Regular Council Meeting

That Council resolve itself into Committee of the Whole with Councillor Roy, Chair, Finance, in the Chair for the purpose of considering the draft 2011 operating and capital budgets.

That the Report Recommendations from Committee of the Whole be adopted as follows: 1. That the proposed 2011 Operating Budget in the amount of $94,751,114 be approved, as amended to reflect an increase of $2400. for municipal grants; 2. That the proposed 2011 Capital Budget in the amount of $26,306,880 be approved and the nine year forecast be received for information; MINUTES OF THE SPECIAL MEETING OF THE COUNCIL OF THE CORPORATION OF THE TOWN OF WHITBY HELD ON TUESDAY, APRIL 5, 2011 AT THE HOUR OF 7:00 P.M. IN THE MEETING HALL OF THE WHITBY MUNICIPAL BUILDING AS CALLED BY THE HEAD OF COUNCIL TO CONSIDER AND POTENTIALLY ADOPT THE 2011 OPERATING AND CAPITAL BUDGETS 3. That $6,433,200 be committed from the Long Term Capital Financing Reserve Fund for the Town’s portion of remaining debt payments associated with the Downtown library; 4. That a one time contribution of $463,700 from the Long Term Capital Financing Reserve Fund be approved to finance recommended one time capital decision packages; 5. That a one time contribution of $337,000 from the Service Level Reserve be approved to finance the recommended one time capital costs related to the proposed corporate contact center; 6. That any expenditures operating or capital related to the proposed contact center be subject to further review and approval by Council; 7. That a one time contribution of $333,602 to the Growth Reserve Fund from the Long Term Capital Financing Reserve Fund be approved to provide for the Town’s propor

That the meeting be adjourned.