HomeMy WebLinkAboutTR-53-88 REPORT #4
TOWN OF NEWCASTLE
REPORT File #
Res-
By-Law #
METING: COUNCIL MEETING
DATE: June 27, 1988
REPORT #: -TR-53-88 FILE #:
SUBJECT:
REQUEST FOR A GRANT
BOWMANVILLE BUSINESS CENTRE
RECOMMENDATIONS:
It is respectfully recommended to Council the following:
1. That report TR-53-88 be received; and
2. That the request from the Bowmanville Business Centre
for funding in amount of $6,500.00 be approved; and
3. That these funds be drawn from the Administrative Improvement
Reserve fund; and
4. That Ms. C. Collacott be advised of Council's actions.
BACKGROUND & COMMENTS:
At the Committee Meeting of June 20th, 1988 Resolution IfGPA-429-88 was
approved. Said Resolution directed that the request for financial
assistance be referred to the Treasurer and Chief Administrative Officer
for review and a report to Council.
2
TR-53-88 Page 2
Staff note that the new Administrative Centre is nearing completion with
the Official Opening Scheduled for July 12, 1988. This facility along
with the reconstruction of Temperance Street, north of King Street will
greatly enhance the downtown core. Therefore, it would seem appropriate
at this time to give a grant of $6,500.00 to the Bowmanville Business
Centre to help defray the costs associated with tree maintenance and
further beautification in the downtown streetscape area.
Respectfully submitted, Recommended for presentation
to Council
(/�-R. Blanchard, Lawrence pKotseff,
Treasurer. Chief Administrative Officer.
JRB/pp
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BOWMANVILLE BUSINESS CENTRE
Em�i 4P no i
BOWMANVILLE P.O. BOX 365
I �� i P.O.BOWMANVILLE, ONT.
BUSINESS CENTRE � L1 C 30
1988 06 15 11 {
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Safi(,! ;
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.: �I{f Atli �•. 61.,_ _--. r
Mr. David W. Oakes
Town Clerk
Town of Newcastle
40 Temperance Street
Bowmanville, Ontario
L1C 3A6
Dear Mr. Oakes
After several years of neglect , the 95 trees in the
Downtown streetscape area require immediate major atten-
tion, including 4 dead tree replacement , trimming , fer-
tilizing , and the removal of imbedded wires, at a cost
of $8, 500. Unless action to correct this problem is taken
this year, the trees will not likely survive another
winter. The annual maintenance of these trees wil be
budgeted by ourselves in subsequent years in the amount
of $2,000 per year based on 1988 dollars.
Our concern requires a satisfactory financing arrange-
ment for the spending of the $8, 500 immediately, for
this major unbudgeted expenditure. A grant of $6, 500
from the Town of Newcastle, or an interest-free loan
spread over 3 years is -seen to be a reasonable method of
resolving this situation.
Your immediate attention to this request would be very_
much appreciated.
Yours very truly -------� ,, - -
4 f;t.t.r.1
4iLf^YC:'!�'
7 _
Garth Gilpin
Secretary-Treasurer
and
General Manager
Y 1
pc C. Collacott
Chairman of Landscaping