24 Jul 2023 Council meeting Community

Allocation of BC Destination Development Funds to Stadium Upgrades

Motion
That Council amend the 2023-2027 Financial Plan to increase the Stadium District project budget by $1.0 M funded from the successful Destination Development Fund grant application.
This vote follows the minutes. The City’s vote record differs.
Sources
Agenda itemCity agenda
Staff reportPage 1
Purpose
To obtain Council approval for amending the 2023 - 2027 Financial Plan by allocating the $1.0 M Destination Development Funding to the Stadium District projects.
Staff recommendation
That the Finance and Audit committee recommend that Council amend the 2023 – 2027 Financial Plan to increase the Stadium District project budget by $1.0 M funded from the successful Destination Development Fund grant application.
DocumentsStaff report about Arts, Culture & Heritage, Economic Development, Parks & Recreation