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230125 BIA Board of Management Agenda 1 AGENDA – OPEN SESSION Board Meeting of Wednesday, January 25th, 2023 IN PERSON at 164 Broadway & ZOOM live stream teleconference Time: 7:30 AM – 9:30 AM Join Zoom Meeting - https://us02web.zoom.us/j/4147170612 Meeting ID: 414 717 0612 One tap mobile: +16473744685,,4147170612# Canada +16475580588,,4147170612# Canada CALL TO ORDER: Time: _____ AM QUORUM: Count members present Staff present: To be noted 1. ADOPTION OF THE AGENDA: The agenda was posted on January 21st, 2023, at the BIA offices as well as on the DTBIA social media channels. MOTION Moved by: _____________________ Seconded by: ________________________ “And resolved that the agenda, as prepared for the DTBIA Board of Management meeting of January 25th, 2024; hereby be adopted”. 2. DISCLOSURE OF PECUNIARY INTEREST AND THE GENERAL NATURE THEREOF: 3. ADOPTION OF THE MINUTES: from the board meeting of October 26th, 2022: Moved by: _____________________ Seconded by: ________________________ “And resolved that the minutes, as prepared for the DTBIA Board of Management meetings of October 26th, 2022; hereby be adopted”. 4. DELEGATION(S): (15 minutes) a) Tillsonburg Legion – Veteran’s Banner Ad-Hoc Committee to present the concepts for a Tillsonburg banner program. 2 5. MOVE INTO CLOSED SESSION FOR THE PURPOSE OF DISCUSSING HUMAN RESOURCE MATTERS INCLUDING IDENTIFIABLE INDIVIDUALS, TRAINING OF THE BOARD OF MANAGEMENT and MATTERS SUBJECT TO ANOTHER PROVINCIAL STATUTE – CONFIDENTIALITY AS A RESULT OF A CONTRACTUAL OBLIGATION: i. Board report to discuss team member performance and recommendations for the Event’s & Marketing Co-ordinator. ii. HRP4B – Katherine Englander to provide training/coaching of all relevant Ontario/Federal policies that need to be considered for implementation of policy and management of DTBIA team members – Human Resources including sign-off on training. iii. Receive a report subject to a non-disclosure agreement, NDA, hotel feasibility study. MOTION Moved by: _____________________ Seconded by: ________________________ “and resolved the Board of Management of the DTBIA move into closed session for the purposes of discussing human resource matters including identifiable individuals”. 6. MOVE INTO OPEN SESSION: ______ A.M. 7. BOARD ELECTIONS: Nominations will be taken from the floor for the following elected positions each for a 1-year term: a. Chair: i. The Chair facilitates the meetings and works with the DTBIA leadership team to ensure operations and governance of the organization are smooth, effective, and compliant with the constitution, by-laws, and policies of the organization. ii. Also charged with the responsibility of signing official documents of the organization including effecting of financial instruments to include payments, loan documentation, and contracts, (where required/applicable). b. Vice-Chair: i. The Vice-Chair fulfills the mandate of the Board Chair when absent while also providing supports to the Chair as per the descriptions immediately preceding point “a” above. 3 ii. Always supports the Chair and Executive and administrative team as required. c. Secretary: i. Provides support to the records management, minutes, and all official documentation for the organization. ii. Reviews the minutes for meetings prior to being published/considered by the Board. iii. Makes recommendations and provides oversight to the administrative functions of the organization to ensure compliance with all policies and procedures including the constitution – usually related to all matters that are non-financial in nature. iv. Completes research and makes recommendations to the DTBIA Executive regarding improvements to the constitution and by-laws. v. And any other matters as directed by the board and/or executive team. d. Treasurer: i. Works with the DTBIA team on financial stewardship and processes to aid in effective management of transactions in the organization. ii. Acts