ýmer -M D)eal nt id for ittn, concillor believes DOur E~- For the record. Ward 2 Court- cillor Greg Nelson arbd 1 voted agaiflit acceptlng the Toronto 2015 Sport Legacy Fund Plan p.rtaining to the velodronw as pres.nt.d to bown counicil No- vemnber 1 1. My reasons for doing so are as fomows- Whet the legê<y fond agre.- ment was hmri presenteti ta couricil back in January 2012, we were tolti it was ta be a 20- year agreemnent and t U tat lime we were given a draft of the pro- poseti annual allocation for that »-r -pid Tt agreement council ap- proveti November il deais orily witle the allocation of ftund for the next three years, about S736A00 a yef. After those three yeams te alloca- tion anwKw wUl b. dtermîned by the Legacy Rwed Alocation conîmitte. (PAC. a con*n with no represenive, froin MWI tom. Toronto« where two of the three vernies to recelve funding ame focated» has a represeta- tuve and a voice on the LFAC. il seems the majorlty of counici was okay with that. InJanuary 2012. councilthought it was important that we be represented on the allocation committee andi passeti a reo- lotion as sucti. Th. request was rejected by T02015, yet counicîl stili approveci this agreemnent, leaving Milton with rio volce on the LFAC. The $736,000 pet year is to help cuver te op.rating deficits for te. fint tht.. years. My con- cern was w.e hati na idea if this $736.000 would cover ait, $orne or just a smail portion of te antkîpateti annu e lficits, as no velodrorne budget was pre- sented. W. hm~ since leamed that the pmojetd operathn cos of the vefodrome wNI b. $5 mil- hm ame the thret-yew peeiod, with progected revenues of S1 .6 million (best case) andi $2.2 mil- lion from the legacy fund agree- ment. %hs coulti leave a S 1.2 million shortfai that would hav" ta corne from Milton taxpayers The agreemenet matie no men- nion of the fées to b. paiti to the foundation managing the funds, not w.s e we pravied with a budget for the alloca- tion commîttet, costs Ithat wll b. paiti from te legacy fond agreement, reducinq the funds available for allocation. Knowing how government boardis and committees worir, I believe this coulti amount to a good chunk of change. In rny opinion, this isn't a gooti deal for Mitton, bWt -it was te best deal we could get. since couricil threw away any nego- tîating power we may have hati by agreemng to, move forwarti wîth the veoronie prior to having this agreemert in place. Word 4 Courteilor Rick Matbmeu ý - iý 1 ALNiYAKW V ibI 1 UK: Champion reader Julia Yoshida captured this im- &VW O kti teki - age af' a greai bitte heron .lîlnrnng ,îr.rlf on a roof in the flinr%et Park area *~qi~P~Ori.~U Nt;4fr7Do you have a unique, inirrrsting, fun or cuir photo> tahn in Mlton thai voti wod lhke Io subvrnî go bc consa&vnd for Snapshoi ? Send smbmissions (minimumn 600 KB L~ mua *e *% »M* wk N i Of Oua 1ff hOUPtf rrsolution> to kmicdigmniUloncanadaanhampîon-com Pirase mncludk the naine of the III*wu*oo Md e-dà13OW[AoitflLv o mt4j photogropher (for publication) and a drus ription of the photo incluadng the locaion wrr twa atn BLACI.K FRUDAY INVENTORY BLOWOUTI- P CW, OI&O il 1 lu xpà. 5 &V wýs a ot«U C i ID1WA 2-u 4 cvi .. A. Au, Pms vwuo s'vîci BKUEnTMT1 o SEAT Ofi4Ly u.ffl KM iflf % M *An pI Lm~j &MM ['29, ESI 3A 2429«8 &FL FmIkFmwuEcmPuSE 2 X 4 CYL MM TO f "MT~i i~KW l if.i' i RW C&M.OAMO OWYU SJ la 00>J %A Y NuML l 309?A1 -i i I à8 LO IWmm~ 1 2719U& L I 655 MN STm"E E., MILTON r cg 905-875-FORD(3673) 0- I match 'ÏA S'r ffl2é% - f-'O36w_'ý_