Skip navigation
Social Media
Email IconTranslate
News Banner

Council summary for Monday, March 19, 2018

Posted on Tuesday March 20, 2018


The council summary below provides a snapshot of the major items presented at last night's council meeting. Please refer to the minutes for an official record of the meeting.

Cash Grant Allocations approved
Council has approved the allocation of $68,000 through its cash grant program. The
program is designed to encourage grass root volunteer and not-for-profit organizations to provide recreation and leisure opportunities for the residents of Waterloo and surrounding area. The funding categories for cash grants are arts and culture, festivals, sports, neighbourhoods and recreation.

Long-Term Financial Plan – consultant scenario
Council received a report on the city’s Long-Term Financial Plan (LTFP), prepared by a
consultant – GM BluePlan Engineering. The consultant assisted city staff in the
development of a 25-year comprehensive LTFP model for the city, as well as a set of
recommendations. City staff are using the model to create scenarios and recommendations that will be presented to Council in April.

Annual Statement of Remuneration Expenses for Elected Officials
Council received the annual statement of remuneration and expenses for elected officials. The report is prepared based on when payments are made, expenses can include items prepaid for 2018 and settlements that occurred in 2016. The statement can be found on the city’s website.

Uptown Land Disposition for 185 King St. S.
Council approved a plan to initiate the disposition process for 185 King St. S. The property is currently home to the Adult Recreation Centre (ARC). The ARC will eventually be relocated to the Waterloo Memorial Recreation Centre in a new structure that will be ready in 2021, subject to Council final decision and funding approval. Council is specific in the type of development it would like to see going forward on the ARC site. To address a need for additional urban office space in uptown, Council will have the opportunity to accept, refuse all or any proposal(s) at a future Council meeting scheduled on June 11. The preferred proponent will be required to build a structure that is at least 6,503 square metres (70,000 square feet) in building areas with ground floor commercial space, to have at lease one level of underground parking, to ensure the Senior Services Program on the ARC site can continue until the new structure is built, and, to enter into an Agreement of Purchase and Sale subject to performance conditions. The disposition deadline is May 1, 2018.

Media contact:
Tony Iavarone
Director, Communications