I.

CALL TO ORDER

1.

Disclosures of Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

II.

CONSENT ITEMS

2.

STAFF REPORT - 2018 Assessment Growth Funding Allocation

That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, the 2018 Assessment Growth Funding Allocation report BE RECEIVED for information.

Motion Passed

YEAS: M. Brown, M. van Holst, B. Armstrong, M. Salih, J. Helmer, M. Cassidy, P. Squire, J. Morgan, P. Hubert, A. Hopkins, V. Ridley, S. Turner, H.L. Usher (13)

3.

STAFF REPORT - Strategic Plan Progress Variance

That, on the recommendation of the City Manager, with the concurrence of the Managing Director of Planning and City Planner and the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, the staff report dated February 12, 2018, with respect to the Strategic Plan progress variance BE RECEIVED for information.

Motion Passed

YEAS: M. Brown, M. van Holst, B. Armstrong, M. Salih, J. Helmer, M. Cassidy, P. Squire, J. Morgan, P. Hubert, A. Hopkins, V. Ridley, S. Turner, H.L. Usher (13)

4.

STAFF REPORT - 2019 Development Charges (DC) Study - Growth Projections

That, on the recommendation of the Managing Director, Development and Compliance Services & Chief Building Official, the following actions be taken with respect to the 2019 Development Charges Study growth forecast:

a)         the staff report dated February 12, 2018, regarding the Growth Projections Sensitivity Analysis, BE RECEIVED for information;

b)         the updated final report prepared by Watson and Associates Economists entitled “City of London Population, Housing and Employment Growth Forecast Update, 2016 to 2044” included as Appendix “B” to the staff report dated February 12, 2018, BE RECEIVED for information; and

c)         the housing and non-residential reference growth scenarios outlined in the updated final report prepared by Watson and Associates Economists entitled “City of London Population, Housing and Employment Growth Forecast Update, 2016 to 2044” BE ENDORSED for use in the 2019 Development Charges Study.

Motion Passed

YEAS: M. Brown, M. van Holst, B. Armstrong, M. Salih, J. Helmer, M. Cassidy, P. Squire, J. Morgan, P. Hubert, A. Hopkins, V. Ridley, S. Turner, H.L. Usher (13)

5.

STAFF REPORT - 2019 Development Charges Background Study: Interim Financing for Growth Infrastructure Projects

That, on the recommendation of the Managing Director, Corporate Services and City Treasurer, Chief Financial Officer, the staff report dated February 12, 2018 regarding the use of the City’s working capital as an interim source of financing for growth infrastructure projects BE RECEIVED for information; it being noted that future interest costs will be borne by the Development Charges Reserve Funds.

Motion Passed

YEAS: M. Brown, M. van Holst, B. Armstrong, M. Salih, J. Helmer, M. Cassidy, P. Squire, J. Morgan, P. Hubert, A. Hopkins, V. Ridley, S. Turner, H.L. Usher (13)

III.

SCHEDULED ITEMS

None.

IV.

ITEMS FOR DIRECTION

None.

V.

DEFERRED MATTERS/ADDITIONAL BUSINESS

None.

VI.

CONFIDENTIAL

(See Confidential Appendix to the 3rd Report of the Strategic Priorities and Policy Committee enclosed for Members only.)

The Strategic Priorities and Policy Committee convened in camera from 4:24 PM to 5:01 PM after having passed a motion to do so, with respect to the following matter:

C-1

A matter pertaining to personal matters, including information regarding an identifiable individual, with respect to employment-related matters; advice or recommendations of officers and employees of the Corporation, including communications necessary for that purpose and for the purpose of providing instructions and directions to officers and employees of the Corporation; and advice subject to solicitor-client privilege, including communications necessary for that purpose.

VII.

ADJOURNMENT

The meeting adjourned at 5:02 PM.