That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to the London Downtown Business Association:
a) the London Downtown Business Association proposed 2023 budget submission in the amount of $1,920,043 BE APPROVED as outlined in Schedule “A” as appended to the staff report;
b) the amount to be raised by the Corporation of the City of London for the 2023 fiscal year for the purposes of the London Downtown Business Association and pursuant to subsection 208(1) of the Municipal Act, 2001 BE FIXED at $1,943,343;
c) a special charge BE ESTABLISHED for the amount referred to in part b), above, by a levy in accordance with By-law CP-2 as amended; it being noted that the special charge shall have priority lien status and shall be added to the tax roll pursuant to subsection 208(7) of the Municipal Act, 2001; and
d) the proposed by-law as appended to the staff report dated January 9, 2023 as Schedule “C”, with respect to a Municipal Special Levy for the London Downtown Business Association BE INTRODUCED at the Municipal Council meeting to be held on January 24, 2023.