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HomeMy WebLinkAbout2007-05-14 - Committee of the Whole - Agenda and Reports.pdfCorporation of the District of Maple Ridge COMMITTEE OF THE WHOLE A GENDA May 14, 2007 1:00 p.m. Council Chamber Committee of the Whole is the initial venue for review and debate of issues. No voting takes place on bylaws or resolutions. A decision is made to send an item to Councilfor debate and vote or to send an item back to stafffor more information or clarification. Note: If required, there will be a 15-minute break at 3:00 p.m. Chair: Acting Mayor DELEGATIONS/STAFF PRESENTATIONS - (10 minutes each) 2. PUBLIC WORKS AND DEVELOPMENT SER VICES Note: Owners andlor Agents of Development Applications may be permitted to speak to their applications with a time limit of 10 minutes. Note: The following items have been numbered to correspond with the Council Agenda: 1101 DPIDVP/058/06, 12065, 12073, 12085, 12097 228 Street Staff report dated May 4, 2007 recommending that the Manager of Legislative Services be authorized to notify qualifying property owners that approval of DVP/058/06 to vary the front and side yard setbacks will be considered by Council at the June 12, 2007 meeting and that upon favourable consideration of DVP/058/06, the Corporate Officer be authorized to sign and seal DP/058/06. Committee of the Whole Agenda May 14, 2007 Page 2 of 3 1102 DP/015/07, 20395 Lougheed Highway and 20398 Dewdney Trunk Road Staff report dated May 2, 2007 recommending that the Corporate Officer be authorized to sign and seal DP/015/07 to permit phase three of the restoration project. FINANCIAL AND CORPORATE SER VICES (including Fire and Police) 1131 Disbursements for the month ended March 31, 2007 Staff report dated April 20, 2007 recommending that the disbursements for March 31, 2007 be approved. 1132 2006 Consolidated Financial Statements Staff report dated May 8, 2007 recommending that the report to the Audit and Finance Committee dated April 18, 2007 and the 2006 Consolidated Financial Statements be received. COMMUNITY DE VEL OPMENT AND RECREATION SER VICES 1151 Golden Ears Winter Club One-Time Grant Request Staff report dated May 8, 2007 recommending the award of a one-time grant to the Golden Ears Winter Club, subject to the availability of flmding within the Municipal Grant Program. CORRESPONDENCE 1171 OTHER ISSUES 1181 Committee of the Whole Agenda May 14, 2007 Page 3 of 3 ADJOURNMENT COMMUNITY FORUM COMMUNITY FORUM The Community Forum provides the public with an opportunity to speak with Council on items that are of concern to them, with the exception of Public Hearing by-laws that have not yet reached conclusion. Each person will be permitted 2 minutes to speak or ask questions (a second opportunity is permitted if no one else is sitting in the chairs in front of the podium). The total time for this Forum is limited to 15 minutes. If a question cannot be answered, the speaker will be advised when and how a response will be given. Council will not tolerate any derogatory remarks directed at Council or staff members. If a member of the public has a concern related to a Municipal staff member, it should be brought to the attention of the Mayor and/or Chief Administrative Officer in a private meeting. Other opportunities to address Council may be available through the office of the Manager of Legislative Services who can be contacted at 463-5221 or by e-mail at cmarlo(mapleridge.ca. Checked by: _2it4 Date: 6 7/( .c/iO CORPORATION OF THE DISTRICT OF MAPLE RIDGE MAPLE RIDGE TO: His Worship Mayor Gordon Robson DATE: May 4, 2007 and Members of Council FILE NO: DP& DVP/058106 FROM: Chief Admmistrative Officer ATTN: C of W SUBJECT: Development Permit 12065 228 ST, 12073 228 ST, 12085 228 ST, 12097 228 ST EXECUTIVE SUMMARY: Two four-storey condominium towers and ten townhouse units above an underground parking structure have been proposed at 12065, 12073, 12085 and 12097 228 6' Street. This application is subject to the Development Permit Guidelines for Multi-Family development as outlined in the 2006 Official Community Plan. Development variances are being sought by the applicant to vary the required front yard setback in the RM-2 zone from the 7.5 metres required to the 4.5 metres proposed and to vary the side yard setbacks in the RM-2 zone from the 7.5 metres required to 4.62 metres to accommodate the townhomes facing 228th Street. RECOMMENDATION: That the Manager of Legislative Services be authorized to notify qualifying property owners that approval of DVP/058/06 respecting properties located at 12065, 12073, 12085, and 12097 228 Street will be considered by Council at the June12 t1', 2007 Council Meeting; and That the Corporate Officer be authorized to sign and seal DP/058/06 respecting properties located at 12065, 12073, 12085 and 12097 228 Street subject to approval of DVP/058/06. DISCUSSION: a) Background Context: Applicant: Owner: Legal Description: OCP: Existing: Proposed: Zoning: Existing: Proposed: Boldwing Continuum Architects Inc. Alpha Beta (228th Street Holdings) Corporation Inc. N 1/2, Lot: 3, Section: 20, Township: 12, Plan: 8333 S 1/2, Lot: 3, Section: 20, Township: 12, Plan: 8333 N 1/2, Lot: 4, Section: 20, Township: 12, Plan: 8333 S 1/2, Lot: 4, Section: 20, Township: 12, Plan: 8333 Urban Residential Urban Residential RS-1 - One Family Urban Residential RM-2 - Medium Density Apartment Residential 1/0/ Surrounding Uses North: Use: Single Family Residential Zone: RS-1 Designation Urban Residential South: Use: Single Family Residential Zone: RS-1 Designation: Urban Residential East: Use: Single Family Residential Zone: RS-1 Designation: Urban Residential West: Use: Single Family Residential Zone: RS-1 Designation: Urban Residential Existing Use of Property: Single Family Residential Proposed Use of Property: Multi-Family Residential Site Area: 7,216 m2 Access: 228th Street Servicing: Full Urban Corresponding Applications: RZ/058/06, VP/05 8/06 Project Description: This multi-family residential development is proposed over four existing parcels fronting 228 Street. The consolidated site proposes to accommodate 10 townhouses fronting onto 228 Street and two apartment buildings with a total of 96 units occupying the westerly portion of the site. The apartment structures have a mix of one bedroom, one bedroom/den, two bedroom, two bedroom/den and three bedroom units. All the townhouse units are three bedrooms. Between the two apartment buildings there is a courtyard area with a winding pedestrian pathway with two grassed 4 foot berms, seasonal flower beds and features elevated hoop public art as landscaping highlights. A children's sandbox play area has also been provided on the west side of the property between the two apartment buildings. The development has been designed with an influence of modern west coast style. The exterior buildings will be made of prefinished composite panels alternating in taupe, olive green, copper and charcoal colours. There is no surface parking for this development, all spaces including visitor, are located underground below the structure. All access to this development is off 228th Street. Planning Analysis: Official Community Plan: These properties are subject to the guidelines applicable to Section 8.7 Multi-Family Development Permit Area Guidelines of the Official Community Plan that aim to regulate the form and character of a multi-family residential development. This development respects the key guideline concepts as outlined in this section. New development into established areas should respect private spaces, and incorporate local neighbourhood elements in building form, height, architectural features and massing - 2 - The rooftop terraces were removed from the original project design out of respect for the privacy request from the neighboring properties. Additionally, the developer agreed to further setback the buildings on the north, west, and south property lines to allow for more generous, and mature landscaping, to increase privacy between properties. Transitional development should be used to bridge areas of low and height densities, through means such as stepped building heights, or low rise ground oriented housing located to the periphery of a higher density developments. The townhouse structures are two storeys in the front rising to three storeys at the back. This is to create a lower scale residential presence along the street edge with a transition through the third storey to the four storey apartment behind. The townhouses thus, act as a density bridge from the single family residential across the street into the more dense multi-family apartments found to the rear. The apartment buildings are also stepped down from four to three storeys where fronting onto single-family development to the North and West. As there is no vehicular parking at street level for this development, both the townhouse and apartment structures are designed to be pedestrian oriented. In addition to the ground level patio, each townhouse has pedestrian access to the road and to a concrete path to the elevator down to the underground parking area. The ground floor apartment units also have individual patios surrounded by a generous amount of landscaping for increases privacy. Large scale developments should be clustered and given architectural separation to foster a sense of community, and improve visual attractiveness. The housing structures have been positioned with a townhouse cluster in the front and an apartment complex to the rear, creating a near mirror-image lot lay-out for the north and south side of the property. The common entrance to the underground parking and visitor drop-off circle in the centre of the lot creates a sense of connection between the four structures. Pedestrian circulation should be encouraged with attractive streetscapes attained through landscaping, architectural details, appropriate lighting and by directing parking underground where possible or away from public view through screened parking structures or surface parking located to the rear of the property. Between the two apartment buildings there is a courtyard area with two landscape mounds creating desirable privacy areas for the ground oriented units and aids in defining the well lit internal walkway. In addition to the landscape mounds, elevated hoop-like art structures add visual interest of the overall development. Benches have also been added along the internal walkway to encourage further pedestrian use. All parking for this development is located underground away from public view. In order to accommodate the underground parking structure, a retaining