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2010/01/25 (3)The City of Niagara Falls, Ontario Resolution No. 03 Moved by Councillor Fisher .Seconded by Councillor Maves January 25, 2010 WHEREAS the Community Adjustment Fund (hereinafter referred to as the "CAF"),was established to deliver economic development programs to support workers, businesses and communities in Southern Ontario; and WHEREAS the second intake of CAF was announced on December 15, 2009; and WHEREAS municipalities qualify to apply for the CAF; and WHEREAS $127.8 million has been committed to assist municipalities with a population of less than 250,000, with priority given to communities that have a population of less than 100,000 and are primarily supported by a single industry; and WHEREAS the CAF application deadline was January 18, 2010; and WHEREAS there have been no scheduled Council meetings during the intake period, yet staff did not want the Corporation to fail to make an application for the CAF; and WHEREAS staff has submitted the Warren Creek Channelization Project (hereinafter referred to as the "Project"), for CAF funding; and WHEREAS the Proj ect involves the construction of 2.12km of open channel watercourse, culverts and a storm water management facility designed to provide capacity and quality controls for post- development drainage flows generated from residential and commercial lands upstream; and WHEREAS the Proj ect will create construction j obs, up to 3,400 dwelling units and employment lands that will target 1,200 additional jobs; and WHEREAS staff feel that the Project meets the criteria under the CAF. THEREFORE BE IT RESOLVED that Niagara Falls City Council endorses and supports the submission of the Warren Creek Channelization Project for Intake Two of the Community Adjustment Fund. Carried Unanimously AND The Seal of the Corporation be hereto affixed. (./ ~~N IO A CITY CLERK R. T. (TED) SALCI MAYOR