as one of the authorized signing agents to effect financial instruments such as cheques. iii. Assists with preparations of year-end. iv. Any other items as directed by the full board of management from time to time. 8. INFORMATION ITEMS: a. A copy of the approved 2023 adjusted MOU dated January 16th, 2023, is attached as information and review of the board. b. A copy of the revised 10-year budget & capital plan is attached as information modified post town council meeting of Monday, January 16th, 2023. c. A copy of the resignation letter from Board Member Marcel Rosehart dated January 3rd, 2023. 9. ROUND TABLE: Open discussion. 10. NEXT MEETINGS/PLANNED DATES: a) Regular board meeting – Wednesday, February 22nd 2023 – 7:30 a.m. b) HR Committee – TBD. c) Marketing & Promotions Sub-Committee – TBD. d) Beautifications Sub-Committee: February 10th, 2023, 10:00 am – DTBIA offices. 4 11. MOTION TO ADJOURN: Time of adjournment:_____ a.m. MOTION Moved by: _____________________ Seconded by: ________________________ “and resolved that the DTBIA Board of Management meeting of Wednesday, January 25th, 2023, hereby be adjourned. 1 MINUTES – OPEN SESSION Board Meeting of Wednesday, October 26th, 2022 IN PERSON at 164 Broadway & ZOOM live stream teleconference Time: 7:30 AM – 9:30 AM CALL TO ORDER: Time: 7:34 AM QUORUM: 8/11 members present Councillor Gilvesy, C. Tomico, M. Van Geertruyde, B. Thompson, M. Rosehart, M. Tedesco, W. Cameron Staff present: To be noted Members absent: D. Rasokas, E. Odorjan, B. Cressman 1. ADOPTION OF THE AGENDA: The agenda was posted on October 21st, 2022, at the BIA offices as well as on the DTBIA social media channels. MOTION Moved by: M. Van Geertruyde Seconded by: D. Gilvesy “And resolved that the agenda, as prepared for the DTBIA Board of Management meeting of October 26th, 2022; hereby be adopted”. 2. DISCLOSURE OF PECUNIARY INTEREST AND THE GENERAL NATURE THEREOF: NONE DECLARED 3. ADOPTION OF THE MINUTES: from the board meeting of September 28th, 2022: Moved by: M. Rosehart Seconded by: D. Gilvesy “And resolved that the minutes, as prepared for the DTBIA Board of Management meetings of September 28th, 2022; hereby be adopted”. “CARRIED” 2 4. DELEGATION(S): a) John Veldman of BMI Group: to present and discuss the Station View development proposal on the block bordered by Venison, Bidwell, Rolph & Bridge Streets in downtown Tillsonburg. There were many comments made with all being in support of the initiative. MOTION Moved by: M. Tedesco Seconded by: M. Van Geertrudye “And resolved that the Board of Management of the DTBIA hereby supports the BMI Group proposal, (Station-View), including consideration of an increased number of storeys (building height + density) and further, supports the creation of a task force and/or working group for the possibility of creating a woonerf streetscape the on the Bridge Street corridor”. “CARRIED” There was a discussion about the selection of three BIA representatives to the Bridge Street Reimagination Task Force. The Board Chair indicated there would be overlap with the ECDEV Committee and to leave his name out for the time being. Board Members Bossy and Tedesco offered to participate, Bossy indicating not as a finance person. Board Members Bossy also suggested that the ED be one of the three representatives given the BIA represents all the downtown businesses. This was noted as staff direction only. 5. MOVE INTO CLOSED SESSION FOR THE PURPOSE OF DISCUSSING HUMAN RESOUCE MATTERS INCLUDING IDENTIFIABLE INDIVIDUALS: i. Board report to recommend a candidate to fill the vacant EMC position. MOTION Moved by: M. Bossy Seconded by: M. Van Geertruyde “and resolved the Board of Management of the DTBIA move into closed session for the purposes of discussing human resource matters including identifiable individuals”. 