Corporate Services Committee

That consent items 2.1 to 2.4, BE APPROVED.

That, on the recommendation of the Deputy City Manager, Finance Supports, the City of London’s Credit Rating Report, providing a summary of Moody’s Investors Service Credit Opinion of the City of London, BE RECEIVED for information.

That, on the recommendation of the Deputy City Manager, Finance Supports, the report dated October 3, 2023, with respect to the 2023 Mid- Year Operating Budget Monitoring Report, BE RECEIVED; it being noted that the year-end positions could fluctuate based on factors beyond the control of the Civic Administration:  Property Tax Supported Budget projected surplus of $18.0 million;  Water Rate Supported Budget projected surplus of $5.5 million;  Wastewater and Treatment Rate Supported Budget projected surplus of $3.7 million; it being further noted that Property Tax, Water, and Wastewater & Treatment Budget surplus will be allocated in accordance with the Council Approved Surplus/Deficit Policy.

That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to the 2023 Mid-Year Capital Budget Monitoring Report: a) the 2023 Mid-Year Capital Budget Monitoring Report BE RECEIVED for information, it being noted that the life-to-date capital budget represents $3.4 billion with $1.9 billion committed and $1.5 billion uncommitted; it being further noted that the City Treasurer, or designate, will undertake the housekeeping budget adjustments identified in the Report, in accordance with the Multi-Year Budget Policy adopted by amending by- law No. CPOL.-45(b)-239; b) the completed capital projects, totaling $3.4 million of net surplus funding, included in Appendix “B” as appended to the staff report dated October 3, 2023, BE CLOSED; c) the funding associated with the rate supported capital projects approved for closure in b) be discharged as follows: i) pay-as-you-go funding of $15 thousand BE TRANSFERRED from capital receipts; ii) authorized debt financing of $2 thousand BE RELEASED resulting in a reduction of authorized, but unissued debt; iii) uncommitted reserve fund drawdowns of $169 thousand BE RELEASED back into the reserve funds which originally funded the projects; d) the funding associated with the non-rate supported capital projects approved for closure in b) be discharged as follows: i) uncommitted reserve fund drawdowns of $2.5 million BE RELEASED back into the reserve funds which originally funded the projec

That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to the new fibre network service installation required for the new Fire Station No. 15 at 2340 Old Victoria Road: a) approval BE GIVEN to execute a Single Source purchase as per section 14.4 (d) and (e) of the City of London’s Procurement of Goods and Services Policy; b) Single Source negotiated price BE ACCEPTED to secure the installation of the new fibre network service required for the operation of the new Fire Station No. 15 for a total price of $113,850.00 (excluding HST) from Rogers Communications Canada Inc.; c) the Civic Administration BE AUTHORIZED to undertake all the administrative acts that are necessary in connection with this purchase; d) approval hereby given BE CONDITIONAL upon the Corporation entering into a formal contract or having a purchase order, or contract record relating to the subject matter of this approval in accordance with Sections 14.4(d)(e) and 14.5(a)(ii) of the Procurement of Goods and Services Policy; and e) the funding for this purchase BE APPROVED as set out in the Source of Financing Report as appended to the staff report dated October 3, 2023 as Appendix "A".

That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken: a) the report providing additional information on the proposed Budweiser Gardens Expansion BE RECEIVED for information; b) the proposed by-law as appended to the staff report dated October 3, 2023 as Appendix “A” BE INTRODUCED at the Municipal Council meeting on October 17, 2023 to execute the proposed amending agreement to the Participatory Occupancy Lease (Schedule “A”) related to the Budweiser Gardens Expansion project; c) the source of financing for the proposed expansion BE APPROVED as set out in the Source of Financing Report as appended to the staff report as Appendix “B”; and d) the Civic Administration BE DIRECTED to confirm concurrence in writing for the contract extension with Ovations Food Services, L.P.; it being noted that the attached questions were submitted by Councillor S. Trosow.

That based on the application dated September 18, 2023 from the Canadian Centre for Women's Empowerment, the request BE RECEIVED.

That based on the application dated September 29, 2023 from the Federation of Canadian Turkish Associations, October 29, 2023 BE PROCLAIMED Turkish Republic Day.

That the Corporate Services Committee convenes In Closed Session to consider the following: 6.1 Land Acquisition/Disposition / Solicitor-Client Privileged Advice / Position, Plan, Procedure, Criteria or Instruction to be Applied to Any Negotiations A matter pertaining to the proposed or pending lease of office space by the municipality, including communications necessary for that purpose; advice that is subject to solicitor-client privilege; commercial and financial information, that belongs to the municipality and has monetary value or potential monetary value and a position, plan, procedure, criteria or instruction to be applied to any negotiations carried on or to be carried on by or on behalf of the municipality.