Administration and Finance

That the Regional Municipality of Waterloo approve the Terms of Reference for the annual Community Capacity Building Fund as set out in report COR-CFN-24-002 dated February 6, 2024. In Favor (16) B. Vrbanovic, J. Erb, J. Nowak, K. Redman, M. Harris, S. Shantz, S. Foxton, D. McCabe, J. Liggett, D. Craig, P. Wolf, C. James, R. Deutschmann, N. Salonen, C. Huinink, and K. Williams

That the Regional Municipality of Waterloo take the following action with respect to the 2024 allocations under the Key Cultural Institutions grant program as outlined in COR-CFN-24-003 dated February 6, 2024: 1. Approve the 2024 allocation of $840,603 under the Key Cultural Institutions grant program as set out below: Kitchener Waterloo Art Gallery - $100,000 Canadian Clay and Glass Gallery - $93,587 Drayton Entertainment - $261,291 THEMUSEUM - $385,725; 2. Fund the additional costs (in excess of the 2024 Budget provision) of $493,450 from the Tax Stabilization Reserve in 2024; 3. Direct staff to include an incremental $493,450 in the Preliminary 2025 Base Budget funded from the property tax levy; and 4. Direct staff to review the KCI program and funding model with the area municipal working group in 2024, and provide an update to Regional Council in 2024 so that there is clarity in advance of 2025 funding requests In Favor (13) B. Vrbanovic, J. Erb, J. Nowak, K. Redman, S. Shantz, S. Foxton, D. McCabe, J. Liggett, D. Craig, P. Wolf, C. James, R. Deutschmann, and C. Huinink Opposed (3) M. Harris, N. Salonen, and K. Williams

AMENDMENT: THAT the funding for THEMUSEUM in 2024 be set at its previous level of $385,725 THAT the additional shortfall of funding ($93,450) in the 2024 KCI grant budget also be funded through the tax stabilization reserve fund AND FURTHER THAT staff be directed to review the KCI program and funding model with the area municipal working group in 2024, and provide an update to Regional Council in 2024 so that there is clarity in advance of 2025 funding requests. In Favor (10) B. Vrbanovic, J. Nowak, S. Shantz, S. Foxton, J. Liggett, D. Craig, P. Wolf, R. Deutschmann, N. Salonen, and C. Huinink Opposed (6) J. Erb, K. Redman, M. Harris, D. McCabe, C. James, and K. Williams

That the meeting adjourn at 11:05 a.m. In Favor (15) B. Vrbanovic, J. Erb, J. Nowak, K. Redman, M. Harris, S. Shantz, S. Foxton, D. McCabe, J. Liggett, D. Craig, P. Wolf, C. James, R. Deutschmann, C. Huinink, and K. Williams

That the Regional Municipality of Waterloo approve the Terms of Reference for the annual Community Capacity Building Fund as set out in report COR-CFN-24-002 dated February 6, 2024. In Favor (16): K. Redman, D. Craig, R. Deutschmann, J. Erb, S. Foxton, M. Harris, C. Huinink, C. James, J. Liggett, D. McCabe, J. Nowak, N. Salonen, S. Shantz, B. Vrbanovic, K. Williams, and P. Wolf

AMENDMENT:  THAT the funding for THEMUSEUM in 2024 be set at its previous level of $385,725  THAT the additional shortfall of funding ($93,450) in the 2024 KCI grant budget also be funded through the tax stabilization reserve fund  AND FURTHER THAT staff be directed to review the KCI program and funding model with the area municipal working group in 2024, and provide an update to Regional Council in 2024 so that there is clarity in advance of 2025 funding requests. In Favor (10): D. Craig, R. Deutschmann, S. Foxton, C. Huinink, J. Liggett, J. Nowak, N. Salonen, S. Shantz, B. Vrbanovic, and P. Wolf Opposed (6): K. Redman, J. Erb, M. Harris, C. James, D. McCabe, and K. Williams

That the meeting adjourn at 11:05 a.m. In Favor (15): K. Redman, D. Craig, R. Deutschmann, J. Erb, S. Foxton, M. Harris, C. Huinink, C. James, J. Liggett, D. McCabe, J. Nowak, S. Shantz, B. Vrbanovic, K. Williams, and P. Wolf