6. MOVE INTO OPEN SESSION: 8:35 a.m. 3 7. EVENTS & MARKETING UPDATE: Marketing activities have been scaled back due to the vacancy in the EMC position. The following activities and tactics have been completed during the previous period: ▪ Assist the MSC with the Job Fair – this was an opportunity to showcase the DTBIA. All job fair participants received a shopping bag with goodies from the downtown. ▪ Distribute the new DTBIA shopping bags – lots of positive feedback on these. ▪ Preparing for annual BIA awards to celebrate accomplishments of the membership. ▪ Meetings with Rogers Radio on the 2023 marketing plan: Return to the airwaves pending final approval of the contra-agreement. ▪ Visited with 20+ members to review their business results and marketing plans: to gain feedback and understanding of current results for action where possible. ▪ Social media posts continue with relevant content: The pipeline was filled with automation to ensure there were stories, events, and activities for the public and members to be engaged with. There were no action items requested by the Board. 8. FINANCIAL REPORT: The bank balances for our accounts are as follows: Summary of funds on deposit: CIBC Account: September 2022 Chequing account $79,545.28 Savings account $28,157.66 Totals: $107,702.94 Summary of September 2022 and YTD financial results: September 2022 revenues include the quarterly payment from the Town of Tillsonburg in the amount of $50,071.91. The monthly MOU payment of $2,544.53 was also received. Net profit for the month of September was = +$25,089.49. YTD there is a net loss of $32,090 which is not adjusted for FIP expenses that total $63,476.63. Removing these FIP expenses and allocating them from the reserve; leaves a YTD loss of $7,944.37. There are several outstanding revenue items to be posted before year- end + the final quarter of the year is typically heavier on income with lower program expenses. There are reduced labour expenses in months of November and December due to less on-street activities + the DTBIA offices are closed for the holiday period between December 24th at 12 noon until Tuesday, January 3rd, 2023. There are no unforeseen negative financial impacts to date. There is one ERRP loan that may not be recoverable. See below. There are timing issues of receivables + payments from government agencies that will affect cash-flows as has been the case historically including 2022 financial results. 4 Due to DTBIA: (affects YTD, reserve balances + balance of year through Oct/Nov/Dec) ▪ Government of Canada – final installment of SJS funding: $4,055 ▪ Multi-Service Centre – reimbursements of wage subsidies for 4 part-time team members: $2,033 (current) ▪ Government of Canada – 2022 HST public sector rebate - $11,000 to date plus HST to be spent in Q4/2022. ▪ Insurance receivable through INTACT Public Entities: $10,000 (from 2021) ▪ Sponsorship revenues: $10,200 (invoiced in October) ▪ Ticket sales: $600 (to be credited in October/November ▪ Emergency Rent Relief outstanding: $4,033 - of this, one may be uncollectable as the store has closed +contact with the owner has been futile - $740. Other updates: The Bank of Canada released CPI results that show prices continuing to rise at 6.9%. The ED reminds the board that we have taken inflationary pressures into account for the 2023 budget and business plans. There were no action items from the Board. 9. FAÇADE IMPROVEMENT PROGRAM: FIP efforts are moving forward with integration of public art into façade improvement projects where + when possible. Please see the attached renderings that have been completed for the 77 Broadway building, (south- facing wall). David Frei has been busy working with the building ownership team on several renderings for potential tenants given the importance of this corner being so prominent in the community. See attachments to the agenda. The Board Chair commented about background information about some existing projects and asked about the former BIA office buildings and the façade or public art discussions for that building. David Frei has been directed to work with the 77 Broadway property as per the FIP Committee. Those renderings will be sent via e-mail to the board as a confidential FYI. The Board reviewed the public art drawings that were printed and circulated at today’s meeting. The Board Chair commented that the renderings may not be suitable for a multi-tenanted building. 