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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 a� 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 { I I� Safi(,! ; V .: �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