Special Council Meeting

That Council resolve itself into Committee of the Whole with Councillor Roy, Chair of Treasury Services, in the Chair.

Special Council Minutes February 20, 2014 - 7:00 PM That Council ratify the recommendations from the Committee of the Whole.

That Item 1 of the main motion be amended to reflect the following: That the Growth Reserve Fund contribution be reduced by $241,000 to reflect an overall contribution of $688,000 ($929,000 - $688,000).

That leave be granted to introduce a by-law and to dispense with the reading of the by-law by the Clerk to adopt the 2014 Current and Capital Budgets and that the same be considered read and passed and that the Special Council Minutes February 20, 2014 - 7:00 PM Mayor and the Clerk sign the same and the Seal of the Corporation be thereto affixed.

That leave be granted to introduce a by-law and to dispense with the reading of the by-law by the Clerk to confirm the proceedings of the Council of the Town of Whitby at its special meeting held on February 20, 2014 and that the same be considered read and passed and that the Mayor and the Clerk sign the same and the Seal of the Corporation be thereto affixed.

That the meeting be adjourned.

1. That the proposed 2014 Operating Budget in the amount of $106,524,111 be approved; 2. That the 2014 Operating Budget be amended to reflect the inclusion of expenses in the amount of $3,000 for municipal materials and services to permit The Rotary Club of Whitby Food Truck Frenzy event and that the cost be funded by the Long Term Finance Reserve Fund; 3. That the proposed 2014 Capital Budget in the amount of $23,096,897 be approved, and the multi-year forecast be received for information; 4. That the Commissioner of Corporate Services/Treasurer be authorized to issue a payment of $250,000 to Durham College representing the fourth instalment of the Town of Whitby’s $1,000,000 investment commitment over four years to the Durham College Whitby Campus Expansion project; Special Council Minutes February 20, 2014 - 7:00 PM 5. That the Employee Related Benefits Reserve Fund be utilized to fund the cost of the benefits program for existing retiree’s at December 31, 2013; 6. That the Insurance Reserve Fund be utilized to fund the 2014 operating cost of $43,980 relating to the additional Automated Vehicle Location units; 7. That the Long Term Finance Reserve Fund be utilized to fund $400,000 of the reduced Whitby Hydro dividend pressure in 2014; 8. That the Long Term Finance Reserve Fund be utilized to fund the one-time costs outlined in the Operating and Capital Budgets totalling $713,576; 9. That the Commissioner of Corporate Services/Treasurer be authorized to transfer from the Lo

That Item 1 of the main motion be amended to reflect the following: 1. That the Growth Reserve Fund contribution be reduced by $241,000 to reflect an overall contribution of $688,000 ($929,000 - $688,000); 2. That Whitby Hydro revenue be increased by $79,000; and, 3. The 2014 tax rate be adjusted accordingly.

That Item 1 of the main motion be amended to reflect the following: 1. That the Growth Reserve Fund contribution be reduced by $120,000 to reflect an overall contribution of $809,000 ($929,000 - $809,000); 2. That Whitby Hydro revenue be increased by $79,000; and, Special Council Minutes February 20, 2014 - 7:00 PM 3. The 2014 tax rate be adjusted accordingly.

That Item 2 of the main motion relating to the Whitby Rotary Club of Whitby Food Truck Frenzy and any 2014 Current and Capital Budget items relating to the Whitby Public Library and Iroquois Park Sports Centre be approved.

That Council rise from the Committee of the Whole.