10. HUMAN RESOURCES: The HR Committee has a recommendation following the completion of the search for a new Events + Marketing Co-ordinator. This item was discussed in closed session + carries forward into an actionable item in open session. The following motion is prepared for consideration by the board of management as follows: MOTION Moved by: W. Cameron Seconded by: M. Tedesco 5 “and resolved that the Board of Management of the DTBIA hereby adopts the recommendations of the HR Committee contained in Committee/Board Report HRC- 10-01-22”. “CARRIED” 11. RETAIL & BUSINESS STATUS UPDATE as of October 22nd, 2022: The ED provides the following update on business activities for FY 2022 as follows: New businesses opened in 2022: (4) INS Manpower, Popeye’s, Starbucks, Bar Burrito, Namu Sushi Business closures in 2022: (5) CRE Insurance, Mobile Links, Stonebridge – consolidated office with MSC, Rogers Radio, Boss Leaf Businesses relocated 2022: (3) No Dice Games/Realm Walker, INS Manpower, Knock-Out Fashions Business expansion 2022: (2) No Dice Games & Tillsonburg Hobby Central Businesses under construction 2022: (0) New businesses in the pipeline for 2022: (7) In various stages. Businesses with ownership changes 2022: (0) Business enquiries 2022: (21) various, ongoing. Businesses temporarily closed: (0) Businesses – other 2022: (3) The ED commented that there appears to be a slowdown occurring given the economic challenges including the interest rate environment. 12. 2023 MEMORANDUM BETWEEN THE DTBIA AND TOWN OF TILLSONBURG: Town staff have meet with the team + have agreed on the principles of the request for MOU funding in the amount of $40,680 for the 2023 fiscal year. The ED + board members will attend the new council budget meetings early in 2023 to present our request as part of the entire budget + business plan process. The draft copy of the MOU with the Town of Tillsonburg is attached for review by the board. The ED has also attached a summary table with the historical sections + amounts received by the town in prior years. There was a lengthy discussion about changing the summary break-outs to better reflect the maintenance activities. The ED will revise the document forthwith. 13. DOWNTOWN ECONOMICS/TRACKING METRICS: Please refer to the attached SCORECARD presented for review and comment of the board. Areas of concern + focus are identified. Team performance issues are related to the new students which came on board in September post Labour Day holiday weekend. There were no action items from the Board. 6 14. 2022 BEAUTIFICATIONS/OPERATIONS: The ED continues to meet with all stakeholders on the ongoing management of the on-street assets. The ED has confirmed that Christine Nagy will perform the duties as volunteer Director of Beautifications for the DTBIA effective immediately (September 1st, 2022). The ED and Beautifications Director met on October 19th to review the plan for the balance of year. A new Beautifications Committee will be constituted upon the new term of council. The summer pots have been fully transitioned to the fall theme as planned. The ambassador street team have been picking up the remaining pots + will have these stored for the winter season. A full year beautification plan will be presented to the new board at the January 2023 meeting. The Board wants the winter greenery/Christmas urns completed before the Santa Claus parade, which is being held on Saturday, November 19th. The ED has contacted Christine Nagy of the Tillsonburg Horticultural Society today to confirm that this will be done. 15. TRUCK SPONSORSHIP UPDATE/REPORT: The attached report is provided as information to the board. We will exceed our planned revenues from the truck advertising sponsorship given the interest + demand which continues. There are still open sponsorship activities being discussed with interested parties. 