I.

DISCLOSURES OF PECUNIARY INTEREST

1.

That it BE NOTED that no pecuniary interests were disclosed.

II.

CONSENT ITEMS

2.

4th Report of the London Diversity & Race Relations Advisory Committee

Recommendation:  That the 4th Report of the London Diversity & Race Relations Advisory Committee from its meeting held on March 22, 2012, BE RECEIVED.

III.

SCHEDULED ITEMS

3.

Creation of a Separate Eldon House Board

Recommendation:  That, on the recommendation of the City Treasurer, Chief Financial Officer, the following actions be taken with regard to the creation of a separate Eldon House Municipal Service Board:

a)         the attached revised proposed by-law BE INTRODUCED at the Municipal Council meeting to be held on May 22, 2012 to establish the Eldon House Municipal Services Board;

b)         the Transition Plan to put the Eldon House Municipal Service Board in place by December 31, 2012, BE APPROVED as outlined in the associated staff report, dated March 5, 2012; and

c)         the financing for the Transition Plan BE APPROVED in accordance with the Sources of Financing Report provided as Appendix ‘B’ to the associated staff report, dated March 5, 2012;

it being noted that the Investment and Economic Prosperity Committee reviewed and received the attached communication from M. Lake Collins with respect to this matter;

it being pointed out that at the public participation meeting associated with this matter, the following individuals made an oral submission in connection therein:

• Roxanne Lutz – indicating that she has volunteered at Eldon House for 2 ½ years and is excited and supportive of the proposal to create a separate Eldon House Municipal Services Board.
• Nancy Poole – indicating support of the proposal to create a separate Eldon House Municipal Services Board.

4.

London Convention Centre Corporation

Recommendation:  That, notwithstanding the recommendation of the City Clerk, with the concurrence of the City Treasurer, Chief Financial Officer, the attached proposed by-law (Appendix “A”) to repeal By-law A.-5357-298 entitled “A by-law respecting the London Convention Centre Corporation” and replace it with a new by-law BE REFERRED to a future meeting of the Investment and Economic Prosperity Committee, in order to provide the Board of Directors of the London Convention Centre Corporation with an opportunity to further review the proposed by-law and provide further comment; it being pointed out that at the public participation meeting associated with this matter, Lori Da Silva, Executive Director of the London Convention Centre (LCC), responded to questions of the Committee and requested that the proposed by-law be referred to a future meeting of the Investment and Economic Prosperity Committee for consideration, in order to provide the LCC with a further opportunity to review the proposed by-law and submit comments.

5.

Establishing the Economic Baseline

Recommendation:  That the attached revised presentations entitled “Establish the Economic Baseline” and “London’s Prosperity Plan 2013-2023” BE RECEIVED; it being noted that the Investment and Economic Prosperity Committee heard a verbal presentation from the City Treasurer, Chief Financial Officer, the Director of Planning and City Planner and the President & CEO, London Economic Development Corporation with respect to these matters.

6.

Communications and Engagement Plan

Recommendation:  That the presentation entitled “Communications and Engagement Plan” and the attached document entitled “London’s Prosperity Plan” BE RECEIVED; it being noted that the Investment and Economic Prosperity Committee heard a verbal presentation from the Director of Corporate Communications with respect to these matters.

IV.

ITEMS FOR DIRECTION

V.

DEFERRED MATTERS/ADDITIONAL BUSINESS

VI.

CONFIDENTIAL

(Confidential Appendix enclosed for Members only.)

The Investment and Economic Prosperity Committee convened in camera from 5:35 PM to 6:05 PM after having passed a motion to do so, with respect to the following matter:

C-1.

A matter pertaining to advice that is subject to solicitor-client privilege, including communications necessary for that purpose, regarding confidentiality in relation to economic development services.

VII.

ADJOURNMENT

The meeting adjourned at 6:06 PM.