OTTAWA CITY COUNCIL

23 November 2011

ANDREW S. HAYDON HALL

10:00 a.m.

 

DISPOSITION OF ITEMS APPROVED BY COMMITTEES UNDER DELEGATED AUTHORITY

 

 

For the information of Council, the following item was approved by the Debenture Committee under Delegated Authority, at its meeting of 16 November 2011:

 

1.         LONG TERM BANK LOAN BY-LAW

rÈGLEMENT SUR un PRÊT BANCAIRE À LONG TERME

ACS2011-CMR-FIN-0058                            city-wide / À l’Échelle de la ville

 

That the Debenture Committee enact a By-law substantially in the form attached as Document 1 authorizing the Treasurer to enter into a loan agreement with Royal Bank of Canada for a bank loan in an amount up to $25 million with a variable interest rate and to enter into an interest rate exchange agreement to provide effectively a fixed rate of interest satisfactory to the Treasurer.

 

CARRIED

 

 

2.         enactment of by-lawS (One by-law)

Adoption de rÈglements municipaux (Un RÈglement municipAU)

 

Bylaw                                                                                                 Three Readings

 

Moved by Member M. Simulik:

 

That the following by-laws of the City of Ottawa be given three readings and enacted by the Debenture Committee in accordance with its delegated authority:

 


By-Law No. 2011-401           A by-law of the City of Ottawa to authorize the borrowing of monies and a bank loan in the principal amount of $25,000,000.00 towards the cost of certain capital works of the City of Ottawa.

 

                                                                                                CARRIED

 

 

3.         enactment of CONFIRMATION By-law

Adoption de LA RATIFICATION DU règlement municipal

 

Bylaw                                                                                                 Three Readings

 

Moved by Councillor P. Clark:

 

That the following by-law of the City of Ottawa be given three readings and enacted by the Debenture Committee in accordance with its delegated authority:

 

By-Law No. 2011-402           A by-law of the City of Ottawa to confirm proceedings of the Debenture Committee, a Committee of the Council of the City of Ottawa at its meeting held on November 16, 2011.

 

                                                                                                            CARRIED

 

 


For the information of Council, the following item was approved by the Planning Committee under Delegated Authority, at its meeting of 8 November 2011:

           

9.         ANALYSIS OF PLANNED AND APPROVED CONDOMINIUM APARTMENT UNITS IN THE CENTRAL AREA

ANALYSE DES APPARTEMENTS EN COPROPRIÉTÉ PLANIFIÉS ET APPROUVÉS DANS LA ZONE CENTRALE

ACS2011-CMR-PLC-0020                      WARDS 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18

 

That the Planning Committee direct staff to prepare an analysis of the number of housing units planned and approved inside the Greenbelt in order to assess the capacity of the City of Ottawa to determine the total hard and soft costs of sustaining the rate of growth of condominium apartment units, and that in preparing the analysis of the ‘soft’ costs of providing services needed to support the growth through intensification, that the City of Ottawa retain the input of an  ‘integrated development economist’ who would be able to provide a wide analysis of the public investments needed to sustain this rate of growth.

 

                                                                                                            CARRIED, as amended