Special Council Meeting

"That the report of the Finance and Corporate Services Committee, dated September 16, 2024, 2024, listed as items 4.1 and 4.2 on the agenda this date, be adopted."

That Council support the City’s grant submission to the Community Sport and Recreation Infrastructure Fund Stream 2 for the construction of the quad gymnasium located at the Kitchener Indoor Recreation Complex, as outlined in Financial Services Department report FIN-2024-411; and, That Council supports the City’s grant submission to the Green and Inclusive Community Buildings Federal Grant program for the construction of the quad gymnasium located at the Kitchener Indoor Recreation Complex; and, That the total budget for the gymnasium located at the Kitchener Indoor Recreation Complex be approved at $29,913,529, and that, if both grant applications are successful, an additional maximum debenture financing in the amount of $9,913,529 be authorized, and that, if only one grant application is successful, an additional maximum debenture financing in the amount of $19,913,529 be authorized; in both scenarios, for a term not exceeding 20 years (to be repaid from future development charge revenue earmarked for indoor recreation facilities); and, That the Chief Administrative Officer or a General Manager is hereby authorized to execute the Community Sport and Recreation Infrastructure Fund (CSRIF) and the Green and Inclusive Community Building (GICB) application, and if successful, execute a CSRIF Transfer Payment Agreement with the Ministry of Sport, and any other CSRIF or GICB related documentation; said agreement and other related documentation is to be to the satisfaction of the

"That the by-laws be given third reading, namely: 6.1.a To confirm all actions and proceedings of the Council for September 16 2024. (By-law 2024-158)