Corporate Services and
Economic Development Committee/
Comité des services
organisationnels et du développement économique
and Council/et au Conseil
4
September 2001 /le 4 septembre 2001
Submitted by/Soumis par: Kent
Kirkpatrick, General Manager/Directeur général
Corporate Services
Department/Services généraux
Contact/Personne
ressource: Lloyd Russell, Director,
Financial Services and City Treasurer/
Directeur des Services financiers et trésorier
municipal
580-2424,
Ext. 21312, Lloyd.Russell@city.ottawa.on.ca
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Ref N°: ACS2001-CRS-FIN-0038
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SUBJECT: |
Grant Request - |
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OBJET: |
DEMANDE
DE SUBVENTION - |
REPORT RECOMMENDATION
That the Corporate Services and Economic
Development Committee and Council consider a grant request from Algonquin
College of Applied Arts and Technology in the
amount of $1.5 million to assist in the funding of the Advanced Technology
Centre.
RECOMMANDATION DU RAPPORT
Que le Comité des services organisationnels et du développement économique et le Conseil municipal examinent une demande de subvention du Collège Algonquin d’arts appliqués et de technologie, de l’ordre de 1,5 million de dollars, afin d’aider au financement du Centre de technologie de pointe.
BACKGROUND
The Algonquin College of Applied
Arts and Technology (the College) is in the process of consolidating and
clustering of programs and as part of the process is constructing the Advanced
Technology Centre at the Woodroffe Campus. The cost of this facility is
estimated at $25 million with $10 million to be provided from the Province of
Ontario through the SuperBuild Growth Fund and $15 million from local funding.
As detailed in their attached
correspondence, the College is requesting a grant of $1.5 million from the City
to assist in the local funding share of the project. The request had initially
been forwarded last fall, however, due to the transition situation last year,
the request did not get included in the 2001- 2003 budget that was tabled by
the Transition Board.
The College has asked that this request be brought forward now for consideration. Copies of the correspondence from the College detailing the project, the benefits of the project and its’ funding are attached to this report.
DISCUSSION
The funding of post secondary educational facilities has not normally been a responsibility of local government. In 1991, the Region provided funding of $1 million each to the Vision Campaign of the University of Ottawa and the Carleton University Challenge Fund. The funding was in response to campaign requests and was initially to be funded over multiple years but was funded as a pre-commitment of year-end surplus in November 1991.
The University of Ottawa campaign identified an overall financial need of $89 million of which the Vision campaign local share target was $34 million and the municipal request was $1 million. The municipal share was approximately 1.1% of the overall program and 2.9% of the local share.
The Carleton University campaign identified an overall financial target of $32 million of which $17 million was locally funded and the municipal request was $1 million. The municipal share was approximately 3% of the overall program and 5.9% of the local share.
The Algonquin College request is $1.5 million or 6% of the full program and 10% of the local share.
If Committee and Council wish to provide support to this request, it is suggested that the grant should be considered together with all other budgetary considerations and as such should be deferred until 2002 budget considerations.
CONSULTATION
There has been no public consultation on this item.
FINANCIAL IMPLICATIONS
Funds for this capital grant have not been identified within the 2001 approved budget or the 2002-2003 forecasts. Council faces a great number of future budget pressures, particularly in the capital program. These issues will be given consideration at the time of the 2002 budget deliberations and Committee and Council may wish to include this item in those discussions.
ATTACHMENTS
1. Letters from Algonquin College dated July
16, 2001, November 2, 2000 and September 14, 2000.
2. Letter dated June 28, 2000 from the former
Regional Chair.
DISPOSITION
The City Clerk to advise Algonquin College of Council decision.
