Title
Major Capital Cost Share Funding Policy C-AD52
Proposed Motions
1. That the Committee of the Whole receive the Major Capital Cost Share Funding Policy C-AD52 for information, as presented.
2. That the Committee of the Whole direct Administration to present the Major Capital Cost Share Funding Policy C-AD52 at a future Council meeting for approval.
Body
Purpose
The purpose of this policy is to establish the protocols and methodology for municipalities to request funds from Parkland County for Major Capital investments. Administration is presenting Major Capital Cost Share Funding Policy C-AD52 before the Committee of the Whole for information and discussion. Administration recommends that Major Capital Cost Share Funding Policy C-AD52 be presented for consideration at a future Council meeting date.
Summary
This policy provides the basis for the governance process for all major capital cost share requests not defined in another contractual relationship. It is intended to ensure an integrated, consistent and transparent process is used for evaluating and making strategic decisions on major capital investment projects.
Strategic Plan/Policy/Legal/Staff Implications:
Responsible Governance - we maintain the public's trust through transparent and fair decision-making superior service delivery and effective communication.
Financial Impact:
Cost: n/a
Source of Funding: n/a