HomeMy WebLinkAboutTR-82-81 6
Report to the Chairman and Members of the General Purpose and Administration
Committee meeting of October 13, 1981.
Report Number: TR-82-81
Subject: Orono Business Improvement Area
Recommendation:
It is respectfully recommended:
1 . That this report be received; and
2. That the Orono Donwntown Improvement Area 's budget be
reduced to $4,000 form $6,000 for the 1981 fiscal year; and
3. That the Treasurer be authorized to levy the additional $3,000
on the Orono Downtown Improvement Area in a special tax billing
in October and November of 1981.
Background and Comment:
The Orono Downtown Improvement Area which was established in 1981
made an initial request for a budget of $1,000. This amount was then the basis
of the levy on the members.
Subsequently, their budget was passed in Council in the amount of
$6,000 under resolution #C-725-81 ( #F-258-81) . This budget was established
after the levy was made and therefore resulted in a under levy to the members
of the Orono Downtown Improvement Area.
i
A discussion with the Chairman of the Orono Downtown Improvement
Area made him aware of the aforementioned situation and a meeting of the
Board of Management was held. The decision of that meeting is the subject
of the attached letter.
The Board of Management has requested that their budget be reduced
to $4,000 for the 1981 fiscal year. The cost of the underground conduit
originally estimated at $2,800 has now been reduced to $800. The Chairman
indicates that Ontario Hydro has revised their estimate downward allowing for
the reduction in this budget area.
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TR-82-81
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They have, also, agreed to have the additional $3,000 levied in 1981 so that
the Orono Downtown Improvement Area would not face two times the levy in
1982. These areas are self-supporting through direct levies on their members,
and therefore any surplus or deficit would be carried over into the next
year.
Respectfully Submitted.
V,�qLA -0 �
Kathryn C.A. , B.Com. ,
Treasurer
30 09 81
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28 September
Corporation of the Town of Newcastle,
BOWMANVILLE, Ontario
ATT: Ms. K. Campbell
Treasurer
Dear Ms. Campbell;
RE: Budget 1981
In view of the fact that full assessments have
not yet been made to members of Orono Downtown
Improvement Area, the Board of Management have approved
a resolution to request council to amend our Budget to
$4,000.00 for 1981 calendar year, and not as previously
approved.
Furthermore, we would ask that the balance of the
assessment, i.e. $3,000. , be invoiced in equal instalments
in October and November of this year.
Yours truly,
Alan Mote
Chairman
Orono D.B.I.A.
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VILLAGE OF ORONO CENTRAL BUSINESS IMPROVEMENT AREA
Board of Management