wall is required to support the raised lot. This wall will be landscaped with English Ivy to mitigate the visual impact for the surrounding neighbours. Additionally, multiple perimeter trees have been located between the retaining wall and the exposed perimeter of the underground parking structure. d) Development Variance Permit To increase the relationship the townhouses have with the street frontage, a development variance is being sought by the applicant to vary the 7.5 metre front yard setback required in RM-2 zone to the 4.5 metres proposed. As there is no parking or driveway located in the front yard of the townhouse -3- development, this 3 metre reduction will give the structures a friendlier street image. Bringing the townhouses closer to the street also increases the separation between the lower density townhomes and the higher density apartment use to the rear. In addition, the Town Centre Concept Plan for Maple Ridge encourages reduced building setbacks to encourage street enclosure and promote buildings facing the public street. A variance for the north and south side yard setback is also requested to allow for the a 2.88 metre reduction to the 4.62 metres proposed in order to accommodate five townhomes on each side of the underground parking entrance. As both of the apartment buildings exceed the setback requirements the variance is considered minor in nature as it is only the townhouse structures that encroach into the side yard setbacks. e) Maple Ridge Town Centre Concept Plan The development site is within the Regional Town Centre which is in the Smart Growth on the Ground area. The project architect has submitted a LEED's (Leadership in Energy & Environmental Design) green building report for the proposed development. Even though this development is not registering for LEED certification, it is designed with sustainable objectives. Registration of a Section 219 Covenant indicating the LEED's components included in the project design has been made a condition of final reading for the associated rezoning application. 1) Advisory Design Panel: The Advisory Design Panel generally supported the project as presented with the following considerations: a) Better description (refinement) of the perimeter landscaping area, specifically the northwest corner. There will be a 1.0 meter retaining wall at the Northwest corner of the site. The wall will have English Ivy planted that will grow down the outside providing integration of the wall with the balance of the landscaping along those north and west edges. g) Financial Implications: A refundable security in the amount of 2.5% of the total construction costs will be required with this Development Permit. Based on an estimated construction value of $9,000,000.00 the security will be $225,000.00. There will be 8 "honey locust" trees added to the municipal street tree inventory on completion of this project. The costs associated with maintaining these trees will need to be included in a subsequent operating budget. -4- CONCLUSION: As the development proposal complies with the guidelines for the Multi-Family Development Permit Area for form and character, it is recommended that DP/058/06 be given favorable consideration. Prepared by:7\Jen Csikos- lannin Technician " Approved by: Ja5 Pickering, MCP, MCIP Director o Planning 4~ - Approved by: Fra)ik Quinn, MBA, P.Eng GM: Public Works & D ment Services Concurrence: J.2 (Jeule Chief Administrative Officer 1 JC/dp The following appendices are attached hereto: Schedule A - Site Plan Schedule B - Parking Plan Schedule C - Elevation - Building 1 Schedule D - Elevations Building 2 Schedule E - Elevation Building 3 Schedule F - Elevations Building 4 Schedule G - Landscape Plan -5- PA, AA, (AG1 All, AJ, AK AS - mu Jqk 'fi g Pt, Al') ,A8. PIt' NORTH ALPHA BETA (223Th SIREET HOLDINGS) SITE PLAN CORP. BO)dWiII (,T,IIT,IIIIrIT , ,,,.., . . THE RIO(MULTI RESIDENTIAL PROJECT) IZERS. 73. 55, 97. 2281h ST.. MAPLE RIDGE. BC 2Ro2 .o 000 A Sat 'ute (V ( (pfl (e) (PS) ! 1 4Ji4nLI i I : i±J4rL4'! t L U 1 (p _ J_iLF1J-44 —1-i (ei) iii'HiH.,Ii I j IfliTi1 ri U fl (JNI)ERGROUND PARK(N(, PLAN CORP. ALPHA 8A (Th STREET HO(SGS) PARNING GARAGE - OVERALL !!!)ILIW I nu C'ontii,tiuuii I,. ,. MULTI RESIDENTIAL PROJECT 12055,73,80.97-22805 ST., MAPLE RIDGE, BC 05802 1 20 A —J (PK (PL). 00EEEIE 70019M4G WALl. - RE60R TOLVCAP0 00AWIIGS FP800E0 cc*Fo0010 WWLt'00EL OMCOAL k 600DM7GI0ECTtAL PREFI00SPEDCOWOSIOEWALl.PAC - aNO 000000 00070900000 C00WGSITE WALL PNAL OOPPSIR 090fl0000€DC00OSITEWALl.000001.- TAIPI 000F*400t0t.€70. 09INIISHED EE S PREFINISHED EXTERIOR DOOR ISOLOI 9 EWAI00TERS00TWPPEROJIPGPAMATED-O6000AL 0 OWL WWWWS - EXTERIOR WIPOOW ORMES I WWtW 1064 (PORTED) -O0R8. WIISESTEEIL (000 TEI056TERA 05007) PAInED. cwa000. (PA) I- She.c1ui€. IC ' B1VATO KEflO1ES EIJ±VA ION - BUILDING 1 NOR Il-I ELEVA1101,1 BUIIUINU 1 LAS I ELLVAI ION BUIlDING I _,()iiIII El LVIIUN Dliii _IIN(, I VVI'51 ALPHA BETA (228Th STREET HOLDINGSI ELEVATiONS - BUILDING I CORP. LtIdW.n (.ot)tit3tItIIi3 ..,,,, I.. MULTIRESIDENTLAL PROJECT 12065, 73, 85,97- 2281h ST., MAPLE RIDGE, BC 26002 00 R.00 0001 ............ I ecbf- , I e b. I I I ED9TECflINALCHaENE1E RCTAAWIO WALL - lOPER TO LAA000APE I PREFIMSEO CO000E WALL POOl. - OOEIA OOF(oSl-EOCOLUOSITE WAl.l. POO). - S F*ISIE0C8tS'OSJTE WALl. FlEE). - TALEF 6 OOFIMSE€OIET*J. P8.451*10 PFIEFINISHED (SOLO) - OTAICOIL 8 OOFMSAC EXTERIOR SOLO (SOLO) 8 rORAETERI&Ts. PEE RAAJIG PARtIED - O51RCOAL TO WEt WIWOS. EXIE WROOW FOlIOS &W000WIAOOW 11111 (P06100). OTRCOOL WERE SOLE)). )SOJTTIELEVATIOICPEV) PANTED - CHARCOAL ELEVA] ON BUII.DNG NOR Il-I Qb ia El EVA) )N LiUILIJINU LA, I .)U( I IJ I$)iI UIU. .) )LJI<I O-)kUL'(:,I ALPHA BETA (228TH STREET HOLDINGS) CORP. ELEVAI1ONS . BUILDING 2 2 IloidWitig (onlim,IInT -. MULTI RESIDENTIAL PROJECT 12065,73,65.97. 228th ST.. MAPLE RIDGE. BC 26002 AO.SO 6CR —j 00EVOTENI tm.1ES DRGATECTORAL 006600ETh 00140198 WM.I. - 00FENTOLNCSCPE SILAW1408 2 m.510050E0CSI05115 WALL PMIEL- 3 00EE.dDCOSI1E WALL P4098. - 03.88 I2ALEN 4 HlEIMSL-EDCOSETE WALL. PfltI.. S IMSotDCadOSItE WALL. PAtti. TAI.PE 6 FREFIMSL-€DP&TAL PLASOIPA3 7 EW03000I.d IS00- GOARCOAL A PREP00SA8O 601863011 00 $00.30)- COPPER P00*498188 I.tTM. PEE 8641698 P0*0180- 10 WIYI.WIWSS- EXTER**0 WIlICOW P9*4985 aw0o0w,w 1884 IPAIIWEDI . OLRCWL 1 8OISE.S0*_EILISOUEIEIEVATEM 0*1.11 PAWED- CHARCOAL. LI EVA I ION BUlL DING 2 SOU IN E[ E'J,\ IIN bIJlI.I)II'JI , I lIJ . . 1 11< .,kIJ VVI.i ALPHA BETA (228TH STREET HOLDINGS) CORP. ELEVATIONS. BUILDING 2 I.OotIiI\Wnog ('011 113 . .... MULTI RESIDENTIAL PROJECT 52065. 73.85.97.228th ST., MAPLE RIDGE, BC . 26002 :00 0 50 JCAI , (P7) I'P() (,O4) Jule- .J EEVATOIARWOIES 06 I RA*RACR0AlAAfl (P3) (P2) RC707*AG WALL lEPER TO LAI68SCAO'E I I 2 ocad000JTE wilt PAlEr Pa) DRAWINUS ELEVA1 I ON B(JILPIN(3 3 NORTH 3 FRISID C0SIIE WAIL P0668. 'GEE 9tEEN F*ISEDCa.OSI1E WALl. PAAL. FflSl.tOCOk060GlTE WALL P06CC-TAIWI 6 PREHAAS6ED.ETAL FLA&IG FP0AI DEXI7R 80CR SOl.G) - CHARCOAL EF68SI EXtERIOR 0080 IECA.AtJ COPPER TOIAALIOA I.ETM, P90 RAILIAG P010100 - On 0 W*tWtS -09100180 WALlOW FRAIWS &W000W100W 1070(P0110100). OAIRCOAI, II WESt-SEX00. (SOJI)IEI.EVATERIGtY) P074100 - CHARCOAL I. I.. El I IiI)N hilil i)Ir ((((RI YARI) 1:/A ALPHA BETA (228Th STREET HOLDINGS) ELEVATIONS-BUILDINGS CORP. ('I,IIIIT . MULTI RESIDENTIAL PROJECT 12065,73, 85.97-229th ST., MAPLE RIDGE, BC 26802 00 09.50 OCR _I .EI.EVA1i0N BUILDING 3 SOUTH Sc.ieJue E. I-- aVAIER.,RVIWIEs I RE e5w.RaRTEcTInoL ERRERETE IETNIG WALL. -REFER TOLIOSCAFE REAWRGS 2 PREF*ISI-EOCGOSIIE WALL PAAEL. DLARCOAL 3 PHEFISEDCOS33E WALL PRWI. - REFIt 4 HAEFAASI€D COAAOSITE WALL PAI.. COPPER O FIMSLEOCALPOSITE WALL ATAC. - ThERE 6 FREFIMSAED6ETAL FLASOAG A PREFIMSIED (SOU01. GTAIOCOAL O PREFIMSREO EXIORIOR DOER (50313)- COPPER 9 3 SIALETER RETAL. PER RAIIIIGPAWTED - cAWALOAL 10 RWltWtiS- EXTETOER V.1)00W FRAIWS OWDODW000W OWN (P3061300) - G(AJ1COAL II RTRE.SALEL )SOJIWELEVATERALTtV( PERIlED - CIORCOAL (PK) (P1) (1) l) Li L1/ I II,I.j Bull 01116 i V-JI:, I I 1()11 hI ill I )iI''. 23)31<1 AI<II VVL.1. I '\ ALPHA BETA (328TH STREET HOLDINGS) ELEVATIONS. BUILDING 3 CORP. I3IIIdWin)) C3,IItinmIm . . . . ,. MULTI RESIDENTIAL PROJECT 12065,73,85,97. 22816 ST., MAPLE RIDGE. BC 26052 3.3330 AU,SB 0CC A I EDALECTLUSALWASAETE 80T.L8 WALL. 80788 TOLNCSCAFE CHAWAICS A FAR DCCSWOSLTE WALL PNALL 3 PREFINISFWCHAOSITE WALL FAV. CLNS CLEEN 888715151.00 COMPOSITEWLL P8801. COPPER 5 PRERNIsHED C0105flt WALL. PAtti. TAISE 88878151.00 IWTAL RAW*15 0080 CHARCOAL 7887815100 COPPER I 301510188 IOTAS. 786 1578.815 7881160. CHARCOAL 0 88151. WtS. EXIERICH WWW FRAAALS a WOOD 0000w mn PAINTED) - OAtRL II 0180578.88. 50 AH 61.6581881 788.51 PAWTED - CHARCOAL 11 8tEVATHAIHAAAALSES I 88 ELEVA1 ON BUILDING 4 NORTH ELEVATION - BUILDIN(, 4 EASI At 81 "N' I L-.ILVAFk)N Bull DINt, 4 (Wlll L_Ir',/.Il)l-1 fit ALPHA BETA (225TH STREET HOLDINGS) CORP. ELEVATIONS. BUILDING 4 L3oldWing Cointinhlulls . . MULTIRESIDENTIAL PROJECT 52865,73,55,97.228th ST.. MAPLE RIDGE. BC 28802 tOo 0 50 085 A —j Sctie.ckje G - 3 qrtccr IOOI C.KAVOtJNS & ASOC&rES INC. I PLNN IEW LANDSCAPE PLAN PROPOSED APARTMENT BUILDING CORPORATION OF THE DISTRICT OF MAPLE RIDGE MAPLE RIDGE TO: His Worship Mayor Gordon Robson DATE: May 2, 2007 and Members of Council FILE NO: DP/015/07 FROM: Chief Administrative Officer ATTN: C of W SUBJECT: Development Permit 20395 LOUGHEED HIGHWAY and 20398 DEWDNIEY TRUNK ROAD EXECUTWE SUMMARY: Over the past few years, structures within the Westgate Mall have been experiencing building envelope failures due to water infiltration. The restoration works have been phased to resolve the issues. This development permit is for the third phase of the overall project. The strategy is to replace the existing failing system with new glazed canopies and an upgraded wall panel system at selected locations. After the changes, the look of the mall will remain relatively the same as the original existing design. The addition of these weather guard systems and landscaping requires Council approval as the development is within the Commercial Development Permit Area. RECOMMENDATION: That the Corporate Officer be authorized to sign and seal DP/015/07 respecting property located at 20395 Lougheed Highway and 20398 Dewdney Trunk Road. DISCUSSION: a) Background Context: Applicant: The Abbarch Partnership Architects M.E. Burton-Brown Owner: Sun Life Assurance Co Of Canada C/O Bentall Retail Legal Description: Lot: D and Lot: C, D.L. 222, Plan LMP 34007 OCP: Existing: Commercial Zoning: Existing: C-2 (Community Commercial) Surrounding Uses North: Use: Commercial Zone: CS-i (Service Commercial) and C-4 (Neighbourhood Pub) Designation Commercial