REQUEST FOR DECISION
DATE: June 22nd, 2022 Report No. CSS-22-006
TO: Laurie Hurst, Chief Administrative Officer
FROM: Blair McDonald, Director of Community Safety Services
SUBJECT:
Title
Public Safety Building (PSB) - Financial Update
End
RECOMMENDATION:
Recommendation
That Council authorize an increase of $6 million to the overall PSB budget.
Body
RELEVANT POLICY:
Financial Plan Bylaw, 2022, No. 3054
Public Safety Building Improvements Loan Authorization Bylaw, 2021, No. 3021
STRATEGIC RELEVANCE:
Healthy, Livable and Diverse Community: fully utilize the McLoughlin amenity funds to maximum potential
BACKGROUND:
In March of 2019, Council directed staff to move forward with the construction of a new Public Safety Building (PSB). Staff initiated several steps including:
* establishing an advisory committee
* contracting a Project Manager
* completing a feasibility study
* contracting an architecture firm to produce construction drawings
* public consultation processes including Advisory Planning Commission, Design Review Committee, and numerous Council meetings
* developing a project budget
* initiating a rezoning amendment process for the land upon which the new PSB will be situated
* an OCP amendment process.
Additionally, at Council direction, staff initiated an Alternate Approval Process which obtained elector approval for the necessary borrowing to fund the building. In May of 2021, Council directed staff to move forward with the process of obtaining the funds through borrowing and passed the Public Safety Building Improvements Loan Authorization Bylaw, 2021, No. 3021. The Township received $35 million in debt proceeds on September 27, 2021.
Council has previously been presented with the overall project budget. At this point the detailed budget is not released publicly to protect the integrity of the tendering and bidding process. However, the overall budgeted amount of $42 million was shared publicly.
Since 2019 when the PSB pr...
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