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HomeMy WebLinkAboutAdmin 85-84REPORT #3 CORPORATION OF THE TOWN OF NEWCASTLE 40 TEMPERANCE STREET BOWMANVILLE, ONTARIO L1C 3A6 TELEPHONE 623-3379 REPORT TO COUNCIL MEETING HELD OCTOBER 22 1984 ADMIN. 85 - 84 SUBJECT: REPORT FROM THE BICENTENNIAL COMMITTEE RECOMMENDATIONS: It is respectfully recommended that Council: 1. Receive Administrator's Report ADMIN 85 - 84 for information; 2. Adopt one of the two following courses of action: a) Acquire 300 books from the Newcastle Village and District Historical Society at a cost of $6,000; or b) Reject the request; 3. Advise the Historical Society of Council's decision. BACKGROUND AND COMMENT: At the October 4th meeting of the Bicentennail Committee, one of the items discussed was the August 28th letter to the Chief Administrative Officer from Judge Lovekin on behalf of the Newcastle Village and District Historical Society. The letter had been held by staff until a meeting of the Bicentennial Committee as it seemed most appropriate that it first be presented to this Committee as it is suggested as a Bicentennial Project. The Bicentennial Committee has generally had a policy of not providing grants to local organizations as it is undertaking its own projects, including the development of a Bicentennial coin and publication of a series of articles entitled "Faces and Places". The Committee is currently examining the possibility of commissioning an appropriate permanent reminder of the Town's Tenth and the Province's 200th Anniversary. Judge Lovekin, on'_behalf of the Historical Society, is suggesting that the Town purchase approximately 300 copies of Professor Squair's book on the Townshipsof Darlington and Clarke. The Society would thereafter repurchase the books from the Town as funds were available. Essentially, Judge Lovekin's request would amount to an interest free loan with the collateral being offered in the form of 300 copies of �d G' 3s- 3/• �� :q�:MWiI Professor Squair's book. Because the suggested arrangement would most likely go beyond the mandate of the Bicentennial Committee, it was felt most appropriate to refer the matter to Council. For the information of Council members, I am attaching Judge Lovekin's letter. Respectfully submitted, DSJ:nof David Johnston, M.C.I.P., Chief Administrative Officer att. HIS HONOUR JUDGE CANADA JUDGE'S CHAMBERS E. RICHARD LOVEKIN COURT HOUSE 605 ROSSLAND ROAD E WHITBY, ONTARIO LIN 554 August 28th, 1984 Mr. David S. Johnston, M.C.I.P., Chief Administrative Officer, Corporation of the Town of Newcastle, 40 Temperance Street, Bowmanville, Ontario LIC 3A6 Re: Request for municipal assistance for Bi -centennial project by Newcastle Village and District Historical Society - Reprint of Prof. Squair's book on the Townships of Darlington and Clarke. Dear Sir: In my capacity as Chairman of the Committee for the reprinting of Prof. Squair's book by the Newcastle Historical Group, I am writing you confirming'our recent discussion regarding this project. The reason why I was entrusted with this project by the Society is because I have had some experience in publication of legal texts such as Cartwright and Lovekin, Law of Divorce in Canada. I have for some time been of the opinion that this valuable local historical work should be made available through a second printing, the first edition having been sold out and hence unavailable for several years and so I volunteered for the job. The Society is new as a formally chartered organization but its members have been locally active in historical matters for years. We do not have the fiscal resources to finance the reprinting which is a relatively large undertaking so we are looking to the municipality for financial assistance by way of a non interest bearing loan. We considered the outright grant approach and the loan approach and have arrived at the conclusion that a loan is fairer to the municipality and acceptable to us. We are proposing that the municipality purchase 300 books at $20.00, that is a total of $6,000.00. We can formally deliver these books to you for safekeeping or we will hold them to your account. You may, of course, keep all these books and continued/... 2. they are security for the money advanced. The plan we would suggest however is that when we have sold enough books to be in funds we would re -purchase the books from you and you could take these funds back into your accounting system to be used at some future date for other historical purposes. We may make a complete pay back in one year but suggest three years as a safe maximum. We will pay back in installments. In the printing industry volume production reduces the cost per unit very substantially because of the economic rule known as fixed and variable costs. The fixed costs in reproducing a book are high for each page has to be photographed and the presses "setup". Once those fixed costs are met the press time, paper and binding are the variable costs and they are relatively small. There is of course no profit in producing an item you cannot sell so the trick is to run the largest number you think you can sell to reduce the unit cost and not to over supply the market. We have 250 pre -publication, conditional orders at $20.00; the post publication price will be $30.00. We &ould finance a 500 copy run ourselves but a 1000 copy run would lower substantially the unit cost and result in a profitable as opposed to a break-even or loss situation. Any ultimate surplus accumulated by a sell-out of all copies would of course be funds in the Society's hands for future projects and the Society is a registered non profit charitable organization so no single individual would make any money whatsoever. Indeed our members donate their time and effort as we would expect in such an organization. I understand members of the Society have spoken to the Mayor and individual members of council and we have been led to believe that assistance such as we propose, or some other kind of assistance, will in all probability be forthcoming by formal motion of council. My present purpose is to put the facts before you so the matter will come before council fully thought out and ready for their formal action. Both of us are in the position of course that we must report.back to our principals. I await your reply and suggestions. Yours 1 E. Richard ekin ERL:mr