16. ANNUAL GENERAL MEETING PLANNING/ORGANIZATION: The team is preparing for the next AGM to be held on Wednesday, November 23rd at the Tillsonburg Legion. The format will follow previous years + includes a full dinner + business meeting. The board confirmed that this date will be held as scheduled. 17. 2023 BUDGET & BUSINESS PLANS – NEXT STEPS: The board approved the 2023 Budget & Business Plans at the September 28th, 2022, meeting. The next step in the process is to present the full plan to the membership at the AGM on November 23rd. Once ratified by the membership; our budget will then be presented to the new Town Council early in 2023 for consideration, discussion + subsequent approval. There were no comments. 18. ROUND TABLE: Various comments made with no action items being recorded. 19. NEXT MEETINGS/PLANNED DATES: 7 a) AGM planning meeting – Wednesday, November 16th, 2022 – DTBIA boardroom was confirmed. b) There is no regular board meeting in November. c) Annual General meeting – Wednesday, November 23rd, 2022 – Tillsonburg Legion – reception and cocktails from 5 – 6 pm followed by a sit-down dinner at 6 pm followed by a business meeting which commences at 6:45 pm. d) HR Committee – no meeting established. e) Marketing & Promotions Sub-Committee – no meeting to be established until after the EMC commences work on October 31st, 2022. f) TDCC Business After 5: November 17th at Tillsonburg Garden Gate + December 8th at Flooring Canada – Tillson Ave. 20. MOTION TO ADJOURN: Time of adjournment: 9:52 a.m. MOTION Moved by: M. Bossy Seconded by: W. Cameron “and resolved that the DTBIA Board of Management meeting of Wednesday, October 26th, 2022, hereby be adjourned”. “CARRIED” Page 1 of 7 2023 MEMORANDUM OF UNDERSTANDING BETWEEN THE DOWNTOWN TILLSONBURG BUSINESS IMPROVEMENT AREA + THE CORPORATION OF THE TOWN OF TILLSONBURG 1.0 STATEMENT OF INTENT: The Town of Tillsonburg (Town); representing the community at large, and the Downtown Business Improvement Area (BIA); representing the service, industrial, institutional and commercial community in the Downtown Core enter into this Memorandum of Understanding to establish a working partnership/relationship to further enhance that goal. For other services provided including the installation and removal of Christmas lights; banners; and other goods and services - the BIA will initiate separate agreements with the 3rd party – i.e. installation & removal of Christmas lights and seasonal banners. 2.0 GUIDING PRINCIPLES: The following guiding principles will direct the deliberations of the Town and BIA in achieving that goal. 2.1 Assist business entrepreneurs to establish and thrive in the Core on an ongoing basis. 2.2 Provide through the Town’s Economic Growth Strategy a framework for growth, management and development. 2.3 Initiate improvement projects that will enhance the Community profile of the Core. 2.4 Provide financial incentives and technical resource assistance as requested and/or needed. 2.5 Encourage and support the BIA management board and staff in their endeavours. 2.6 Promote and raise the profile of the Core in surrounding communities as the place to visit and shop. 2.7 Develop plans for continuous improvement of all capital assets and beautifications. 2.8 Coordinate annual operating and capital plans between the parties, where feasible and practical. 2.9 Develop communication protocols and procedures to enhance the effectiveness of BIA operations in the Downtown Core. 2.10 Provide for the annual review of by-laws to ensure consistency between Town and BIA strategic objectives. 