South: Use: Commercial Zone: CS-1 (Service Commercial) Designation: Commercial East: Use: Commercial Zone: CS-i (Service Commercial) Designation: Commercial //,0;? West: Use: Zone: Designation: Existing Use of Property: Proposed Use of Property: Site Area: Access: Servicing: Previous Applications: Commercial CS-i (Service Commercial) and RS-1 (One Family and Two Family Residential) Commercial Commercial Commercial 2.95 ha (12.35 acres) Lougheed Highway, Dewdney Trunk Road and 119 Avenue Full Urban DP/094/05 b) Project Description: This application is the third phase of the overall building envelope repairs proposed for Westgate Shopping Centre at 20395 Lougheed Highway and 20398 Dewdney Trunk Road. The proposed works include: o amendments to the canopy system for Building "C" approved under DP/094/05; • a new canopy system for Building "F" as identified on the attached plan; • upgrades to the existing roof patio on Buildings "D" and "E"; • demolishment and reconstruction of garbage enclosures; • landscaping for both subject properties; • new seating area between Buildings "C" and "G"; • traffic pattern and parking modifications; and • demolishing the arch structures on 119 Avenue. The canopy for Building "C" had been constructed under Development Permit DP/094/05, which was approved at the November 8, 2005 Council meeting. Minor amendments were made during the construction; therefore, the applicant has included these changes. The new canopy for Building "F" is similar to those approved under DP/094/05. It will be supported by new and existing columns and will be raised to roof level to provide protection from the elements. This design will drain water on to the roof rather than the building face. The rain screen system will be pre-engineered and assembled off-site for ease of application. This should minimize on-site installation and thus reduce disruption to the existing businesses. There is an existing roof garden and patio on Building "D" and "E". The roof garden has caused water damage to the roof system and as a result the roof garden will be removed. The roof patio will be upgraded with new payers and the roof garden will be replaced with planter boxes. The garbage enclosures located throughout the parking lots will be demolished and reconstructed to meet the design scheme occurring throughout the development. One garbage enclosure located near the southwest corner of the sight will be removed and replaced with landscaping while the other garbage enclosures will remain roughly in their original locations. As a result of the current repairs occurring at the subject property, some of the landscaping on the subject property had been removed. The applicant has submitted landscape drawings for the entire site. The landscaping was reviewed by the Advisory Design Panel (ADP) on April 10, 2007 and received overall support. The Advisory Design Panel recommended approval of the project, subject to addressing the following items to the satisfaction of staff: -2- • the introduction of a soft landscaping feature at the plaza at Starbucks; or • reworking the existing planter/fountain outside of Starbucks to preserve a seating area. The recommendations from the ADP will be addressed by the removal of the existing fountain and replacing it with a circular concrete and aggregate floor design with two benches surrounding it. This introduces a soft landscaping feature which provides for a more usable patio-like area. The seating faces away from the parking lot to focus attention on the store fronts rather than the parking lot. The applicant commissioned Bunt & Associates to conduct a traffic study, dated August 18, 2006. The Engineering Department has reviewed the study and supports the following traffic improvements; namely a left-turn lane onto 119 Avenue located near the north portion of Building "D" and "E"; a right-turn only exit onto 119 Avenue located near the south portion of Building "H"; and a reduction in the number of parking stalls from 645 to 614 is required to implement on-site traffic circulation improvements. The arch structures located on 119 Avenue will be removed. The applicant is required to obtain a Highway Use Permit from the Engineering Department before starting this work. Proof of adequate liability insurance and a damage deposit will be required when the Highway Use Permit application is made. The Highway Use Permit should also include the curb and sidewalk letdown work needed for the above mentioned exit. The reduction of the number of parking stalls is supported by staff and still exceeds the requirements of the "Maple Ridge Off-Street Parking and Loading Bylaw No. 4350 - 1990". The reduction of parking stalls also allows for the widening of the internal sidewalk for Building "F" and the addition of a landscaping element along the vehicle entrance on the south side of 119 Avenue. c) Planning Analysis Commercial Development Permit Guidelines: The purpose of a Commercial Development permit is to foster attractive commercial areas that is compatible with adjacent development and enhances the unique character of the community. Key Concepts: 1. Avoid conflicts with adjacent uses through sound attenuation, appropriate lighting, landscaping, traffic calming and the transition of building massing to fit with adjacent development. The existing development is surrounded by commercial uses and is of similar scale and massing as other developments in the area. Upgrades to the landscaping have been proposed and are supported by ADP. A traffic study has been reviewed by the Engineering Department. The introduction of new turning lanes will help to reduce the internal traffic of the site as well as creating easier access onto 119 Avenue. -3- Encourage a pedestrian scale through providing outdoor amenities, minimizing the visual impact ofparking areas, creating landmarks and visual interest along street fronts. • As the development already exists, there are limited opportunities to add further outdoor amenities; however, the applicant has made efforts to incorporate a new seating area as requested by ADP. • There will be a reduction in the number of parking stalls which will allow for a widening of the internal sidewalk for Building F. • The garbage enclosures have been redesigned, and will therefore reduce the visual impact of them in the parking lot. • The street fronts will be upgraded with new landscaping and new canopies. Promote sustainable development with multimodal transportation circulation, and low impact building design. o There is access to the site via public transportation. • Street trees and landscaping along the sidewalks and enhanced store fronts with canopies create a more inviting area for pedestrian circulation. Respect the need for private areas in mixed use development and adjacent residential areas. The existing development is strictly commercial and all surrounding uses are commercial. The form and treatment of new buildings should reflect the desired character and pattern of development and adjacent residential area by incorporating appropriate architectural styles, features, materials, proportions and building articulation. • The upgrades to the store fronts and the new canopies enhance the character of the existing development. • New materials have been reviewed and supported by ADP. d) Advisory Design Panel: At the meeting of October 11, 2005 the Advisory Design Panel expressed overall support for the project as presented by the applicant with the understanding that the building materials (specifically panel samples) would be submitted for independent review prior to the next meeting of November 8, 2005. It was further acknowledged that landscaping improvements will be considered at a future ADP meeting. Landscaping improvements were considered at the April 10, 2007 ADP meeting. The Advisory Design Panel recommended approval of the project subject to addressing the following items to the satisfaction of staff: the introduction of a soft landscaping feature at the plaza at Starbucks; or reworking the existing planter/fountain outside of Starbucks to preserve a seating area. e) Financial Implications: A refundable security in the amount of 2.5% of the total construction costs will be required with this Development Permit. Based on an estimated construction value of $350,000.00 the security will be $8,750.00. -4- There will be three trees added to the municipal street tree inventory on completion of this project. The costs associated with maintaining these trees will need to be included in a subsequent operating budget. CONCLUSION: The proposed changes do not compromise the intent of the Commercial Development Permit Area and are not a substantial change to the earlier design. Therefore, it is recommended that DP/O 15/07 be given favourable consideration. Prepased byf dma Leung PlanninTIchnician Approved Jane Pickering, MCP, MCIP Director of Planning /e-t~zl 4~ L- - Approved by:/Frank Quinn, MBA, P.Eng GM: PubLie-Works &Dej'elopment Services Concurrence: 1. L. (Jim) Rule j k2hief Administrative Officer AL/dp The following appendices are attached hereto: Appendix A - Subject Map Appendix B - Site Plan Appendix C - Building Elevations Appendix D - Landscape Plans -5- 37 12083 l £21 LCJ ij £DI( I 1 R f ! I 12079\ H 19 1208 AVE P 832 13105 Rem 1 P75684 : I 10 1 8 Q. 1 ioio 9 120451 112040 12065\ \•__•__\ I 7 11 12035! I 18 112020 120251 _______ CP02 A l I I IL I 5 12020 2 i- -6 14 LMP\ 1 12015 D€W08EY TRIRIK ROAD 72 14 15 J 1 RP8 A 1ji B LMP40767 (N B C Remi 61704 _P189 _2 _III _119A 0 LMP 34007 CL P 61704 - BCP 17822 'p SUBJECT PROPERTIES Ila EP:127 0.8 P48586 68 / BCP 1643 LOVO4EEO 806 Rem 11871 em 6/7 8 / LMP 25177 32170 40 The Corporation of the District of Maple Ridge fl.2 4 makes no guarantee regarding the accuracy or present status of the information shown on _28 30 31 32 P288 6 35 36 37 .38 this map. 6 I_IRAm2O District of Pitt Meadows I ' 20395 Lougheed Highway& 20398Dewdnev_TrunkRoad r 4 1 CORPORATION OF THE DISTRICT OF Albion Langley SCALE 12,712 ___ ___ DATE:May,2007FlLE:Uned BY: AL NV14 fill ahSOJQl cpioqqo SDIM3I1WUI1IVIJllI 3LND IflaM II0I0 D$U3Ø - - In I j II III I III1I lllhILSlX GWOkW DILIVd I0380d004 O011AOW WUOYd 81V13U UJXVW AVMMIA, ( avou xonvi A3NGM3O '9 ---' S a 0 Iff AWA, / DEWDNEY 1RUCC ROAD .sEro.anan !4j •1 I-aI Fed II I'll (II' Butu I I j i i 1111111 IIIIIuIliuuIuIIuuIuIuIIIII •4pL1'4' I-, - it 1 . H ft * icIlWiIi fromdix LJ. I r ir. i -0 W1.0 .. 4e qeIix L3 .1• : )!° HIM Ii AM Ii Ia ? CORPORATION OF THE DISTRICT OF MAPLE RIDGE TO: His Worship Mayor Gordon Robson DATE: April 20, 2007 and Members of Council FILE NO: FROM: Chief Administrative Officer SUBJECT: Disbursements for the month ended March 31. 