Recommendation: That the following actions
be taken with respect to Celebrating the Thames River, a community
initiative:
a) the
London Community Foundation (LCF) BE THANKED for taking a leadership
role, in bringing this proposal forward;
b) the
LCF’s request for funding, in the amount of $50,000, for the costs relating
to the development of a project strategy for the above-noted initiative, BE
APPROVED from the appropriate economic development fund;
c) the
proposal to initiate international design competition and development
strategy for the Forks of the Thames River, emanating to Oxford Street,
Wharncliffe Road and Adelaide Street, and focusing on the Old Victoria
Hospital River Promenade and Four Corners Area BE ENDORSED IN PRINCIPLE,
subject to the development of a Terms of Reference for the project which would
address the following:
i) the
role of the LCF and other potential partners to fund the long term
development strategy and its component projects;
ii) the
role of the City of London in funding the long-term development strategy and
its component projects;
iii) the
use of existing municipal studies and plans that relate to the various
portions of the river corridor under consideration;
iv) the
role of the City of London as a member of the study/steering team to provide
clear environmental and design parameters to be incorporated into the call
for design proposals; and,
v) the
role of the City of London as a member of the competition jury;
it being noted that the Investment and
Economic Prosperity Committee heard a verbal delegation and received the attached
revised presentation from Martha Powell, President and CEO and Fred Galloway,
Board Vice Chair and Chair of Strategic Visioning Committee, London Community
Foundation, with respect to this matter.
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