Recorded vote

That Resolution 3 b) contained in Mayor Nenshi’s Motion, Green Sheet: The Community Economic Resiliency Fund, be referred to the Priorities and Finance Committee, to be dealt with at its 2015 December 15 Regular Meeting, as follows: “NOW THEREFORE BE IT RESOLVED that $30 million from the estimated 2015 surplus be transferred to a newly created Community Economic Resiliency Fund within the Budget Savings Account and that the fund be allocated to a Community Economic Resiliency Fund as follows: 3 b) $14.4 million for affordable housing initiatives in the community. These funds would be administered by the Community Services Department. Administration is to develop terms of reference for the funds and inform Council by memo no later than Q1 2016. A final report on how the money was spent will be submitted to Council, through the Priorities and Finance Committee, no later than Q2 2017.”