Item - 2019.MM9.28

City Council on July 16, 17 and 18, 2019, adopted the following:

1.   City Council authorize the General Manager, Economic Development and Culture, in anticipation of a favourable Indigenous Centre for Innovation and Entrepreneurship funding grant announcement by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), to enter into and administer a funding agreement with FedDev Ontario for up to $5,000,000 in federal support, via a non-repayable contribution, for the period April 1, 2019 to March 31, 2024.

2.   City Council increase the 2019 Approved Operating Budget for Economic Development and Culture and associated service levels by $1,150,000.00 gross and $0 net; future year allocations will be included in future year budget submissions for Economic Development and Culture.

3.   City Council delegate authority to the General Manager, Economic Development and Culture to seek and receive future funding from the federal government for the Indigenous Centre for Innovation and Entrepreneurship and to receive and expend those funds as specified through the funding agreements accompanying the funding.

4.   City Council direct the City Manager, working with the Manager, Indigenous Affairs Office, and the General Manager, Economic Development and Culture, to report back to the Economic and Community Development Committee by second quarter of 2020 on the progress of the Indigenous Centre for Innovation and Entrepreneurship project.