2007 EXECUTIVE SUMMARY: Council has authorized all voucher payments to be approved by the Mayor or Acting Mayor, together with the Director of Finance. Council authorizes the vouchers for the following period through Council resolution. The disbursement summary for the past period is attached for your information. Expenditure details are available to any Council member for review in the Finance Department. RECOMMENDATION: That the "disbursements as listed below for the month ended March 31. 2007 now be approved" GENERAL $ 6,616,814 PAYROLL S 1,563,045 PURCHASE CARI S 92,174 S 8,272.033 DISCUSSION: Background Context: The adoption of the Five Year Consolidated Financial Plan has appropriated funds and provided authorization for expenditures to deliver municipal services. The disbursements are for expenditures that are provided in the financial plan. Community Communications: The citizens of Maple Ridge are informed on a routine monthly basis of financial disbursements. 1/3/ Business Plan I Financial Implications: 1. None Policy Implications: Approval of the disbursements by Council is in keeping with corporate governance practice. CONCLUSIONS: The disbursements for the month ended March 31, 2007 have been reviewed and are in order. Prepared by: G'Ann Aygg Accounting Clerk II Approved y: bennis Sartorius, CA Municipal Accountant (~ ~' I Approved by.1 V PGill, BBA, CGA GM - Corporate &,Ptancial Services Concurrence: J.L! (Jim) Rul Chief Administrative Officer gmr CORPORATION OF THE DISTRICT OF MAPLE RIDGE MONTHLY DISBURSEMENTS - PERIOD 3, 2007 21.000 24.000 110,174 74.485 21.054 518434 BC Ltd Security refund Atlantic Pacific Land Corp Security refund Bay Hill Contracting Ltd. Traffic signal & overhead crosswalk signs BC Hydro Hydro charges March BC SPCA Contract March Boileau Electric & Pole Ltd Maintenance: Curling Club 5,990 Hoffmann garage 218 Leisure Centre 219 MR Cemetary 172 New UPS wiring 8,888 PM Heritage Hall - 76 SPCA 116 Street signs 2,102 Street lights 576 Street light poles 2.495 Traffic lights 143 Truck shed lighting 1.370 104th pump station 4.757 Bynett Construction Services Community Safety Building 309.455 Standby Power System 209.375 CUPE Local 622 Dues - pay periods 07/05 & 07/06 Thevron Canada Ltd Fuel JSDC Systems Inc Amanda software licenses Ed Mar Holdings Security refund Emergency Communications Dispatch levy - first quarter Fraser Valley Regional Library First quarter member assessment Graham Hoffart Mathiasen Archt Fire Hall No. 1 expansion Guillevin International Inc Electrical supplies: Emergency program 377 Firehall 25.877 Operations 2,010 Happy Heart Fitness & Educ Weightroom supervision & fitness programs Heart & Soul Fitness Ltd. Aerobic & fitness classes Kedco Constructors Ltd 236 & 256 Street pump stations Manulife Financial Employee benefits premiums Medical Services Plan Employee medical & health premiums Mills Printing & Stationery Stationary Jan & Feb Municipal Pension Plan BC Pension remittance Oracle Corporation Canada Inc Software licenses Partition Systems Corporate Series Wall System Receiver General For Canada Employer/Employee remit PP07/05 & 07/06 503,446 Industry Canada radio license renewals 5,345 RCMP contract Oct - Dec 2,711,345 RCMP clothing 2,326 RG Arenas (Maple Ridge) Ltd Ice rental Feb 46,374 Curling rink operating expenses Jan 12,950 Ridge Meadow Comm Arts Council Art Centre grant Apr 36,871 Program revenue Jan & Feb 62,235 Theatre rental 126 Ridgemeadows Recycling Society Monthly contract for recycling Mar 72.602 Weekly recycling 170 27,122 518,830 16,782 42.647 26,083 35.100 253,620 492.259 114.772 28,264 23,665 15,447 66,941 89,079 22,152 22,161 210,616 15,482 15,425 3,222,462 59,324 99,232 Litter pick-up contract 1.725 74.497 Sports Medicine Council Of BC Fitness training clinics 16.250 Terasen Gas Gas March 38,564 Tourism Maple Ridge&P.Meadows Service agreement 37,100 Ultra-Tech Cleaning System Ltd Maintenance Jan & Feb: Fire HaIls 2.448 Courthouse 1.647 Library 9.859 Municipal 1-laIl 8.046 Operations Centre 1.221 RCMP 7.631 30.852 Valley Landscaping Ltd Cottonwood North Park 30,658 West Coast Kinesiology Service Fitness programs 18.802 Disbursements In Excess $15,000 5,914,896 Disbursements Under $15,000 701.918 Total Payee Disbursements 6,616.814 Payroll PP 07/05, 07/06 & 07/07 1,563,045 Purchase Cards - Payment 92,174 TOTAL PERIOD 3 2007 DISBURSEMENTS 8.272.033 GMR Y:Finance\Accour1togAP Remittances (Disbursements)\2007\MonthIy Council Report 2007.xIsJMAR07 CORPORATION OF THE MAPLE RIDGE DISTRICT OF MAPLE RIDGE TO: His Worship Mayor Gordon Robson DATE: May S. 2007 and Members of Council FROM: Chief Administrative Officer ATTN: Council SUBJECT: 2006 Consolidated Financial Statements FILE NO: EXECUTIVE SUMMARY: On May 7th the Audit and Finance Committee met to discuss the 2006 Consolidated Financial Statements. During the meeting. the Manager of Accounting presented an overview of 2006 results and the District's external auditor was available to answer questions. The attached report and 2006 Consolidated Financial Statements were accepted by the Committee with a recommendation that they be forwarded to Council for formal receipt. RECOMMENDATION(S): That on the recommendation of the Audit & Finance conimittee, the report to the Audit & Finance committee dated April 18, 2007 and the 2006 Consolidated Financial Statements be received. DISCUSSION: The Audit and Finance Committee met on May 7th to review the 2006 Consolidated Financial Statements and accompanying report from the District's external auditors BDO Dunwoody. LLP. The Manager of Accounting presented an overview of the 2006 results and the committee had the opportunity to ask questions of staff and the auditor. The Audit and Finance Committee accepted the 2006 Consolidated Financial Statements and recommended that they be forwarded to Council. Prepared hi': Catherine Nolan, CGA Manager of Accounting e~l , , - - Approved hi.: Paul dil BTh. CGA Concurrence: J.L.Jim) Rule Chj'ef Administrative Officer CN :cn 113 CORPORATION OF THE MAPLE RIDGE DISTRICT OF MAPLE RIDGE TO: Audit & Finance Committee DATE: 18-April-2007 FROM: Manager of Accounting ATTN: FILE NO: SUBJECT: 2006 Consolidated Financial Statements EXECUTIVE SUMMARY: The 2006 Consolidated Financial Statements have been audited and will form an integral part of the 2006 Annual Report. The Municipality's Financial Position has moved from a Net Debt to a Net Asset position as a result of revenues exceeding expenditures by $5 million. This was due to a number of factors such as favorable revenues from investment earnings, property sales & building permits and planned capital expenditures that did not occur. Municipal reserves are sound and reflect a commitment to planning for a secure financial future for the residents of Maple Ridge. RECOMMENDATION(S): Receive for information. DISCUSSION: The 2006 Consolidated Financial Statements present the District's financial activities during the year and fmancial position as at December 31, 2006. Actual financial performance is compared to the financial plan used to set property taxation rates, adopted in May of 2006 and to prior year results. The transactions reported in the Consolidated Financial Statements are those that took place with outside parties; the effects of internal transactions, such as transfers between reserves, have been eliminated. BDO Dunwoody, LLP has conducted an audit of the 2006 financial statements and has issued an unqualified opinion. This is the highest form of assurance that an auditor can provide and indicates that the statements are free of material misstatement and that readers can rely on them for decision making. The 2006 financial plan provided for expenditures of $111 million and revenues of $95 million; the difference of $16 million was to be provided from Municipal reserves. If all of the activities in the financial plan had occurred it would have resulted in a decrease in financial assets and an increase in Net Debt to $18 Million. Actual financial activities resulted in an excess of revenues over expenditures of $4.8 million. This resulted in an increase in fmancial assets, and a Net Asset fmancial position of $4 Million. Consolidated Revenues—Actual revenues $88 million compared to a budget of $95 million Not all monies the Municipality receives are recorded as revenues when they are received. Monies, such as DCCs, certain grants and trust amounts, received for specific capital works are recorded as a liability (deferred or restricted revenue) until they are "earned" (when the related expenditures for the specific capital works occur). When we budget for DCC or grant funded capital expenditures we also budget to record the revenue which results in drawing down the liability. If the capital expenditures do not occur, no revenue is recorded and the funds on hand remain recorded as a liability. In 2006 consolidated revenues were below budget by $7 million. This is comprised of a $10 million shortfall on the capital side in expected DCCs and capital grants, offset by $3 million of favorable variances on the operating side. The shortfall in DCC and grant revenue does not contribute to the overall "bottom line" as the related capital expenditures did not occur. On the operating side favorable variances were realized from investment income, property sales and fees and charges, such as building permits and commercial property rentals. Key contributors to these variances were continued brisk development activity in Maple Ridge, the sale of properties in the ECRA building and a larger than expected investment portfolio, due to delays in the timing of planned expenditures. Consolidated Expenditures—Actual expenditures $83 million compared to a budget of $111 million. Overall, expenditures fell short of budget by $28.5 million for 2006. This shortfall was split between capital ($26 million) and operating ($2.5 million). Of the $26 million shortfall on the capital side, $10 million would have been funded by external sources such as DCCs and grants. The remaining $16 million has a favorable impact on 2006 fmancial results. The funding will be held in reserves until the projects proceed. On the operating side, savings from staff vacancies, the RCMP contract and reduced utility costs contributed $2.5 million to the overall expenditure variance. In accordance with policy a portion of the savings from the RCMP contract were transferred into the Police Services Reserve to support the future provision of protective services. Net Financial Position The Net Financial Position is one of the key indicators found on