ACTION ITEMS

ITEM	DESCRIPTION	ACTION/TASK	PERSON	DUE DATE	DATE COMPLETED
1. MINUTES (Action Items)	February 26, 2007	Received
2. COUNCIL EXPENSES	Moved by Councillor C. Moretti Seconded by Councillor A. Chiu That expenses in the amount of $5,000.00 for CSIO Council Members be approved and funded from the previously Council-approved CSIO Account #044-6900-7349-005. Carried	Resolution to be considered by General Committee	Committee Clerk	February	February 26 NB: The funding request was withdrawn so it was not approved by General Committee.
3. CSIO TASK LIST	Staff provided a list of the work and documentation completed to date. It was agreed that a consolidated document be produced along with an executive summary. It was noted that the drafting of the document might require a dedicated resource. It was noted that the report should highlight the strategic advantages of the proposed site location. Staff agreed to report back with a strategy for presenting this information to Council. It was determined that a decision on whether to commit to the project should be made by the end of April, 2007. The decision should include the investment dollars and what services will be provided to the sidewalk.	Draft Report	A. Seabrooke J. Carnegie	February 26	February 26
4. TRAFFIC AND PARKING STUDY	Staff advised that a meeting with MTO was encouraging and that there seems to be a willingness to pursue a joint study. Staff has drafted Terms of Reference for the study and are awaiting feedback from MTO.		John Livey Jim Baird
5. CANADIAN SPORTS CENTRE	It was agreed that at the next meeting, the Committee should concentrate on the financial details including the Town’s commitment as well as commitment from the provincial and federal levels, alternative funding options and the CSIO funding model.	Progress report pending	D. Low	February
6. PRIVATE-PUBLIC PARTNERSHIPS	Hotel and conference centre plans are being finalized and promoted with developers. Corpfinance International Ltd. to provide more information on “destination” model, where commercial/retail tenants are a revenue component.	Information on U.S. “destination” models.	A. Seabrooke	Postponed
7. ECONOMIC IMPACT	On January 22, staff presented a summary of the study by Blair McIntosh on potential event hosting and economic impacts. The consultant will be asked for an economic value range. Redcliff Realty Group is finalizing revisions to the Operating Pro forma. Deloitte-Touche will be providing a quote for a peer review of the financial strategy. Staff will estimate additional cost considerations for provision of high voltage substation, etc.	Economic Impact Study – Events Economic Value Pro Forma Peer Review Cost estimates	A. Seabrooke (Blair McIntosh) (Redcliff Realty Group) J. Lustig (Deloitte-Touche) J. Baird		January 22
8. MASTER PLAN	Staff agreed to develop Parks and Recreation strategies with and without the CSI facility.		A. Seabrooke
9. TRIBUTARY	Staff outlined five (5) options for the tributary including doing nothing and enclosing and/or unenclosing the tributary, with estimated cost implications. Staff suggested two (2) options that might be pursued to the site plan stage and it was suggested there may be opportunity to share the cost with landowners as the work will enhance the value of the land.	Tributary Review	A. Brown (McCormack Rankin)	February 12	February 12
10. HYDRO CORRIDOR / 407 LANDS	Envision-Hough is completing the work and meeting with MTO, ORC, Hydro and MMAH.		A. Seabrooke (Envision)		Dec. 2006
11. GOVERNMENT RELATIONS	Ongoing meetings are now being held with provincial/federal officials and the Committee. Raj Rasalinga has been asked to submit accrued costs. He will need to be recertified as a lobbyist and an extension of his agreement with the Town will be required. Karen Pietre, Consultant for CSIO, will work with the COC on finance and marketing issues. A meeting is being arranged with RBC on the Bank Financing Strategy. Karen will confirm the expected revenues for the pro forma for sponsorships and naming rights. A Vancouver/Olympic 2010 meeting is being held on February 13, 2007. Debbie Low recommended representatives of the CSIO Committee attend, and also recommended that Alex Baumann become a member of the lobby team.	Update	F. Scarpitti R. Rasalinga A. Seabrooke	February 12
12. USER GROUPS	No further action will be taken until ongoing initiatives have been completed and more information is available.		A. Seabrooke
13. NEXT MEETING	March 12, 2007, 4:00 p.m., Canada Room.
ADJOURNMENT	4:45 p.m.

