Title
Capital Region Board Membership Contribution
Proposed Motion(s)
That Council support the proposed Capital Region Board motion approving member municipality contributions for Priority B Projects for 2015-2016, and Parkland County's cost allocation of $10,125.52.
Body
Administration Recommendation
Administration supports the recommendation.
Purpose
For Council to give consideration to the proposed CRB motion and offer support prior to the CRB meeting of February 12, where this motion will be presented.
Summary
Administration has reviewed the proposed motion scheduled to be presented at the February 12, 2015 Capital Region Board (CRB) Meeting:
"That the CRB approve a membership contribution of $315,000 for the Priority B Projects for 2015 -2016 as recommended by the Governance, Priorities & Finance Committee."
The cost sharing allocation formula is based on Priority B Projects and costs are calculated using population and equalized assessment data from Municipal Affairs. The total CRB Membership contribution is $315,000.00 and Parkland County's allocation of that amount is calculated to be $10,125.52.
Strategic Plan/Policy/Legal/Staff Implications
Parkland County is committed to forming strong and meaningful partnerships.
Financial Impact:
Cost: $10,125.52
Source of Funding: General Municipal 2015 Budget.