the Consolidated Statement of Financial Position, providing an idea of the extent to which revenues in the future will be needed to settle existing liabilities. At the end of 2005 the Municipality had a net debt financial position of $1 million; in 2006 consolidated revenues exceeded expenditures by $5 million, leading to a Net Asset position at the end of the year of $4 million. Segmented Reporting Periodically the Public Sector Accounting\Board (PSAB) issues recommendations intended to improve the quality of information found in government fmancial statements. For 2006 the Municipality has implemented a PSAB recommendation requiring fmancial information to be provided on a segmented basis. (See the Segment Report) Municipal services have been segmented by grouping activities by function. For example, protection of the public is achieved by activities such as bylaw enforcement and inspection services in addition to police and fire fighting services-so all of theseactivities are reported in the protective services segment. Revenues that are directly related to the costs of a function have been reported in each segment. The following table shows the Municipal departments included in each segment: REPORTING SEGMENTS ftriirmi Govt Protective W f*i (*1I.]n Public Health Transportation AI [rsonnel IPolice Dept IParks Planning Engineering 1Water f Sewer Clerks Fire Dept Leisure Svc Recycling Operations Admin Bylaws Youth Svc Cemetery Drainage Finance Inspection Svc Arts Social Planning Roads Purchasing Library Storm IS Legislative Economic Dev The segment report is laid out in the same fashion as the Statement of Financial Activities (Statement "B") but provides a finer level of detail. Capital and operating expenditures are shown separately, with operating expenditures broken down into the major categories of Goods & Services, Labour Costs and Debt Servicing. Commercial Tower operations are shown independently on the Segment Report. This report allows us to see at a glance how property taxation and other municipal resources are allocated to the services provided by each segment. For example, the segment for Protective Services shows a net allocation of $14.6 million, compared to a planned allocation of $25.6 million. Much of the variance is due to capital projects which are to be completed after 2006 year-end. As another example the segment titled Commercial Tower shows the lease revenues, associated costs and debt payments in relation to plan. Fund Balances At the end of 2006 Municipal fund balances totaled $51.6 million as compared to $48.8 million at the end of 2005. These amounts are detailed in Appendix "A" to this report. Fund balances are comprised of Reserve Funds ($28 million), Reserve Accounts ($14 million) and Surplus amounts ($9 million) held in the revenue funds. It is important to understand the differences in these. Reserve Funds are regulated by bylaw, and the monies held in each reserve fund may only be used for the purpose outlined in the bylaw. Reserve Accounts function in much the same way as reserve funds, but as they are not regulated by bylaw they offer a more flexible management tool for fmancial planning. Surplus amounts in each of the revenue funds represent accumulated "savings". Accumulated surplus is discussed in more detail in the next section.. Of the amounts held in reserves at the end of 2006 $16 million is related to planned capital works budgeted for completion before the end of 2007. Accumulated Surplus As noted in the previous section, revenue fund accumulated surplus contributes to Municipal "savings" over time. At the end of 2006 the Municipality had revenue fund accumulated surplus of $9 million. This was attributed to each of the revenue funds as follows: General Revenue $2.4 million Sewer Revenue $3.4 million Water Revenue $3.3 million By adopting a rate stabilization policy for the Utilities, Council has been able to smooth the impact of increasing costs for water purchases and regional capital construction passed on to rate payers through the Greater Vancouver Water and Sewer & Drainage Districts. This policy has allowed the Municipality to develop long-term financial plans that provide rate payers with some certainty about costs and to provide for our future infrastructure needs. In the General Revenue Fund we ended 2005 with an accumulated surplus amount of $4.2 million. At the beginning of 2006 Council addressed some outstanding issues by allocating $1.6 million of this amount to the following: Self Insurance Reserve $ 700,000 Critical Infrastructure Reserve (new) 600,000 Fund equipment purchases 324,000 $1 .624.000 This was in addition to other general revenue funded activities amounting to $200,000 During the 2007 - 2011 Business Planning deliberations we had projected favorable 2006 operating results of $1.5 million, based on results to the end of the third quarter. Based on this projection Council supported the following initiatives planned for 2007: Growth Funding (Parks) $ 150,000 Growth Funding (Operations) 30,000 Animal Shelter 52,500 Succession Planning 400,000 Downtown Renewal 565,000 Fire Department Capital Acquisition 51,000 Emergency Generators 156,000 Building Permit Reserve 150,000 $ 1.554.500 Actual general revenue operating results were favorable by $760,000. Factors contributing to this were the impact of BC Assessment appeals on tax revenue, and an increase in personnel related liabilities, due in part to the results of an actuarial assessment of future employee benefits. Nonetheless, the Municipal financial position remains strong. CONCLUSIONS: The Municipality's reserves are sound and long-term financial plans reflect the ability of the Municipality to meet its future obligations. Comparing 2006 financial performance against budget, higher revenues from investment income, property sales and fees & charges, staff vacancies, RCMP contract savings, reduced utility costs and capital projects not completed contributed to overall positive results. Capital project expenditures are expected to occur in the future, so the impact from capital is temporary. The Net Financial Position is now in a Net Asset Position of $4 million. (i'J&Lc Prepared by: Catherine Nolan, CGA Manager of Accounting . ch—. Approved by. Paul Gill, BBA, CGA GM Corporate and Fin1i)ervices IQ ~~~ 06-~~~ Concurrence: J.LJ(Jim) Rule Chief Administrative Officer CN:cn Appendix "A" 2006 2005 2004 2003 2002 2001 2000 1999 1998 ACCUMULATED SURPLUS General Reve ue $ 2,442.301 $ 4,203,057 $ 2427,032 $ 5,115,278 $ 5,608328 $ 5,170,866 $ 4,777,031 $ 3,595,115 $ 3081,283 Sewer Revenue $ 3,401,602 $ 4,021,712 $ 5.514,958 $ 7,662,167 $ 8,419.480 $ 9,020,906 $ 9,343,162 $ 5,432,249 $ 5,263,237 Water Revenu 3 $ 3,353,988 $ 2,846,785 $ 2,976,257 $ 3,599,484 $ 3,572,771 $ 3,826,317 $ 2,770,453 $ 1,973,505 $ 2,274,860 $ 9,197,891 $11,071,554 $10,918,247 $16,376,929 $17,600,579 $18,018,089 $16,890,646 $11,000,869 $10,619,350 RESERVE FUND: Local Improve ent $ 1,771,407 $ 1,630,531 $ 1.422.250 $ 1,062,373 $ 857,163 $ 771,985 $ 1,075,820 $ 76,578 $ 348,526 Equipment Re lacement $ 7,095.537 $ 5,918,359 $ 5,430,794 $ 4,856,072 $ 3,899,599 $ 3,533,790 $ 3,205,339 $ 2,608,561 $ 2,362,523 Capital Works $10,600,326 $10,393,493 $ 9,478,427 $ 4,165,963 $ 5,009,161 $ 7,794,488 $ 6,571,103 $14,680,728 $11,891,498 Fire Dept Capi Al $ 6,775,809 $ 6,050,724 $ 5,472,814 $ 4,898,565 $ 3,985,330 $ 3,788,435 $ 3,366,300 $ 2,997,810 $ 2,510,727 Sanitary Sewe $ 1,372,742 $ 2,376,005 $ 2,301,374 $ 2,231,852 $ 2,153,275 $ 2,077,589 $ 1,972,724 $ 1,899,749 $ 1,814,911 Land $ 256,768 $ 463,331 $ 377,029 $ 911,160 $ 544,724 $ 1,250,819 $ 1,197,881 $ 1,092,711 $ 825,575 $27,872,589 $26,832,443 $24,482,688 $18,125,985 $16,449,252 $19,217,106 $17,389,167 $23,356,137 $19,753,760 Capital Fund $ 393,749 -$ 1,638,163 -$ 1,033,061 -$ 2,792,681 -$ 2,400,656 4 8,296,942 -$14,134,857 -$ 7,735,355 -$ 6,377,648 nds $ 28,266,338 $25,194,280 $ 23,449,627 $15,333,304 $ 14,048,596 $10,920,164 $ 3,254,310 $15,620,782 $13,376,112 Net Reserve F GENERAL REVEh UE RESERVE ACCOUNTS CarryForward -Capital $ 3.344,791 $ 3,615,454 $ 3,844,648 $ 3,256,914 $ 2,833,491 $ 5,059,408 $ 4,053,166 $ 4,268,687 $ 7,021,639 Carry Forward - OperatIng $ 1,607,441 $ 1,304.871 $ 1,385,593 $ 1,794,343 Self Insurance $ 787,729 $ 11,015 $ 676,264 $ 676,265 $ 403,691 $ 550,474 $ 581,148 $ 630.654 $ 558,094 Protective Ser,11ces $ 1,979,364 $ 1,504,580 $ 1,248,979 $ 559,107 $ 103,148 $ 31,446 $ 29,883 $ 28,416 $ 27,132 Core $ 620,938 $ 835,713 $ 1,072,802 $ 1,526,765 $ 2,655,519 $ 2,861,989 $ 9,698,338 $ 188,521 $ 180,000 Recycling $ 1,428,698 $ 1,301,754 $ 1,149,400 $ 819,623 $ 716,873 $ 554,773 $ 741,125 $ 813,839 $ 444,850 CommunhtyD velopment $ 1,092 $ 1,053 $ 1,020 $ 989 $ 955 $ 921 $ 60,518 $ 1,025,314 $ 1,060,890 Building Inspe tions $ 457,461 $ 441,590 $ 427,730 $ 414,812 $ 439,505 $ 424,045 $ 402,963 $ 480,404 $ 460,386 Gravel Extraci n $ 482,519 $ 475,63 $ 442898 $ 420,473 $ 413,739 $ 391,359 $ 468,917 $ 415,776 $ 321,290 Neighbourhood Improvements $ 54,525 $ 52,634 $ 50,982 $ 49,441 $ 47,701 $ 46,022 $ - $ 74,353 $ 76,613 Snow Remova $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 $ 200,000 VouthCentre $ 8.535 $ 11,010 $ 41,500 $ 41,500 $ 41,500 $ 21,500 $ 20,000 FacilityLifecyce $ 87,187 $ - $ 74,106 $ $ - $ 19,443 $ $ 430,438 $ 709,041 Cemetery Mai tenance $ 139,347 $ 117,821 $ 102,263 $ 133,168 $ 137,999 $ 35230 $ 650 Service Sever nce $ - $ 63,630 $ 63,630 $ 63,630 $ 63,630 $ 63,630 $ 63,630 $ 430,595 $ 430,595 Landfill $ - $ 39,389 Critical lnfrastr icture $ 518,794 $11,718,421 $ 9,936,388 $10,781,815 $ 9,957,030 $ 8,057,751 $10,260,240 $16,320,338 $ 8,786,995 $11,330,119 WATER & SEWEF RESERVE ACCOUNTS $ 2,471,009 $ 2,616,475 $ 2,354,456 $ 1,792,092 $ 1.513,600 $ 1,980,213 $ 2,196,170 $ 1,920,109 $ 153,785 Total Reserve 3 & Accumulated Surplus $51,653,659 $48,818,697 $47,504,145 $43,459,355 $41,220,526 $41,178,706 $ 38,661,464 $37,328,755 $35,479,396 Less: Debenture De t -$ 409,813 -$ 2,396,197 -$ 3,550,429 -$ 3,767,690 -$ 5,317,072 -$ 7,157,615 -$ 9,701,007 -$11,776,508 -$13,446,788 Core Llabilitii -$47,327,599 -$47,381,647 -$48,209,639 -$30,477,445 -$30,841,556 -$20,042,775 -$ 6,356,280 Net Financial Assi its (Debt) $ 3,916,247 -$ 959,147 -$ 4,255,923 $ 9,214,220 $ 5,061,898 $13,978,316 $22,604,177 $25,552,247 $22,032,608 Schedule 14 RESTRICTED RE ENUES Development Cost Charges $31,047,111 $21,796,131 $18,966,755 $19,814,130 $17,093,249 $11,263,800 $ 8,613,116 $ 9,957,412 $ 9,778,058 ParkiendAcqusltlon $ 1,717,500 $ 1,847,870 $ 1,522,399 $ 1,244,958 $ 918,340 $ 957,868 $ 823,751 $ 3,493,494 $ 3,262,359 Downtown Pai Ing Facilities $ 129,821 $ 125.318 $ 121.388 $ 117.721 $ 113,578 $ 109,584 $ 104,136 $ 99,028 $ 57,125 Schedu'e 7 Developer Spa tied Projects $ 3,805,309 $ 3,683,077 $ 3,401,177 $ 2,973,737 $ 2,877,685 $ 2,703,684 $ 2,776,309 $ 2,534,241 $ 2,543,121 Total Restricte Revenues $36,699,741 $ 27,252,396 $24,011,719 $24,150,546 $21,000,852 $ 15,034,934 $12,317,312 $ 16,084,175 $15,640,663 çk toj The Corporation of the District of Maple Ridge Financial Statements and Auditor's Report For the Year Ended December 31. 