TAMRMS#: B06
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Capital Fundraising Campaigns
Presented by: Anna Royer, Business Manager
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RECOMMENDATION(S)
recommendation
That Administration reintroduce the Capital Fundraising Campaign initiative at the discretion of the City Manager to incorporate into the appropriate initiative or policy revision.
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PURPOSE OF REPORT
To provide Council with the status of a previous initiative regarding Capital Fundraising.
COUNCIL DIRECTION
On May 15, 2017 Council passed the following motion:
(AR-17-257)
That the following deadline extension for item indicated be approved. Capital Fund Raising Campaigns - extended to Q2 2018.
At the March 14, 2016 Standing Committee of the Whole Meeting the following motion was passed:
(SCW16-2016)
That Administration develop a report, based on the Committee members’ comments and feedback, by the end of October 2016 outlining a set of principles pertaining to the fund development expectations and limitations that will be conveyed to the appropriate facility beneficiaries.
BACKGROUND AND DISCUSSION
The intent of the initiative was to develop a set of principles leading to a governance direction regarding funding expectations for stakeholders requesting contributions from the City towards facility development.
There may be opportunity to align the scope of this initiative with similar topic matters being brought forward in the quarter three facilities report.
STAKEHOLDER COMMUNICATIONS OR ENGAGEMENT
N/A
IMPLICATIONS OF RECOMMENDATION(S)
Financial: N/A
Legal / Risk: N/A
Program or Service: N/A
Organizational: N/A
ALTERNATIVES AND IMPLICATIONS CONSIDERED
That Council direct Administration to do no further work on this matter.
Report Date: May 28, 2018
Author(s): Anna Royer
Committee/Department: CPS Administration
Acting General Manager: Michelle Bonnici
City Manager: Kevin Scoble