General Committee Meeting

That the minutes of the February 16, 2021 General Committee meeting be confirmed.

That the deputations from Michael Chen and Mireille Dahab be received.

That item 11.1 Development Charge Deferral - St. Mary and St. Samuel the Confessor Coptic Orthodox Church be moved up on the agenda and addressed after the deputation.

That the minutes of the November 18, 2020, December 9, 2020 and January 13, 2021 Board of Management Unionville Business Improvement Area Committee meetings be received for information purposes.

That the memorandum dated March 1, 2021 to General Committee, titled “Box Grove Community Park Additional Funding Required” be received.

That the report dated March 1, 2021 titled “Government Finance Officers Association Awards” (GFOA) be received; That the formal presentation of the following Government Finance Officers Association awards be received: Distinguished Budget Presentation Award for the annual budget for the fiscal year beginning January 1, 20 20; and, Canadian Award for Financial Reporting for the annual financial report for the year ended December 31, 20 19; and further, That the following staff members be congratulated for this accomplishment: Joel Lustig, Treasurer, Lisa Chen, Sr. Manager, Financial Planning and Reporting, Matthew Vetere, Manager, Tax and Assessment Policy, Kishor Soneji, Senior Accountant, and, Asif Aziz, Senior Financial Analyst.

That the report titled “2020 Year-End Review of Operations” be received; and, That a COVID-19 Reserve be established from the Safe Restart Agreement funding to be used to offset COVID-19 operating impacts; and, That the City’s 2020 COVID-19 net favourable variance of $2.21M be allocated as follows: $1.30M COVID provision for future tax adjustments; $0.91M transfer to the COVID-19 Reserve; That the City’s 2020 net operations favourable variance of $7.60M be transferred as follows, as per the approved Financial Planning and Budgeting Policy: $3.60M one-time funding to replenish the Corporate Rate Stabilization Reserve; $0.79M to the Corporate Rate Stabilization Reserve to achieve a balance equal to 15% of the local tax levy; $3.21M to the Life Cycle Capital Replacement and Capital Reserve Fund; and further, That Staff be authorized and directed to do all things necessary to give effect to this resolution.

That the presentation titled "Canada Healthy Communities Initiative" be received for information. That the Committee support the Franklin Carmichael Park - Multi-Purpose Outdoor Hard Surface project for the City's Round One submission.

That the presentation titled "Recreation Services Financial and Programs Update" be received.

That the presentation titled “Culture Services Financial and Programs Update” be received for information.

That the report entitled, “Development Charge Deferral - St. Mary and St. Samuel The Confessor Coptic Orthodox Church”, dated March 1, 2021, be received; That the Mayor and Clerk be authorized and directed to enter into an agreement with the applicant to secure the following terms of approval: The development charges be

That, in accordance with Section 239 (2) of the Municipal Act , General Committee resolve into a confidential session to discuss the following matters:

That the General Committee meeting adjourn at 2:12 PM.

1. That the report dated March 1, 2021 titled “Government Finance Officers Association Awards” (GFOA) be received; 2. That the formal presentation of the following Government Finance Officers Association awards be received: a. Distinguished Budget Presentation Award for the annual budget for the fiscal year beginning January 1, 2020; and, b. Canadian Award for Financial Reporting for the annual financial report for the year ended December 31, 2019; and further, 3. That the following staff members be congratulated for this accomplishment: Joel Lustig, Treasurer, Lisa Chen, Sr. Manager, Financial Planning and Reporting, Matthew Vetere, Manager, Tax and Assessment Policy, Kishor Soneji, Senior Accountant, and, Asif Aziz, Senior Financial Analyst. 6

1. That the report titled “2020 Year-End Review of Operations” be received; and, 2. That a COVID-19 Reserve be established from the Safe Restart Agreement funding to be used to offset COVID-19 operating impacts; and, 3. That the City’s 2020 COVID-19 net favourable variance of $2.21M be allocated as follows: a. $1.30M COVID provision for future tax adjustments; b. $0.91M transfer to the COVID-19 Reserve; 4. That the City’s 2020 net operations favourable variance of $7.60M be transferred as follows, as per the approved Financial Planning and Budgeting Policy: 7 a. $3.60M one-time funding to replenish the Corporate Rate Stabilization Reserve; b. $0.79M to the Corporate Rate Stabilization Reserve to achieve a balance equal to 15% of the local tax levy; c. $3.21M to the Life Cycle Capital Replacement and Capital Reserve Fund; and further, 5. That Staff be authorized and directed to do all things necessary to give effect to this resolution.

1. That the presentation titled "Recreation Services Financial and Programs Update" be received. 10

That the General Committee confidential session adjourn at 2:26 PM.