2006 kL Management's Responsibility For Financial Reporting The information in this Annual Report is the responsibility of management. The consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles as outlined under "Significant Accounting Policies" on pages 3 to 5. These include some amounts based on management's best estimates and careful judgment. Management maintains a system of internal accounting controls to provide reasonable assurance that assets are safeguarded and that transactions are authorized, recorded, and reported properly. Management also administers a program of proper business compliance. BDO Dunwoody LLP, the Municipality's independent auditors, has audited the accompanying financial statements. Their report accompanies this statement. Council carries out its responsibility for the consolidated fmancial statements principally through its Audit Committee. The Committee meets with management nine times on a scheduled basis and at least semi-annually with BDO Dunwoody LLP to review their activities and to discuss auditing, internal control, accounting policy, and financial reporting matters. BDO Dunwoody LLP has unrestricted access to the Municipality, the Audit Committee, and Council. The Audit Committee reviews the consolidated financial statements with management prior to submission to Council for approval. It also reviews the recommendations of the independent auditors for improvements to controls and as well as the actions of management to implement such recommendations. Paul Gill. CGA J/m Rule' General Manager: Corporate & Financial Services hief Administrative Officer Annual Report 2006— District of Maple Ridge B EDO Charrred Accitats 6O CathMml PLace - 5 W C,eaS:. Vscomer. BC Cnada.V5C3L Tphe: (504) 6S-541 Teth (&n4) 6CS-5132 Audiltors' Report To the Mayor and Councillors of the Corporation of the Distnct of Maple Ridge Ve i-ave ajdrtec ttle nsocatec S3temer1 of ;nanc,a ositon of the Corooraton of the Disrc of MacIc Ri.ge as at De:emter 3 20 ancl tre Ccrs.oldated Staternens of FnanGia .Actvties and Cnange in Cash ard Temccrary nesrner\ts fcr tI'e yea ti-er erdec. These financial statements are die espor.siciiy of ti-c Disrict's ni3rae'er.t. Our responsici :y is to express an ocinion on ti-eec financaal statements based on our aucr .'e CCICJCCZ1 cur ai.dit in acccdarc wth Canathar general:y accected auditing standards. Those sanards reJi-e :1-at we plan anc oeCm ar audi: to oban easor.ale assurance wtether*'e financial statements ac free cf mateial rissta:emert An audi: 'rc.udes exam:nng. on a tes Oasrs, evidence supoorting the amounts and c:sc osures in vie financial statements. An audi: also induces assessing the aoocunrig pnnciplee used and significant estmates mace by mar.agernen:. as well as ealuadng he overal financal sr.atement oreseritation. In ou c.oirion. t'ese firana sta:emen:s present -airy. ir at material resoects. the financial posrior of the District as at December 31 20e an +e resuts 0' its operations ano As cash flows for tne yea tnen ended r accOrdance wif 3rlaai.3n gerea1 y accounting piricioles. Our auc 7 was mace 'or fe ourpose of formng an opinior or tie oonsoldated flnanic4al statements taker' as a whole. The sJcoemertary information Induded in the Segment Reco.t and 'n St3temerta througf' 3 and Echedules 1 tnrough 14 is oresented for purposes of additional analyss. Suc.n sugplemen:ary information has been sub!Ccte-d to :1-c auth:ing pocec1res aop.ieo in ti-c sueT: of s -ic coniscliaa:ed flnancia' statements anic. in ow ociniori is fairy ststec. n all niatenal resoects. ir relation to tie consolidated financial statements taker as a whole. Infomiation in the Statistics Section is orepared without audit :;? 2.l7 Lf' Chartered Accourtar.ts Vancouver. Bitisn Couniba Marct' 14. CJ7 Annual Report 2006- District of Maple Ridge (a) Significant Accounting Policies For the year ended December 31. 2006 Reporting Entitt , and Basis of C'onsolidation These financial statements have been prepared using recommendations issued by the Public Sector Accounting Board of the Canadian institute of Chartered Accountants. They consolidate the activities of the General. Water and Sewer. Operating and Capital Funds, the Reserve Funds, and Municipality's wholly owned subsidiaries C.D.M.R. Developments Ltd. and Maple Ridge Municipal Holdings Ltd. The operating activities of the subsidiary companies are included in the General Revenue Fund and the Capital activities of the subsidiary companies are included in the General Capital Fund. Operating Funds - As at December 31, 2006 the fund balances were as follows: 2006 2005 $ 2,442,301 $ 4.203.057 3,401,602 4,021,712 3,353,988 2.846.785 9,197,891 11,071,554 General Revenue Fund Sewer Revenue Fund Water Revenue Fund Capital Funds - As at December 31, 2006 the fund balances (deficiencies) were as follows: General Capital Fund Sewer Capital Fund Water Capital Fund Reserves - As at December 31. 2006 this balance was comprised of the balances shown in Schedule 14. Reserve Funds Total Fund Balances Long Term Liabilities - These liabilities are incurred to fund capital expenditures Debenture Debt - comprised of the debts shown on Schedule 2 Mortgage Liability Long Term Liabilities Net Assets (Debt) 393,749 (561,934) - (1,065.268) - (10,961) 393,749 (1,638,163) 42,062,019 39,385,306 51,653,659 48.818.697 (47,737,412) (33,051,518) - (16.726.326) (47,737,412) (49,777,844) (b) Accrual Accounting The accrual method for reporting revenues and expenditures has been used. Revenues are recorded in the period they are earned. Expenditures are recorded as the cost of goods or services in the period they are obtained. Annual Report 2006— District of Maple Ridge 3 ! Significant Accounting Policies For the year ended December 31. 2006 Revenue recognition Taxation Annual levies for non-optional municipal services and general administrative services are recorded as Taxes for municipal purposes. Levies imposed by other taxing authorities are not included as Taxes for municipal purposes. Taxes are recognized as revenue in the year they are levied. Through the British Columbia Assessments appeal process Taxes may be adjusted by way of supplementary roll adjustments. The affects of these adjustments on Taxes are recognized at the time they are awarded. User fees and other revenue Charges for sewer and water usage are recorded as User fees and other revenue. Senior government transfers Unconditional grant revenue is recognized when it is received. Conditional grant revenue is recognized to the extent the conditions imposed on it have been fulfilled. Development revenue Receipts which are restricted by the legislation of senior governments or by agreement with external parties are reported as Restricted Revenues at the time they are received. When qualifying expenditures are incurred restricted revenues are brought into revenue as Development revenue. Restricted Revenues are comprised of the amounts and transactions shown on Schedule 7. Investment Income The Municipality invests in pooled funds of the Municipal Finance authority of British Columbia. Earnings of these funds are allocated to the members from time to time based on the market value of the pool. The Municipality recognizes only its share of the realized earnings of the pool. This revenue is recorded as investment income and the amount is added to the cost of the units held. To the extent that financial instruments have no stated rate of return investment income is recognized as it is received. Local Improvement Revenue The Municipality records capital expenditures for property and equipment funded by local improvement agreements as they are incurred. Revenues are recognized as Development revenue at the time of the expenditures to the extent that they will be recoverable. Local improvement levies subsequently imposed under the acreement are recorded as User fees and other revenue for the portion that pertains to a carrying charge. Proceeds from disposal ofproperty and equipment Proceeds from the sale of tangible Property and equipment are recognized as revenue at the time of sale. Consolidated expenditures Consolidated expenditures reported on the Consolidated Statement of Financial Position are reported by function and include operating, capital and interest costs and are net of internal equipment allocations. Reporting by object (type) of expenditure is included in the Segment Report. Property and equipment Property and equipment purchased or constructed and work in process are reported as capital expenditures and are classified according to their functional use. Property and equipment donated are reported at fair market value at the time of the donation. Accumulated capital expenditures, net of disposals, are reported on Schedule I. Depreciation is not recorded. ( Subdivision infrastructure Subdivision streets, lighting, sidewalks, drainage, and other infrastructure are required to be provided by subdivision developers. Upon completion they are turned over to the Municipality. The Municipality is not involved in the construction and does not budget for either the contribution from the developer nor the capital Annual Report 2006— District of Maple Ridge Significant Accounting Policies For the year ended December 31, 2006 expenditure in its financial plan. The budget figures presented on the financial statements are equal to the value of infrastructure turned over to the Municipality during the year. Use of estimates/measurement uncertainty The preparation of financial statements in accordance with Canadian generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenditures during the reporting period. Significant areas requiring use of management estimates relate to the determination of employee future benefits, the outcome of litigation and claims, and the percentage of completion of building and subdivision inspections. Actual results could differ from those estimates. The Municipality monitors and treats contaminates produced at a solid waste landfill site it closed in 1989. The eventual expenditures the Municipality intends to incur related to the site are not determinable and no accrual for them has been