Transition economic development services in-house by 2025

Preliminary vote · Final decision at Council

General Committee makes recommendations; City Council makes the final decision.

Council’s final vote on June 24, 2024:Carried8–3See the Council vote →

3 councillors voted differently at Council

Full Resolution Text

That Council approve the recommendations outlined in Report CAO24-003, dated June 17, 2024 of the Chief Administrative Officer as follows: a) That staff be authorized to immediately begin implementing a transition plan for the City to provide economic development and tourism related services effective January 1, 2025; b) That a budget in the amount of $341,000 be established for the remainder of 2024 to provide for immediate transitional costs including pivotal staff recruitments to prepare for delivery of those services on January 1, 2025 and funded as follows: i. $121,000 from the Municipal Accommodation Tax Reserve; and ii. $220,000 from the uncommitted funds in the Sports Tourism Sponsorship Capital project (#18-146); c) That in preparing the draft 2025 budget for economic development and tourism related services, staff be directed to ensure that the financial impact be no greater than the funding the City currently provides for third-party provision of these same services, including revenues from the Municipal Accommodation Tax; and d) That staff be directed to report back to Council in the August cycle respecting the appropriateness of creating of a Municipal Services Corporation for the purposes of serving as an eligible tourism entity.

Meeting Details

General Committee

Council Chambers, City Hall