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The City of Niagara Falls, Ontario
Resolution
June 13, 2011
No. 29
Moved by Councillor Wing
Seconded by Councillor Ioannoni
WHEREAS in May 2011, PPP (Public- Private Partnerships) Canada announced the third intake of the
P3 Canada Fund; and
WHEREAS the P3 Canada Fund was created to improve the delivery of public infrastructure and
provide better value, timeliness and accountability by increasing the effective use of public - private
partnerships; and
WHEREAS the $1.2 billion P3 Canada Fund contribution to a given P3 project will not exceed
25% of the project's eligible costs; and
WHEREAS to be eligible for a P3 Canada Fund estment, the infrastructure project must be supported
by the public authority, with an application deadline of June 30, 2011.
THEREFORE BE IT RESOLVED that the Corporation of the City of Niagara Falls submits the
Sylvia Place Market and Bus Terminal as a project for consideration under the P3 Canada Fund.
Carried Unanimously
AND The Seal of the Corporation be hereto affixed.
DEAN IOR A JAMES M. DIODATI
CITY CLERK MAYOR