HomeMy WebLinkAboutTR-064-00
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THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting:
General Purpose and Administration Committee
Date:
October 2, 2000
File#:
Res.ttfdJ/I--'6J- -0 0
Report #:
TR-64-00 File #:
By-Law #:
Subject:
STATUS OF THE COURTICE COMMUNITY
COMPLEX FUNDRAISING
Recommendations:
It is respectfully recommended the General Purpose and Administration Committee
recommend to Council the following:
1. THAT TR-64-00 be received for information; and
2. THAT the Build Courtice Committee be thanked for their efforts.
Background:
In July 1994, Council authorized a $50,000 interest free loan to the Courtice Community
Complex Fundraising Committee. The interest free loan was for the start-up funds to initiate
the fund raising campaign for the construction of the Courtice Community Complex. The
Courtice Fundraising Committee was to repay the interest free loan from their fundraising
efforts.
In 1996, the Courtice Community Complex Fundraising Committee received their Charitable
Organization number from the Province for the "Build Courtice" campaign. The Committee
anticipated their fundraising goal to be $500,000.
In July 1997, the Municipality of Clarington received its first fundraising funds of $50,000 from
the Build Courtice Campaign. The $50,000 from the Build Courtice Campaign was used to
repay the interest free loan.
In June 2000, the Municipality received the final fund raising funds of $13,739 from the Build
Courtice Committee. As stated in the letter from H.E. Horricks, Treasurer of the Build
Courtice Committee, there is a possibility of a $20,000 pledge from a local area
builder/developer and if the pledge is honoured, will be paid directly to the Municipality.
Please refer to Attachment "A".
818
Report TR-64-00
STATUS OF THE COURTICE COMMUNITY COMPLEX FUNDRAISING
Page 2
The Build Courtice Committee has in total forwarded to the Municipality $188,739 from their
fundraising efforts including the $50,000 interest free loan repayment.
Respectfully submitted,
Reviewed by,
r1e Marano, HBSc., AMCT, CMO.,
Treasurer.
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Franklin Wu,
Chief Administrative Officer.
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Attachment
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ATTACHMENT "A"
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ffi JUN 1 9 2000
BUILD COURTICE
MUNICIPAlITY OF CLARINGTON
FINANCE
June 15,2000
Municipality of Clarington
40 Temperance Street
Bowmanville, Ontario
LlC 3A6
Attention:
Marie Marano, Treasurer
Dear Ms. Marano:
On behalf of Build Courtice, I am pleased to enclose herewith a copy of the audited financial
statements for the year ended December 31 ", 1999 as prepared by Stephen Sutherland, Chartered
Accountant.
In reviewing these financial statements, you will notice that at the end of the year we wrote off a total
amount of $29,433 in pledges that were deemed to be uncollectible at this point in time despite our
various efforts to collectthese outstanding pledges, Included in this amount is one pledge of$20,000
from a local area builder/developer who has indicated to us that he may still honour his pledge
depending on various factors. If he does honour the pledge, he will pay it directly to the
Municipality rather than to Build Courtice.
With the completion of this year end, there is very little left outstanding related to the work of Build
Courtice, and I shall be instructing our coordinator to prepare a cheque transferring the remaining
monies on hand of $13,739 to the Municipality within the next couple of weeks.
Should you have any questions regarding the financial statements, please give me a call at 721- 3500.
Sincerely yours,
~. --
.E. Horricks, C.G.A., P.Adm.
Treasurer
HEHlmh
ENCLOSURE
cc: Ian Smith, President
Diana Williamson, Fundraising Coordinator
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Campaign Honorary
Advisors
Larry Hannah
Mary Novak
John OToole, MPP
Gary Polonsky
AI Strike
Campaign
Management
Ian Smith
Campaign Chairperson
Harry Horricks,
Campaign Treasurer
Carol Cavallari
Nancy Coffin
Hannu Halminen
Bob Owen
George Vella
Build Courtice
Campaign Office
1651-1669 Nash Road
P.O. Box 183
Courtice. Ontario
L 1E 158
Tel: 1-905-432-9090
Fax: 1-905-432-1260
Tuesday, September 26, 2000
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Build Courtice
1413 King St E,
Courtice, Ontario LIE 2J6
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Municipality of Clarington
40 Temperance Street
BOWMANVILLE, Ontario
LI C 3A6
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Please accept this final installment of $4F9.31 raised by the Build Courtice ,il' f., * \J b
Fundraising Campaign for the Courtice Community Center. 'f' pL -; lq ~
We are very pleased to see the facility completed and open to the public. tfbj1l
however are a little disappointed in the fact the municipality has failed to .
complete the recognition wall located at the entrance to the facility. Much of
the funds raised were through the sale of the bricks that were to be placed in
this recognition wall. Failure to complete the wall has become an
embarrassment to the many volunteers who worked very hard for this
campaign. We ask that this final cheque be put towards the cost of
completing the recognition wall.
Treasury Department;
Sincerely,
vi rJ C7~-
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Diana Williamson
Campaign Co-ordinator
Build Courtice Fundraising Campaign
Cc: Mayor Hamre.
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