Title
Regional Parks - Sustainable Funding
Recommendation
[The staff recommendation was amended at committee as follows:]
That the Parks & Environment Committee recommend to the Capital Regional District Board:
1. That the Land Acquisition Fund be renewed for an additional 10 years (2020-2029) at a levy of $20/household; and,
2. That land acquisitions be funded with an averaged contribution from community partners at an additional 25%; and,
4. That staff report back in 2020 on strategies to ensure that sufficient funding is in place in future years to sustain the Regional Parks service.
(WA)
[The following item was previously decided upon at the Special CRD meeting of October 30, 2019:]
3. That an additional $925,000 be requisitioned each year for capital reserves to fund the refurbishment and replacement of existing assets, and;