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Waterloo Chronicle (Waterloo, On1868), 21 Feb 2007, p. 7

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Council will turn its attention to strategic plan Continued from page 1 ing arrangement, d‘Ailly‘s opinion is the city should live within its means. This decision doesn‘t mean the city has approved any additional debt above that though, said Simon Farâ€" brother, the city‘s chief administrative officer. "What council has done is to say one project that has debt associated with it has been brought from 2017 to 2012 and essentially that‘s it." This budget, meanwhile, reflects the fact the city has put the RIM Park financing scandal behind it, d‘Ailly said. "We‘re clearly on a solid financial footing now which is really good." The 10â€"year capital budget totals more than $312 million, and almost $61 million will be spent in 2007. Some of the capitalâ€"budget highâ€" lights include the joint library/recreâ€" ation complex on the city‘s west side, the eastâ€"side library, the eastâ€"side fire station and the uptown public square. One of its expenditures is a $20,000 staff event that will be held to celebrate the city‘s 150th anniversary. "Given that we have more than 600 employees, it‘s a very reasonable amount for a staff gathering," said d‘Ailly, who admits it looks like a big number. "That is money | believe is extreme ly well spent." Overall, he classifies this budget as "steady as you go." Council now will focus on developâ€" ing its strategic plan for the balance of its term, he said. "This budget is really to make sure our financial plan is sound and make sure we keep on a solid financial footâ€" ing so we can move forward." Continued from page 3 Citizens against sports fields this land is not The enviro affected if fiel cars are built other parks instead. Louise always be this land is instead. "Not every greenspace in the city should be for programming. There should be spaces that are there because they‘re greenspaces." John Brouwer said the problem with environmental assessments is they focus on a particular parcel of land. But this land is part of a bigger picâ€" ture â€" it‘s part of a natural corridor that runs along Laurel Creek into rural areas. "We have a unique opportunity to enhance and preserve that," he said of this area, which he sees as a legacy opportunity that should be embraced. The original costs far this project were estimated at $1.8 million, howevâ€" er, the addendum estimates it will total more than $3.4 million, including the construction of fields, amenities, mitiâ€" gation measures and additional enhancements on the reserve lands. Environmental mitigation costs â€" including landscaping and installing environmentally friendly field lighting â€" would total $810,000. Constructing standard sports fields, without such enhanced amenities as field and parking lighting, a storage facility and irrigation, would cost $1.9 million. environme 1 if fields a e built thei parks cor McLaren i need for s not suitable ren said there will for sports fields, but table for them. ental reserve will be and parking for 180 ‘te, she said, adding uld be retrofitted Continued from page 6 that would not be an appropriate use of the funds. "Really council made a decision in the budget to fund external agencies to the tune of $230,000. That‘s critically important. Funding issue set to return "And the responsible thing to do is live within that budget." The reserve is used to accommoâ€" date unexpected changes on either the revenue or expenditure side, he said. enc ‘amm an puath on o h sn t e paciomepren on ce i dvictn. 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FhBaHT $1280 eevient on EQuRN.ENT ThaDE Pheiant $1 250 $0 SECURITY DEPOSIT® "‘""m mmm"' $0 SECURITY DEPOSIT® +359 â€"2.5¢ + 3.0L V6 ENGINE OURATEC W/CVT . + AOOF RACK & raacnow Controu + co muaven wirk rrevaum + KEvPap ENTHY SOUuNnD PACAGE YOUR ONTARIO FORD DEALERS ARE GIVING YOU SPECIAL OFFERS® OR AND TO CELEBRATE THE GOOD NEWS 2007 FREESTYLE SEL FWD cniins Sunt n Oe 25 nuih ar nnmmens aqutre a camuns y 10 dn o uterdty Ausicysheb mds n h on ocms ht pocgtin i ces ariaet imenide . POD h aptnd foy Langs and 20 frtn 35 wlb ut 17 umm Wt t CS S Pad . WRC" e Sn ty i h vage on t $000 n 200 .150 190 pudage on o BBOD M y e concle t y w wl sefcn Dass uy t m o m Li We 500 INCLUDES DELIVERY ALLOWANCE & WITH AUTOMATNIC AND AIR * PERSONMAL SAFETY SYSTEM on rmOwSt wity _ Aasen rom 4 RLD MN”M * B ADAS 2 SEHLLING BRAKNTIY "The fund is also sometimes used if, during the course of the year, an unexâ€" pected project comes up that council would like to fund. It‘s a oneâ€"off type of fund." After much heated debate, Coun. Scott Witmer said there are clearly defiâ€" ciencies in the funding allocation process. "It‘s really so you don‘t have big flue tuations in taxes, for example. in _ External agency funding will come back before council on March 5. ces rrpy j rulleahet, 32 «2 2. M ENGNE * CDMP3 PLAMER W‘SFILS SATELLTE RADIO « FOG LAMPS * SECURL OCX®PMSSNE ANT. TMEFT SYSTEM « REMOTE KEVLESS ENTRY . + SZDE IMPMCT PROTECTNION SYSTEM * POWER WiNDOWSAOCKS/MEATED MRRORS "AUTOMOTIVE HERALD 500 2007 FUSION SE WITH AUTOMANC AND AIR â€"36% "O*" $25,399â€" o pagrty 20. P i imcvms 7006 . Aduncthe Putomance Gotcatn n Lapnd uty Th \anet mgores in C100 115. on whch ow mamner 200 Yar apetirem any ary Yit sinun som hn on @4 ainate has cony s MOMWAD rsins Cns t Mn Coms O We w J ow > 2: ugen an radunate o 3PB S ud c ‘I-”“"-M"‘-fl1fll-'~h nlere nay y n be Oe fati Pagrn ie uts is is (oiak A, P1 i 20. Ond Oe (ge+ wus 20ot ruon WATERLOO CHRONICLE + Wednesday, February 21, 2007 * 7 * 40L SOHC v6 ENGNE * ANTH.OCKX BRAKES/TRACTNION + ReMOTe KEevLess Entay comTaqt. » uMOuE PoktY GRLE + 6 Chaes puaven wity 8 SPEACERS . + FDG LAMPS + 17" PAMTED CAST + PoweR WRDOWSA OOGA@RRORS . ALUMMLM WERLS + Miâ€"SEASON + sECuRrLOGr ATâ€" THEFT SYSTEM . TRES WTW TWâ€"aaR Pomy CaPs . srus SATELLTE RADiG® + PonY FRONT FENDE® RADGES SPECIAL OFFERAR® 2007 MUSTANG V6 WITH PONY PACKAGE Who‘s in charge? What‘s your strategy? Â¥ PACKAGE OUSCOUNT ( Earle@JEarieMcCormick.com www JEarleMcCormick.com When calamity strikes... J. Earle McCormick Financial Strategist 519 725 4505 o+z 2o

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