2.11 BIA and Town to review and agree upon capital projects prior to the Town’s budget approval by Town Council. Page 2 of 7 3.0 MANDATES: BIA: The BIA as set out in the Municipal Act, has been established to promote (a) the Core as the major business and shopping area of the Town and (b) the improvement, beautification and maintenance of municipally owned land, buildings, and structures in the area beyond that provided (incremental to) the expense of the municipality. TOWN: The Town of Tillsonburg, as set out in the Official Plan, is obligated to maintain, develop, and create a strong, healthy, and vibrant Downtown Core consistent with the Corporate strategic plan and best practices as demonstrated by similar towns & cities in Canada. 4.0 CONDITIONS PRECEDENT: The parties agree to the following conditions: 4.1 Capital projects of a minor nature as set out above will be the responsibility of the BIA to fund under separate levy subject to a business plan being presented to Council that includes the ongoing operating costs associated therewith. A list of project assets to date is provided in Appendix A. 4.2 Operating costs between the parties will be in accordance with the approved schedule attached as Appendix B. 4.3 Any additional charges or costs other than those contained in this agreement must be agreed to by the parties prior to procurement and/or issuance of a purchase order. 4.4 INSURANCE: The Town of Tillsonburg will allow the BIA to insure the BIA vehicle(s) and offices under a rider in the town’s existing insurance policy with INTACT Public Entities. The town will invoice the BIA for that portion of the insurance cost(s) applicable to the BIA. The BIA agrees to pay for the insurance premium amounts for this coverage. 4.5 The payment for services provided by the BIA under this MOU and paid for by the Town are to be billed in twelve (12) equal installments Paid by EFT to the DTBIA bank account as provided. 5.0 AMENDMENTS: Amendments to the agreement will require the mutual consent of the parties but will otherwise be considered at the annual review meeting to take place in September of each year. The BIA Board of Management and Town Council must approve all proposed amendments. 6.0 TERMS OF THE AGREEMENT: 6.1 The agreement will be reviewed annually and will be in effect from the commencement date of January 1st, 2023, to December 31st, 2023. 6.2 The annual review will take place in September of each year and prior to the approval of the Town and BIA budgets for the upcoming fiscal year. Page 3 of 7 Note: There are inflationary adjustments applied to specific categories to reflect cost pressures partially offset by efficiency improvements. There are also adjustments to reflect increased transients; higher incidence of dumped garbage; increased waste collection in existing waste containers; managing sharps (needles); management and/or removal of temporary homeless persons encampments; management of shopping carts on town property etc. There is a further adjustment to the scope of work with respect to the ground-level maintenance of the Clock Tower area, (excluding the building), whereas the gardens will be rehabilitated and new plantings installed & the DTBIA will perform all daily maintenance tasks including weed control, etc. DOWNTOWN TILLSONBURG BUSINESS IMPROVEMENT AREA (BIA) __________________________ __________________ By: Date: THE CORPORATION OF THE TOWN OF TILLSONBURG __________________________ __________________ By: Date: __________________________ __________________ By: Date: APPENDIX A: BIA ASSETS 1.0 STREET FURNITURE: 1.1 Benches – cast iron and wood slat construction - 29 1.2 Glass top tables (36” x 36”) – 34 1.3 Glass top side tables (20” x 20”) – 15 1.4 Round steel slat tables - 24 1.5 Black aluminum chairs – 160 1.6 Nylon brown chairs - 60 1.7 Hexagon picnic tables – 2 (1 one was discarded due to damage) 1.8 Round black slat aluminum tables – 20 1.9 Patio heaters – 12 (additional 12 on order) 1.10 Nylon black chairs - 20 Page 4 of 7 2.0 SMOKING CONTROL: 2.1 Butt stop – stand alone unit – 15 (2 discarded due to damage) 2.2 Butt stop – wall mount – 5 3.0 POTS & PLANTERS: 3.1 Narrow/tall single planter - 38 3.2 Large brown pots – 30 3.3 Medium brown pots - 20 3.4 Square