2ND REPORT OF THE
Investment
and Economic Prosperity Committee
meeting held on November
25, 2011, commencing at 2:05 PM, in the Board of Control Room, Second Floor,
London City Hall.
PRESENT: Councillor J.B. Swan (Chair),
Councillors D. Brown, M. Brown, S. Orser and P. Van Meerbergen and C. Saunders
(Secretary).
ALSO PRESENT: J.A. Fielding, M. Hayward, R.
Armistead, J. P. Barber, J. Braam, J. Fleming, E. Gamble, K. Graham, S. Houde, T.
A. Johnson, J. Lucas, P. McNally, C. Parker, B. Warner and P. White.
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I.
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DISCLOSURES OF
PECUNIARY INTEREST
That Councillor D.
Brown disclosed a pecuniary interest in clause 1 of this report as it relates
to the London Transit Commission, by indicating that her employer has
a contract with the London Transit Commission.
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1.
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Building the City of Opportunity
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Recommendation: That, notwithstanding the
recommendation of the City Manager and the Director of Land Use Planning and City
Planner, the following actions be taken with respect to the presentation “Building
the City of Opportunity”:
(a) the
attached presentation from the Director of Land Use Planning and City
Planner entitled “Building the City of Opportunity” BE RECEIVED
for information; it being noted that all financial and other information
regarding specific opportunities is very preliminary and requires further
research and exploration; and
(b)
the attached proposed process for developing an investment
strategy BE RECEIVED.
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2.
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Reconsideration of
the 1% Special Economic Levy for the 2012 Budget and 2013 to 2016 Budget
Forecast
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Recommendation: That
pursuant to section 13.8 of the Council Procedure By-law, the actions of the
Municipal Council taken at its meeting of October 4, 2011, related to the
adoption of clause 4(b) of the 31st Report of the Committee of the Whole,
concerning the establishment of a 1% Special Economic Levy for the 2012
Budget and 2013 to 2016 Budget Forecast BE RECONSIDERED.
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IV.
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DEFERRED MATTERS/ADDITIONAL BUSINESS
The Chair advised that the Special Meeting
of the Investment and Economic Prosperity Committee scheduled for December 3,
2011 is cancelled.
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