TAMRMS#: B06
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Rescission of Council Policy C-FS-09 Servus Credit Union Place Fund Development
Presented by: Shelley Sawchuk, Business & Marketing Manager, Recreation & Parks Department
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RECOMMENDATION(S)
recommendation
That Council Policy C-FS-09 Servus Credit Union Place Fund Development be rescinded.
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PURPOSE OF REPORT
To rescind Council Policy C-FS-09 Servus Credit Union Place Fund Development as the current Council Policy C-FS-05 Budget and Taxation provides governance for fund development for the organization.
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
Strategic Priority #1: Growth Policy Framework: Develop a robust policy framework to guide growth.
Strategic Priority #4: Infrastructure Investment: Identify and build needed capital assets.
4.3 Explore non-traditional funding options including regional partnerships.
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
Service Levels in Alignment with City of St. Albert Services and Service Levels Inventory
- October 2018.
1. Fund Development - Raising funds to support the delivery of recreation and parks services to the community.
a. Sponsorship Opportunities - Providing businesses with sponsorship opportunities through agreements for physical spaces, programs and events.
b. Advertising Opportunities - Providing businesses with advertising opportunities through agreements for physical spaces.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
N/A
BACKGROUND AND DISCUSSION
The existing Council Policy C-FS-09 - Servus Credit Union Place Fund Development was developed in 2006, specifically for Servus Credit Union Place when it was being built to generate capital and ongoing operational revenue.
Upon review of existing policies, it was identified that C-FS-09 was narrow in scope as it only addressed Servus Credit Union Place; however, fund development (sponsorship and adverting) occurs within departments outside of Recreation & Parks.
Community Services, Economi...
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