recorded. Monitoring and treatment expenditures are recognized as they are made. Budget figures The budget figures used are based on the five year financial plan adopted May 9, 2006. Contributed subdivision infrastructure for 2006 has been added to the adopted financial plan amounts in order to better demonstrate comparability with the actual results. Financial instruments The Municipality's financial instruments consist of cash and temporary investments, portfolio investments, accounts receivable, recoverable local improvements, other assets, accounts payable and accrued liabilities, refundable performance deposits, mortgage liability, other assets, and debenture debt. Unless otherwise indicated, it is management's opinion that the Municipality is not exposed to any significant interest, credit, or currency risks arising from these financial instruments. Investments Investments and pooled investments are reported using the cost method. Provisions for declines in the market value of investments are recorded when they are considered to be other than temporary. Declines in the market values of investments are considered to be other than temporary when the carrying value exceeds market value for more than three years. Cost share agreement The Municipality participates in a cost share agreement with the City of Pitt Meadows to provide all of the Recreation and cultural services and maintain all of the parks in both municipalities. The Municipality recognizes expenditures at their gross value and records the City of Pitt Meadows' contribution as revenue. (I) Basis of segmentationegment report The Municipality has adopted the new Public Sector Accounting Board recommendation requiring financial information to be provided on a segmented basis. Municipal services have been segmented by grouping activities that have similar services objectives (by function). Revenues that are directly related to the costs of the function have been attributed to each segment. Expenditures reported for each segment include an allocation for internal equipment charges. interest is allocated to functions based on the purpose of specific borrowings. Annual Report 2006— District of Maple Ridge , Statement A The Corporation of the District of Maple Ridge Consolidated Statement of Financial Position As at December 31, 2006 2006 2005 Financial Assets Cash and temporary investments (note 1) Portfolio investments (note 1) Accounts receivable (note 2) Recoverable local improvements (note 3) Other assets (note 7) Liabilities Accounts payable and accrued liabilities (note 5) Deferred revenues Restricted revenue (schedule 7) Refundable performance deposits and other Employee future benefits (note 8) Mortgage liability (note 9) Debenture debt (note 6, schedule 2) Net Financial Assets (Debt) ~ -1~1 PA General Manager: Corporate & Financial Services S 28,066,766 $ 32,540.017 67,030,331 49.985.738 15,355,354 10.279,008 814,774 1,382,647 611,828 1,000.530 111,879,053 95,187,940 10,299,934 8,425,253 6,678,982 5,004.596 36,699,742 27,252,397 2,631,336 2,099.223 3,915,400 3,587,774 - 16,726,326 47,737,412 33,051,518 107,962,806 96.147,087 S 3,916,247 $ (959.147) yAnWRoth Mayor, District of Maple Ridge The notes to the Consolidated Financial Statements are an integral part of this statement Contingencies. Commitments and Unrecognized Liabilities (Note 10) Annual Report 2006— District of Maple Ridge The Corporation of the District of Maple Ridge tatement B Consolidated Statement of Financial Activities For the Year Ended December 31. 2006 Actual Budget Actual 2006 2006 2005 5 75,308,285 33,086,948 42,221,337 42.343,437 38,946.352 24.568.587 22.930.485 22,337.116 5,065,681 13,744,461 4.667,930 2,487,939 3,456,888 2,291,237 1,991,210 1,317,446 (852,782) 2,455,874 2,455,874 1,794,996 2,271,515 525,221 - 725,244 10,848,250 10.848.250 26.284,692 88,172,889 95,118.517 97,524.086 19,173,524 29,533,968 16.387,421 9,406,722 16,451,894 10,023,304 17,872,291 21,845.722 15,419,618 7,684,719 9,253,603 6,962.383 5,981,985 8.274.568 6,258,777 9,553,553 11,798.807 10,597,951 2,607,170 3,651,778 2,293.164 169,283 - 10,848,250 10.848,250 26,284,692 83,297,497 111,658,590 94,227,310 4.875.392 (16,540,073) 3.296,776 (2,398,105) (2,338,296) (1,982,224) 357,675 - - 2,834,962 (18,878,369) 1,314,552 48.818.697 48.818,697 47,504,145 5 51,653,659 S 29,940,328 $ 48,818,697 Revenue Taxes (schedule 3) Real property, special assessments, grants in lieu Less: Collections for other authorities Taxes for municipal purposes User fees and other revenue (schedule 4) Development revenue (schedule 5) Senior government transfers (schedule 6) Interest and investment income Investment income interest income Less: Deferred amount Asset.disposal proceeds and other gains Contributed subdivision infrastructure Expenditures (statements 1 and 2) Protective services Transportation services Recreation and cultural \Vater utility Sewer utility General government Planning, public health and other Increase in allowance for investments Subdivision infrastructure Excess (Deficiency) of Revenue over Expenditures Principal Repaid (net of refinancing) Debt issued Increase in Fund Balances Fund Balances Beginning of the Year Fund Balances End of the Year The notes to the Consolidated Financial Statements are an integral part of this statement Contingencies. Commitments and Unrecognized Liabilities (Note 10) Annual Report 2006— District of Maple Ridge 7 S 4,875,392 $ 3,296,776 (5.076,347) (93,667) 567,873 299.954 388.702 (323.076) (4,119,772) (116,789) 1,874,683 185,825 1,674,387 894.229 9,447,345 3,240,678 327,626 416,172 532,114 162083 13,856,155 4,898,987 I Statement C The Corporation of the District of Maple Ridge Consolidated Statement of Change in Cash and Temporary Investments For the Year Ended December 31. 2006 Actual Actual Cash and Temporary Investments Provided by (Used For): Operations: Excess (Deficiency) of Revenue over Expenditures Decrease (Increase) in Non-Cash Financial Assets Accounts receivable Recoverable local improvements Other assets Increase in Short Term Liabilities Accounts payable Deferred revenues Restricted revenues Employee future benefits Refundable performance deposits and other Financing: Principal repaid Long term debt issued Investing: (Increase) decrease in portfolio investments (Decrease) increase in Cash and Temporary Investments Cash and Temporary Investments - Beginning of Year Cash and Temporary Investments - End of Year The notes to the Consolidated Financial Statements are an integral part of this statement Contingencies. Commitments and Unrecognized Liabilities (Note 10) (18,340,433) (1,982,224) 16,300.000 - (2,040,433) (1.982,224) (17,044,593) 2.094,742 (4,473,251) 8,191,492 32540,017 24,348,525 S 28,066,766 $ 32,540.017 8 Annual Report 2006— District of Maple Ridge Notes to the Consolidated Financial Statements For the Year Ended December 31. 2006 Cash and Investments: Cash and Temporary investments: Cash and temporary investments as at December 31, 2006 were comprised as follows: QQ Cash S 3,250,031 $ 8.205.507 Temporary Investments 24,816,735 24.334.510 S 28.066.766 532.540.017 Temporary Investments are bank term deposits and Guaranteed Investment Certificates with effective interest rates of 4.43% - 4.9%. Additionally, the Municipality holds temporary investments of $1,345,047 ($855,869 for 2005) and agreements receivable of $1.153,668 ($406,403 for 2005) for trUStS which are not reported elsewhere in the financial statements. They are held for the following trusts: Balance Interest Balance Dec. 31,2005 Earned Receipts Disbursements Dec. 31.2006 Latecomer Fees S - $ - $ 131,004 $ 28,194 S 102,810 Cemetery Perpetual Care 548,494 22,074 38,065 22.074 586,559 Greater Vancouver 713,778 - 2.048,997 953,429 1,809,346 Sewer & Drainage District 51.262.272 $ 22.074 S 2.218.066 S 1.003.697 52.498.715 Portfolio investments Portfolio investments include Provincial Government Bonds and Bank Notes with effective interest rates of 3.8- 4.1%. They also include equity-based Bank Notes and pooled investment funds administered by the Municipal Finance Authority of British Columbia, neither of which has a stated rate of return. The carrying value of securities is based on the cost method whereby the cost of the security is adjusted to reflect investment income, which is accruing, and any permanent decline in market value. The carrying value of Portfolio Investments, net of an allowance of $169,283 (Nil for 2005), at December 31, 2006 was $67,030,331 ($49,985,738 for 2005). The market value at December 31. 2006 was $65,910,491 ($48,780,688 for 2005), included in this amount is $7,500,000 ($7,500,000 for 2005) for securities shown at cost for investments for which there is no active market. Accounts Receivable: 2006 2005 Property Taxes $ 3,158,192 $ 3,384,389 Other Governments 881,928 610,224 General and Accrued Interest 2,585,841 1,781,517 Development Cost Charges 8.893,135 4.5 12.230 15,519,096 10,288,360 Less Allowance for Doubtful Accounts (163,742) (9,352) 515.355.354 $ 10.279.008 Annual Report 2006— District of Maple Ridge 9 Notes to the Consolidated Financial Statements For the Year Ended December 31, 2006 3. Recoverable Local Improvements The Municipality provides interim financing for certain geographically localized capital projects. It recovers these amounts either from the benefiting property owners or from provincial subsidies. As at December 31, 2006 the recoverable balance was comprised as follows: 2006 2005 Recoverable from property owners Transportation and drainage projects $ - $ 181.976 Local improvement fund projects 591,083 793,319 Sewerage projects 8.517 16.353 599,600 991,648 Recoverable from Province Sewerage projects 206,155 354.033 Water system projects 91019 36,966 215.174 390.999 S 1.382.647 Pension Plan The Municipality and its employees contribute to the Municipal Pension Plan (the "Plan"), a jointly trusted pension plan. The board of trustees. representing plan members and employers, is responsible for overseeing the management of the pension plan, including investment of the assets and administration of the benefits. The pension plan is a multi-employer contributory pension plan. Basic pension benefits provided are defined. The plan has about 130.000 active members and approximately 48,000 retired members. Active members include approximately 30.000 contributors from local governments. Every three years an actuarial valuation is performed to assess the financial position of the Plan and the adequacy of plan funding. The most recent valuation as at December 31, 2003 indicated an unfunded liability of $789 million for basic pension benefits. The next valuation will be as at December 31, 2006 with results available in 2007. The actuary does not attribute portions of the surplus to individual employers. The above disclosure represents the most current information at the time of the Municipality's 2006 financial audit. Employer contributions to the Plan for 2006 were $1,266,984 ($1,019,441 for 2005) they are included in consolidated operating expenditures. Employee contributions for 2006 were $1,145,208 ($941,983 for 2005). Accounts Payable and Accrued Liabilities: 2006 2005 Accounts Payable: General $ 2,893,433 $ 2,575,051 Other Governments 5,712,422 4,443.046 Salaries and Wages 915,846 863.700 9,521,701 7,881,797 Accrued Liabilities: Vacation Pay 503,234 399,234 Other vested benefits 274,999 144.222 778.233 543.456 S8.425.253 10 Annual Report 2006— District of Maple Ridge Notes to the Consolidated Financial Statements For the Year Ended December 31, 2006 Debenture Debt: Debt principal is reported net of Sinking Fund balances and interest expense is reported net of Sinking Fund earnings. During the year the Municipality discharged the Mortgage liability held with Toronto Dominion bank and replaced the liability with debenture debt in the amount of$ 16,300,000 from the Municipal Finance Authority. The Municipality carries no debt for others. The Debenture debt issued and outstanding as at December 31, 2006 was $47,737,412 ($33,051,518 for 2005). The following debenture debt amounts plus related interest are payable over the next five years. 