planters - 3 4.0 GARBAGE CONTAINERS: 4.1 Black steel double unit – 11 4.2 Barrel style with red lid – 1 4.3 Bonnet style with black lid - 1 4.4 Rubbermaid – round style with lid – 2 4.5 Rubbermaid – square with lid – 2 4.6 Rubbermaid – square with recycling lid – 1 5.0 SHADE STRUCTURE & SUPPORTS: 5.1 7’ umbrella – 66 5.2 9’ umbrella – 11 5.3 Umbrella bases – large – 60 5.4 Umbrella bases – small – 24 6.0 OFFICE EQUIPMENT: 6.1 IT – laptop computers – 1 6.2 IT – desktop computers – 2 6.3 IT – colour printers – 3 6.4 IT – iPhones – 2 6.5 IT – label maker – 1 6.6 Furniture – tables – 9 6.7 Furniture – office chairs – 12 6.8 Office miscellaneous – 23 7.0 STREETSCAPE IMPROVEMENTS: 7.1 Broadway node reconstruction circa 2004: 7.1.1 Interlocking stone-works 7.1.2 Cast iron tree grates 7.1.3 Trees 7.1.4 Accessible ramps 7.1.5 Tree guards 7.1.6 Power outlets 7.2 Heritage LED light fixtures circa December 2018: 7.2.1 Contribution to capital cost for procurement differential: ($114,000 comprised of 70 fixtures) Page 5 of 7 8.0 ELECTRONIC BULLETIN BOARDS & DISPLAYS 8.1 EBB at Venison & Broadway 8.2 EBB at Mineral Springs 8.3 Focal point sign – John Pound Road by Mill Tales Inn 8.4 LG 47WB 50BRB-B flat panel HD TV (1 each) 9.0 POP-UP PATIO & PATIO HEATERS 9.1 Patio heaters (12) 9.2 Wood panels, cross-beams 9.3 Concrete post bases/block 10.0 VEHICLES: 10.1 2022 Chevrolet Silverado Custom (leased from GMAC Canada) 10.2 2021 – 16’ Miska – landscaping utility trailer Page 6 of 7 APPENDIX B: COST OF SERVICES – OPERATING & CAPITAL – 2023 OPERATING YEAR 1.0 COURTESY BENCHES & SEATING Purchase, installation, storage & maintenance of all benches in the BIA zone which includes seasonal installation, (spring); maintenance during spring, summer, and early fall; and collection & storage in the winter months. Operational responsibility: 100% BIA Cost per capita, per year: 15.5 cents 2.0 WASTE & RECYCLE REMOVAL: Collect, remove and disposal of waste and recycling in the Downtown Core except for the units located at the Tillsonburg Town Centre Mall campus area. This also includes the collection, removal and disposal of dumped waste items in Downtown alleys, Downtown parking lots & other public spaces including Library Lane. The BIA will be responsible for its own dumpster, labour, scheduling, service levels and disposal of collected items. Operational responsibility: 100% BIA Cost per capita, per year: 49.2 cents 3.0 LANDSCAPING SERVICES STREET POTS, PLANTERS, TREES Purchase and install all trees, replace damaged or dead trees/foliage on an annual basis. Includes as-needed pruning and foliage removal. The BIA will assume the cost of the plant materials, Maintenance & care for the large Town pots located at the clock tower, major intersections & other areas in the Downtown BIA zone. Purchase and install all seasonal pots, planters, hang baskets, (includes the cost of all specimens of flowers, greenery, pot accents and signage.) The BIA added 12 new pots in 2022 and will add 20 new pots in 2022. *Note: this does not include grass cutting/maintenance. Remove all weeds from grates, curbs, sidewalks, alleys, walkways, public areas, parkettes, traffic signals + nodes. Includes the flower beds and ground level vegetation at the Rotary Clock Tower. Operational responsibility: 100% BIA Cost per capita, per year: 41.5 cents 4.0 WATERING/IRRIGATION Includes watering/irrigation of all pots, plants, baskets, planter units & urns in the BIA defined zone including those owned by either the BIA or Town of Tillsonburg. Due to increased temperatures; watering frequency Page 7 of 7 is forecasted to be 7 days a week in 2023. This service includes the cost of water, fertilizer, hoses, nozzles, pumps & other equipment that is required to undertake this effort. Operational responsibility: 100% BIA Cost per capita, per year: 40.3 cents 5.0 STREET SIGNS/BLADES/MISC SIGNAGE 100% responsibility of the BIA with The Town providing $1,500 per annum for replacement and/or new street signage