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02/10/2015 (2) I® I yy ciTYDFe CANADA `-N14G4RA F� �� The City of Niagara Falls, Ontario Resolution February 10, 2015 No. 5 Moved by Councillor Pietrangelo Seconded by Councillor Strange WHEREAS the Investing in Regional Diversification (IRD) program, through FedDev Ontario is a program that supports the long-term development of stronger, more diverse economies in southern Ontario communities; and WHEREAS IRD leverages unique regional assets and local expertise to attract new investment and opportunities for economic growth and development; and WHEREAS the upcoming intake of the IRD is expected to target investment in more economic-development related projects; and WHEREAS Niagara Falls City Council's Strategic Priorities include economic vitality. growth and prosperity. THEREFORE BE IT RESOLVED that Niagara Falls City Council authorize staff to submit an application to the Investing in Regional Diversification (IRD) program, through FedDev Ontario, related to economic development initiatives in the municipality; and FURTHER BE IT RESOLVED that Niagara Falls City Council authorize staff to investigate possible partnerships related to the Investing in Regional Diversification (IRD) program. Carried Unanimously AND The Seal of the Corporation be hereto affixed. /2/Oma D A IORFIDA JAMES M. DIODATI CITY CLERK MAYOR