Finance and Administration Committee Meeting

the City of Greater Sudbury move to Closed Session to deal with one (1) Personal Matter (Identifiable Individual(s)) item regarding a performance review in accordance with the Municipal Act, 2001, s. 239(2)(b).

the City of Greater Sudbury directs staff to prepare a by-law for a Municipal Capital Housing Facilities Agreement with Raising the Roof-Chez Toit regarding certain properties and the continuation of the current exemption from taxation for municipal and school purposes and the terms on which that exemption will apply as outlined in the report entitled “Transfer of Municipal Capital Housing Facility Designation”, from the General Manager of Community Development presented at the Finance and Administration Committee Meeting on February 15, 2022. Rules of Procedure A Recorded Vote was held: YEAS: (12) Councillor Signoretti, Councillor Montpellier, Councillor McCausland, Councillor Kirwan, Councillor Lapierre, Councillor Jakubo, Councillor Sizer, Councillor McIntosh, Councillor Cormier, Councillor Leduc, Councillor Landry-Altmann, and Mayor Bigger NAYS: (1) Councillor Vagnini

the City of Greater Sudbury approves an increase to the budget for the development of 1310 Sparks Street from $5.5 million to $7.3 million, with the additional funding to be drawn from the Social Housing Capital Reserve Fund as outlined in the report entitled “Update on 1310 Sparks Street Project”, from the General Manager of Community Development , presented at the Finance and Administration Committee meeting on February 15, 2022. Rules of Procedure A Recorded Vote was held: YEAS: (10) Councillor Signoretti, Councillor Montpellier, Councillor Kirwan, Councillor Lapierre, Councillor Jakubo, Councillor Sizer, Councillor McIntosh, Councillor Cormier, Councillor Leduc, and Councillor Landry-Altmann NAYS: (2) Councillor Vagnini, and Councillor McCausland ABSENT: (1) Mayor Bigger

long-term interest rates are currently at attractive levels for borrowing, and are expected to rise, and the City has approved a number of Council approved financing plans for initiatives and projects approved in the 2020 and 2021 budgets that require debt to fund the projects; THEREFORE BE IT RESOLVED that the City of Greater Sudbury delegates authority to the Executive Director of Finance, Assets and Fleet to secure debt in the amount of $103 million, for a 25 year term, in order to take advantage of the low interest environment to finance Council approved capital projects, as outlined in the report entitled ‘Debt Financing for Projects’, from the General Manager of Corporate Services, presented at the Finance and Administration meeting on February 15, 2022; AND THAT the amount of approximately $3,006,061 in the form of debt repayment be funded from the Capital Holding Account Reserve for 2022, if required; AND THAT the additional debt repayment budget of approximately $4,498,042 be included within the 2023 Budget, with a 2023 levy requirement of approximately $1,876,146. YEAS: (10) Councillor McCausland, Councillor Kirwan, Councillor Lapierre, Councillor Jakubo, Councillor Sizer, Councillor McIntosh, Councillor Cormier, Councillor Leduc, Councillor Landry-Altmann, and Mayor Bigger NAYS: (3) Councillor Signoretti, Councillor Vagnini, and Councillor Montpellier

a living wage is considered to be the hourly wage a worker needs to cover basic family living expenses within their community and is deemed to be a practical tool for reducing poverty through paid work; AND WHEREAS the Ontario Living Wage Network promotes an employer certification program and maintains minimum rates for each municipality in Ontario which for Greater Sudbury is currently $16.98; AND WHEREAS there is an opportunity for the City to demonstrate leadership by assessing those municipal job classifications that do not meet this living wage threshold, and/or by establishing requirements for externally contracted employees providing services on behalf of the municipality to be paid a living wage; AND WHEREAS implementing a living wage could result in several social, local economic and labour market benefits; THEREFORE BE IT RESOLVED that the City of Greater Sudbury directs staff to prepare a series of options for Council’s consideration that illustrate the effects of paying, at a minimum, a living wage to all direct full and part time employees (including options for student employees) and externally contracted employees who provide service on a regular basis to the City; AND BE IT FURTHER RESOLVED that a report containing information about the Living Wage Network, living wage plan implementation considerations and high level cost estimates be provided at the Finance and Administration Committee on May 17th, 2022. YEAS: (12) Councillor Signoretti, Councillor Montpelli

THAT the City of Greater Sudbury move to Closed Session to deal with one (1) Personal Matter (Identifiable Individual(s)) item regarding a performance review in accordance with the Municipal Act, 2001, s. 239(2)(b).

THAT the City of Greater Sudbury directs staff to prepare a by-law for a Municipal Capital Housing Facilities Agreement with Raising the Roof- Chez Toit regarding certain properties and the continuation of the current exemption from taxation for municipal and school purposes and the terms on which that exemption will apply as outlined in the report entitled “Transfer of Municipal Capital Housing Facility Designation”, from the General Manager of Community Development presented at the Finance and Administration Committee Meeting on February 15, 2022. Rules of Procedure A

THAT the City of Greater Sudbury approves an increase to the budget for the development of 1310 Sparks Street from $5.5 million to $7.3 million, with the additional funding to be drawn from the Social Housing Capital Reserve Fund as outlined in the report entitled “Update on 1310 Sparks Street Project”, from the General Manager of Community Development, presented at the Finance and Administration Committee meeting on February 15, 2022. Rules of Procedure A

WHEREAS long-term interest rates are currently at attractive levels for borrowing, and are expected to rise, and the City has approved a number of Council approved financing plans for initiatives and projects approved in the 2020 and 2021 budgets that require debt to fund the projects; THEREFORE BE IT RESOLVED that the City of Greater Sudbury delegates authority to the Executive Director of Finance, Assets and Fleet to secure debt in the amount of $103 million, for a 25 year term, in order to take advantage of the low interest environment to finance Council approved capital projects, as outlined in the report entitled ‘Debt Financing for Projects’, from the General Manager of Corporate Services, presented at the Finance and Administration meeting on February 15, 2022; AND THAT the amount of approximately $3,006,061 in the form of debt repayment be funded from the Capital Holding Account Reserve for 2022, if required; AND THAT the additional debt repayment budget of approximately $4,498,042 be included within the 2023 Budget, with a 2023 levy requirement of approximately $1,876,146. Rules of Procedure A

WHEREAS a living wage is considered to be the hourly wage a worker needs to cover basic family living expenses within their community and is deemed to be a practical tool for reducing poverty through paid work; AND WHEREAS the Ontario Living Wage Network promotes an employer certification program and maintains minimum rates for each municipality in Ontario which for Greater Sudbury is currently $16.98; AND WHEREAS there is an opportunity for the City to demonstrate leadership by assessing those municipal job classifications that do not meet this living wage threshold, and/or by establishing requirements for externally contracted employees providing services on behalf of the municipality to be paid a living wage; AND WHEREAS implementing a living wage could result in several social, local economic and labour market benefits; THEREFORE BE IT RESOLVED that the City of Greater Sudbury directs staff to prepare a series of options for Council’s consideration that illustrate the effects of paying, at a minimum, a living wage to all direct full and part time employees (including options for student employees) and externally contracted employees who provide service on a regular basis to the City; AND BE IT FURTHER RESOLVED that a report containing information about the Living Wage Network, living wage plan implementation considerations and high level cost estimates be provided at the Finance and Administration Committee on May 17th, 2022. Rules of Procedure A