPoint Presentation on the matter. attached)
(Schedules "A" & "B"
Discussions took place regarding: • The proposed pedestrian bridges over the Muskoka River; • Parking at the G8 Centre; • Timeframe for spending awarded government funds (end of 2010);
Special (puncit Meeting • e
Minutes"-,-~S"e"p"te,"m=be,"r~1"5",,.
EsL % Inc, in Amort:
21,35%
422,116
------>
Est.Debt % Tx Inc.:
4.54%
' }'OO;tIDo ,
---->
Est, Opert % Tx Inc.:
1.08%
Total Est. % Tx, Inc.: Est. Tax % Savings:
5.61% -2.65%
2011 Net Tal( IMpact:
2.96%
6,336,698 246,750 83.18%
(C.j>ilal Cost Only)
Proposed/Approved Capital Projects (For Committee & Council Consideration)' Project One
Total Construction' $ % Grant: less Other Funding: $ Debenture Amt:
$
Debenture Term: Amortization Term: Amortization $: $ Debenture PMT: Est. Operating $ Inc.:
Total Construction' $
2,300,32.5
I.K
Est Tx Impact:
% Grant:
756,698
Muncipal Cost:
10 20
Debenture Term: Amortization Term:
Debenture Amt:
yrs.
":lrO,'{},QJt this project
Total Construction: $
18,52.0,000
% Grant:
Est. Tx Impact:
less Other Funding: $
1,820,000
$
Debenture Amt: yrs,
Debenture Term:
',',.$Q'J,QOP;
,$
iIIl,\lOO
this project
Est. Tx Impact:
20 20
Debenture Term; Amortization Term:
yrs.
161,950 -$23,546
$
Debenture Amt:
320,000
$
600,_
Less Other Funding: $
455,000 See Sum.
Amortization $:
Amortization $: $ Debenture PMT: Est. Operating _$ Inc.: this project
n/"
•
2,460,000 100.00%
%Grant:
Debenture PMT: Est- Operating $Ine.:
463,000
$
Muncipal Cost: -$
775,000
20 40
Amortizat\on Term:
-$133,919
1.98%
$
,
IN
In/Out: Total Construction:
6,478,000 88.04%
Muncipal Cost:
.
20 40
Amortization $: $ Debenture PMT: Est, Operating $ Inc. ;$:,
115,016 -$69,869
1.18%
$
OUT
In/Out',
90.17%
Less Other Funding' $
Deerhurst Drive Reconstruction
Ubrary Expansion
p~~
200,000 DC' 566,698
Project Four
Project Three
IN
In/Out-,
66.67%
Muncipal Cost: $
1