that meets AODA standards. This service includes the design, approval, procurement, installation, maintenance & repair of all Downtown street blade signs on an annual basis. Note: For 2023; commence transition to proper AODA standards. The design of the blades will be made in conjunction with the new wayfinding signage being installed throughout the town. Operational responsibility: 100% BIA Cost per capita, per year: 8.2 cents 6.0 MAINTENANCE ACTIVITIES INCLUDING PUBLIC AREAS The BIA will perform day-to-day sweeping in all downtown areas of the commercial corridor. This service includes all labour costs; cost of removal of waste receptacles, cost of equipment, cost of PPE & supervision of student labour including an operational plan and system for BIA staff to follow. This service also includes the one-time, annual spring clean-up from the winter thaw. Cleaning up of dog waste/feces. Management of homelessness Impacts including removal of shopping carts, discarded items, Cleaning up after parades, events, food trucks, worker buses. Operational responsibility: 100% BIA Cost per capita, per year: 45.2 cents TOTAL FUNDING FROM THE TOWN TO BIA: 2023: $35,115 2024: $37,117 2025: $39,233 Capital & Operating Plan for 10 year period of: 2023-2032 Revenues:2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 *Inflation forecast:4.9%3.5%2.1%2.0%1.9%2.2%2.4%2.1%2.0%1.9% Levy 166,940 157,472 160,779 163,994 167,110 170,787 174,886 178,558 182,129 185,590 MOU 35,115 37,117 39,233 41,838 44,142 46,715 49,552 52,457 55,512 58,697 MOU per capita 1.73$ 1.79$ 1.82$ 1.86$ 1.90$ 1.94$ 1.98$ 2.03$ 2.07$ 2.11$ Town - capital (50%)15,000 13,629 13,715 14,831 14,389 14,705 15,055 15,377 15,684 15,982 Non-levy 268,805 234,463 241,387 246,215 250,893 256,412 262,566 268,080 273,442 278,637 Town - FIP 35,000 36,325 37,188 38,032 38,854 39,809 40,864 41,823 42,759 43,671 Population forecast 20,340 21,015 21,730 22,483 23,279 24,106 24,971 25,891 26,861 27,873 New housing units 298 300 315 332 349 361 376 400 422 440 Population per dwelling 2.20 2.25 2.27 2.27 2.28 2.29 2.30 2.30 2.30 2.30 Annual pop. increase 657 675 715 753 796 827 865 920 971 1,012 Total revenue:505,860 465,377 478,587 490,079 500,999 513,723 527,868 540,918 553,842 566,596 Labour FTE 114,000 117,990 120,468 122,877 125,212 127,966 131,038 133,789 136,465 139,058 Non-FTE 60,080 61,282 62,569 63,820 65,032 66,463 68,058 69,488 70,877 72,224 Benefits 25,382 26,227 26,778 27,314 27,833 28,445 29,128 29,739 30,334 30,911 Total labour:199,462 205,499 209,815 214,011 218,077 222,875 228,224 233,016 237,677 242,193 FIP 70,000 72,450 73,971 75,451 76,884 78,576 80,462 82,151 83,794 85,387 Beautifications 51,596 12,002 12,254 12,499 12,736 13,017 13,329 13,609 13,881 14,145 Marketing/Advertising 36,895 38,186 38,988 39,768 40,524 41,415 42,409 43,300 44,166 45,005 G & A inc. project exp.134,685 116,399 118,843 121,220 123,523 126,241 129,271 131,985 134,625 137,183 Capital Expenditures IT infrastructure 1,700 1,760 1,796 1,832 1,867 1,908 1,954 1,995 2,035 2,074 Public realm 18,390 19,034 19,433 19,822 20,199 20,643 21,138 21,582 22,014 22,432 Office 4,800 1,175 800 2,500 1,100 1,122 1,144 1,180 1,202 1,225 Equipment 1,735 1,796 1,833 1,870 1,906 1,948 1,994 2,036 2,077 2,116 Beautification 3,375 3,493 3,566 3,638 3,707 3,788 3,879 3,961 4,040 4,117 Total Capital:30,000 27,257 27,430 29,662 28,778 29,409 30,110 30,755 31,368 31,964 Annual debt payment 18,917 21,658 24,005 26,100 29,250 31,005 21,403 23,808 24,333 26,007 Annual debt %5.9%5.9%5.7%6.1%5.7%5.7%5.7%5.7%5.7%5.6% Long term debt 87,500 91,000 94,730 92,260 93,008 96,508 97,495 96,005 94,883 92,107 Long term debt %17.30%19.55%19.79%18.83%18.56%18.79%18.47%17.75%17.13%16.26% Total expenditures:492,638 466,194 477,876 489,049 500,995 513,128 515,097 527,870 538,476 549,919 Net income:13,222 817- 710 1,030 4 595 12,771 13,048 15,366 16,677 *Inflation forecast is blended between TD Economics, Bank of Canada and town provided datasets/analysis.