ResolutionTHAT the City of Greater Sudbury supports use of the "Main Street Revitalization Initiative" funding for the completion of two murals as part of the Downtown Master Plan projects in the amount of $10,000, funding of the Town Centre CIP in the amount of $162,487 and the use of any unspent funds for public realm improvements identified in land use planning documents;
AND THAT the City of Greater Sudbury directs the Mayor and General Manager of Growth and Infrastructure to enter into a Municipal Funding Agreement with the Association of Municipalities of Ontario (AMO) for the "Main Street Revitalization Initiative";
AND THAT the funds received will be set aside in a separate obligatory reserve fund in accordance with the Municipal Funding Agreement all as set out in the report entitled “Ontario's Main Street Revitalization Initiative”, from the General Manager of Growth and Infrastructure, presented at the City Council meeting on June 12, 2018.
Relationship to the Strategic Plan / Health Impact Assessment
The City of Greater Sudbury, through Council's Corporate Strategic Plan (2015-2018) directs staff to "being to realize the Nodes and Corridors Strategy, ensuring the Downtown is better connected to revitalized Town Centres, other strategic commercial and core areas by allowing for mixed uses, connecting citizens across Greater Sudbury, while providing excellent public transit". The Main Street Revitalization Initiative has a similar goal of making investments in main street areas that will support and benfit small businesses.
Report SummaryThe Main Street Revitalization Initiative provides funds to municipalities for implementation of community improvement plans or projects identified in other land use planning documents which will help to attract residents and visitors to town centres and downtowns, supporting the business community. This report summarizes the Main Street Revitalization Initiative and seeks Council's approval of the projects under this program. Further, this report seeks direction to enter into a Municipal Funding Agreement with the Association of Municipalities of Ontario (AMO).
The City has been allocated $172,487.38 to undertake main street revitalization activities as identified through a Community Improvement Plan or other land use planning documents. The City is required to enter into a Municipal Funding Agreement to recieve the funds, which must be used between April 1, 2018 and March 31, 2020. The Municipal Funding Agreement requires the funds be deposited into a dedicate reserve fund or distinct interest bearing account. The earliest deadline for signing of the agreements and providing the related Municipal By-law is June 20, 2018.
Staff proposes to align administration of the funding with the existing framework for administration of the Town Centre Community Improvement Plan, thereby reducing administration burden.