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THE
REPORT NO. 4
OF THE REGIONAL
FINANCE AND ADMINISTRATION COMMITTEE
MEETING HELD ON
For Consideration by
The Council of The
on
Chair: Mayor D. Cousens
Members: Mayor M. Black
Mayor T. Jones
Mayor T. Taylor
Mayor J. Young
Regional Chair B. Fisch
Also Present: Regional Councillor J. Jones
Staff Present: P. Casey, S. Cartwright, B. Crowe, J. Culshaw, J. Davidson, P. Duggan,
M. Garrett, T. Haddad, C. Harrison, J. Hulton, H. Jaczek, D. Kelly,
K. Schipper, L. Shallal, B. Tuckey
The Finance and Administration Committee began its meeting at
TABLE OF CONTENTS
1 PROPERTY TAX RATIOS AND TAX RATES FOR 2005
2 NEW PROPERTY TAX CAPPING OPTIONS FOR THE COMMERCIAL, INDUSTRIAL AND MULTI-RESIDENTIAL CLASSES
3 TAX INCREMENT FINANCING STRATEGY FOR YORK REGION
4 CONTRACT EXTENSION FOR SUPPLY AND SERVICE OF WIDE-AREA-NETWORK CONNECTIONS, NETWORK INFRASTRUCTURE EQUIPMENT AND VIRTUAL PRIVATE NETWORKING
5 DEVELOPMENT CHARGE CREDIT REQUEST, OAK RIDGES FARM CO-TENANCY LTD., TOWN OF RICHMOND HILL
[see also Attachment 1]
[see also Attachment 2]
6 DEBENTURE APPROVAL - CITY OF VAUGHAN
[see also Attachment 1]
7
[see also Attachment 1]
8 UPDATE - COMMITTEE PROCEEDINGS
The Finance and Administration Committee advises Council of the following matters having been considered by the Finance and Administration Committee with the following action:
COMMUNICATIONS
2 Anna Knowles, Deputy Clerk, Town of East Gwillimbury,
3 Provincial Funding Assistance
Anna Knowles, Deputy Clerk, Town of East Gwillimbury, March 16, 2005, forwarding a resolution adopted by the Council of the Town of
4 Mandatory Property Tax Increase Protection
Tony Derro, Secretary, The Association of Municipal Tax Collectors of Ontario,
5 Woodbine By-pass, Town of
Sheila Birrell, Town Clerk, Town of Markham,
OTHER BUSINESS
1.
Staff were requested to provide a report to Council's meeting of April 21, 2005 on the financing of the proposed addition to the Lake Simcoe Region Conservation Authority head office, with the report to be based on a review by Regional staff and the outcome of deliberations by the Board of the Lake Simcoe Region Conservation Authority.
PRIVATE SESSION
1. The Committee resolved into private session at
The Finance and Administration Committee adjourned its meeting at
Respectfully submitted,
(Report No. 4 of the Finance and Administration Committee was adopted, without amendment, by Regional Council at its meeting held on
Denis Kelly
(905) 830-4444 x 1300