Administration Finance Committee

Resolved that Report FIN 18-16 be received and that the Administration & Finance Committee recommends to Town Council: 1. That Reports FIN 18-16 regarding an Amendment to the 2018 rates be received; and, 2. That By-law 18-28 be amended to reflect changes to Schedule F - Downtown Improvement Area rates.

The Administration & Finance Committee recommends to Town Council: 1. That Report FIN 18-17 regarding FCM Municipal Asset Management Program Grant be received; and 2. That Council direct staff to apply for a grant opportunity from the Federation of Canadian Municipalities' Municipal Asset Management Program for the Town of Grimsby's Strategic Asset Management Plan; and 3. That the Corporation of the Town of Grimsby commits to conducting the following activities in its proposed project submitted to the Federation of Canadian Municipalities' Municipal Asset Management Program to advance our asset management program: • Strategic Asset Management Plan • Implementation Plan • Levels of Service Framework 4. That the Corporation of the Town of Grimsby commits up to $27,375 from the Town's Gas Tax reserve fund toward the cost of this initiative.

Resolved that the Administration & Finance Committee recommends to Town Council: 1. That Report FIN 18-18 regarding the Main Street Revitalization Fund Initiative be received; and, Page 3 of 3 Administration & Finance Committee June 11, 2018 2. That a by-law be approved authorizing the Mayor and Clerk to execute the Municipal Funding Agreement.

Resolved that the Committee directs staff to present to Council an amendment to the Town's Development Charges By-law to add a Class A Office Deferral Program as outlined in this Report and discussed by the Committee.