ITEM

DESCRIPTION

ACTION/TASK

PERSON

DUE DATE

DATE COMPLETED

1. MINUTES

(Action Items)

February 26, 2007

Received

2. COUNCIL EXPENSES

Moved by Councillor C. Moretti

Seconded by Councillor A. Chiu

That expenses in the amount of $5,000.00 for CSIO Council Members be approved and funded from the previously Council-approved CSIO Account #044-6900-7349-005.

Carried

Resolution to be considered by General Committee

Committee Clerk

February

February 26

NB: The funding request was withdrawn so it was not approved by General Committee.

3. CSIO TASK LIST

Staff provided a list of the work and documentation completed to date. It was agreed that a consolidated document be produced along with an executive summary. It was noted that the drafting of the document might require a dedicated resource.

It was noted that the report should highlight the strategic advantages of the proposed site location. Staff agreed to report back with a strategy for presenting this information to Council.

It was determined that a decision on whether to commit to the project should be made by the end of April, 2007. The decision should include the investment dollars and what services will be provided to the sidewalk.

Draft Report

A. Seabrooke

J. Carnegie

February 26

4. TRAFFIC AND PARKING STUDY

Staff advised that a meeting with MTO was encouraging and that there seems to be a willingness to pursue a joint study. Staff has drafted Terms of Reference for the study and are awaiting feedback from MTO.

John Livey

Jim Baird

5. CANADIAN SPORTS CENTRE

It was agreed that at the next meeting, the Committee should concentrate on the financial details including the Town’s commitment as well as commitment from the provincial and federal levels, alternative funding options and the CSIO funding model.

Progress report pending

D. Low

February

6. PRIVATE-PUBLIC PARTNERSHIPS

Hotel and conference centre plans are being finalized and promoted with developers.

Corpfinance International Ltd. to provide more information on “destination” model, where commercial/retail tenants are a revenue component.

Information on U.S. “destination” models.

A. Seabrooke

Postponed

7. ECONOMIC IMPACT

On January 22, staff presented a summary of the study by Blair McIntosh on potential event hosting and economic impacts. The consultant will be asked for an economic value range.

Redcliff Realty Group is finalizing revisions to the Operating Pro forma. Deloitte-Touche will be providing a quote for a peer review of the financial strategy.

Staff will estimate additional cost considerations for provision of high voltage substation, etc.

Economic Impact Study – Events

Economic Value

Pro Forma

Peer Review

Cost estimates

A. Seabrooke

(Blair McIntosh)

(Redcliff Realty Group)

J. Lustig

(Deloitte-Touche)

J. Baird

January 22

8. MASTER PLAN

Staff agreed to develop Parks and Recreation strategies with and without the CSI facility.

A. Seabrooke

9. TRIBUTARY

Staff outlined five (5) options for the tributary including doing nothing and enclosing and/or unenclosing the tributary, with estimated cost implications. Staff suggested two (2) options that might be pursued to the site plan stage and it was suggested there may be opportunity to share the cost with landowners as the work will enhance the value of the land.

Tributary Review

A. Brown

(McCormack Rankin)

February 12

10. HYDRO CORRIDOR

/ 407 LANDS

Envision-Hough is completing the work and meeting with MTO, ORC, Hydro and MMAH.

A. Seabrooke

(Envision)

Dec. 2006

11. GOVERNMENT

RELATIONS

Ongoing meetings are now being held with provincial/federal officials and the Committee.

Raj Rasalinga has been asked to submit accrued costs. He will need to be recertified as a lobbyist and an extension of his agreement with the Town will be required.

Karen Pietre, Consultant for CSIO, will work with the COC on finance and marketing issues. A meeting is being arranged with RBC on the

Bank Financing Strategy. Karen will confirm the expected revenues for the pro forma for sponsorships and naming rights.

A Vancouver/Olympic 2010 meeting is being held on February 13, 2007. Debbie Low recommended representatives of the CSIO Committee attend, and also recommended that Alex Baumann become a member of the lobby team.

Update

F. Scarpitti

R. Rasalinga

A. Seabrooke

February 12

12. USER GROUPS

No further action will be taken until ongoing initiatives have been completed and more information is available.

A. Seabrooke

13. NEXT MEETING

March 12, 2007, 4:00 p.m., Canada Room.

ADJOURNMENT

4:45 p.m.

CANADIAN SPORTS INSTITUTE ONTARIO

Meeting #22 – FEBRuary 26, 2007 – 4:00 p.m.

ITEM

DESCRIPTION