2007 2008 2009 2010.. 2011 $1,812,793 $1,794,001 $1,727,113 $1,760,031 $1,779,974 As at December 31, 2006 the Municipality has approved but un-issued debenture debt in the amount of $700,000 under Loan Authorization Bylaw 6246 which expires in 2011. Other Assets: Debt Reserve Fund: The Municipal Finance Authority of British Columbia provides capital financing for regional districts and their member municipalities. The Authority is required to establish a Debt Reserve Fund. Each regional district, through its member municipalities who share in the proceeds of a debt issue, is required to pay into the Debt Reserve Fund certain amounts set out in the debt agreements. The Authority pays into the Debt Reserve Fund these monies from which interest earned thereon less administrative expenses becomes an obligation to the regional districts. It must then use this fund, if at any time there are insufficient funds, to meet payments on its obligations. If this occurs the regional districts may be called upon to restore the fund. Upon the maturity of a debt issue the unused portion of the Debt Reserve Fund established for that issue will be discharged to the Municipality. The Municipality has estimated that there is only a remote possibility that these funds will not be paid to it and therefore these funds have been included in Other Assets of $611,828 ($1,000,530 for 2005). Annual Report 2006— District of Maple Ridge Notes to the Consolidated Financial Statements For the Year Ended December 31, 2006 8. Employee Future Benefits The Municipality provides employee future benefits in the form of severance benefits and vested and non-vested sick leave to qualifying employees. These benefits are not separately funded. Severance benefits are cash settlements paid to employees who cease their employment with the Municipality after a specified period of time. Full time employees hired before February 11, 1999 qualif' for five days pay per year of employment, provided they either work a minimum of twenty years with the Municipality or retire as defined by the Public Sector Pension Plan Act. Full time employees hired after February 11, 1999 qualif' for twenty days pay provided they work a minimum often years with the Municipality and retire as defined by the Public Sector Pension Plan Act. The Municipality permits full time employees to accumulate up to 18 days per year of service for future illnesses up to a maximum of 250 days. For certain qualif'ing employees a portion of this benefit vests: for the balance this benefit does not vest and cannot be converted to any other type of benefit. An actuarial valuation of these benefits was performed to determine the Municipality's liability and accrued benefit obligation as at December 31, 2005 and updated for December 31, 2006. The valuation resulted in an unamortized actuarial gain of $59,100 at December 31, 2006. The benefit liability at December 31, 2006 was $3,915,400 ($3,587,774 for 2005) is comprised as follows: 2006 MU Benefit Liability - Beginning of the year $3,587,774 $3,171,602 Add (less): Unamortized actuarial gains (losses) 76.326 - Accrued benefit obligation - Beginning of the year 3,664,100 3,171.602 Add: Total liability related costs Current service costs 241,800 396,697 Interest on accrued benefit obligation 178,400 185,706 Amortization of actuarial losses (gains) 76,326 - 496,526 582,403 Less (Add): Liability related costs not increasing accrued benefit obligation - 76,326 - amortization of actuarial loss. Actuarial gain (loss) 59,100 (76,326) Benefits paid during the year 168,900 166.231 304,326 89,905 Accrued Benefit Obligation - End of the year 3,856,300 3,664,100 Add (less) Unamortized actuarial gains (losses) 59,100 (76.326) Benefit liability - end of the year S3.915.400 $3,587,774 Actuarial assumptions used to determine the Municipality's accrued benefit obligation are as follows: 2006 2005 Discount rate (long-term borrowing rate) 4.50% 5.65% Expected future inflation rate 2.50% 5.65% Merit and inflationary wage and salary increases averaging 4.55% 5.65% 12 Annual Report 2006— District of Maple Ridge Notes to the Consolidated Financial Stateitients For the Year Ended December 31. 2006 Mortgage Liability During 2004 the Municipality's subsidiary company assumed a mortgage with the Toronto Dominion bank as part of the acquisition of the town centre properties. The mortgage amount ($16.692.115) plus accrued interest ($41,283) was assumed at a rate (6.5%) which was unfavorable in relation to borrowing rates which were prevalent at the time. The mortgage liability was revalued at the present value of the payments required under the mortgage using the Municipality's cost of borrowing. This resulted in an increase in the liability by $997,469 which was accounted for as a discount in proceeds received. The discount was amortized over the remaining term of the mortgage. The mortgage matured in November of 2006 and was refinanced with Municipal Finance Authority debenture debt at a rate of 4.99°,'o. (Note 6) The Mortgage Liability December 31. 2006 was Nil ($16,726,326 for 2005) comprised as follows Interest Principal expense and payments and Balance amortization amortization Balance Dec31.2005 in2006 in2006 Dec31,2006 Mortgage Payable $16,284.106 $ 908,616 $16,284,106 $ - Discount 442.220 (442,220) 442,220 - Mortgage Liability $l6.726.326 S 466.396 5 16.726.326 S - Contingencies, Commitments and Unrecognized Liabilities: Third Party Claims Where losses related to litigation are likely and can be reasonably estimated management accrues its best estimate of loss. For 2006 this estimate is $612,116 ($534,000 for 2005). The Municipality is further exposed to losses with respect to claims, the likelihood of which is not known. Management estimates that the exposure is approximately $63,000. This estimate is based on the deductible portion of insurance claims and on the mid-range of other non-insurable claims. Additional accounts payable, if any, will be recorded in the period they become determinable. Contractual Obligations (i) Sewer and Water (a) Under cost sharing agreements with the Greater Vancouver Water District, the Municipality is committed to make annual payments as follows: Until the year 2007 totaling $20,223 plus related interest for the water reservoir on Dewdney Trunk Road at 248th Street. the current annual payment is $87,149 including interest until 2007 when the payment terms are to be renegotiated. Until the year 2012 totaling $104,370 plus related interest for the water main joint 1. Current annual payment is $226,736 including interest until 2012. Annual Report 2006— District of Maple Ridge 13 Notes to the Consolidated Financial Statements For the Year Ended December 31. 2006 Under a cost sharing agreement with the Greater Vancouver Sewerage and Drainage District, the Municipality is committed to make annual payments until 2012 totaling $870,307 plus related interest for facilities in the Maple Ridge/Pitt Meadows sub-area. The current annual payment is S220.482 plus interest. The Municipality has entered into a cost share agreement with the Greater Vancouver Water District for the construction of infrastructure. Under this agreement the Municipality expects to incur liabilities of approximately $9,000,000 over the next seven years. The liability will be recorded as the related costs are incurred. (iz) Recreation and Cultural Services (a) In 1998 the Municipality entered into an agreement to purchase ice sheet time for five years commencing in 1999, with a five-year renewal option. In January 2004 the Municipality renewed the agreement for an additional five-year period. The minimum annual payment due for the provision of ice time is $552.225. These payments are recorded as expenditures when the ice time is provided. (c) Contingent Gains In 1998 the Municipality provided financial assistance, including property appraised at $2.2 Million, to the Maple Ridge Elderly Citizen Recreation Association in order to enable them to construct a residential housing complex for senior citizens. in exchange for the assistance, the Association agreed to place restrictive covenants on each unit, which could recover up to $1.45 Million on re-sales by subsequent owners. These covenants apply until 2030. At December 31. 2006 a further $0.68 million ($1.06 million for 2005) remains recoverable. in 2006 proceeds from the resale of units under the restricted covenants amounting to $378,985 ($267,031 for 2005) were paid to the Municipality. These proceeds are recorded as User fees and other revenue. Unrecognized Liability The Municipality holds shares in a non-profit organization that provides protective services to its members. Should the organization dissolve or management choose to withdraw from the organization the Municipality would be liable for a proportionate share of any debt the organization held at that time. The liability is expected to be discharged over time through payments by the Municipality and others for the provision of these services by the organization. Due to the ongoing operations of the organization the liability could only be quantified if the Municipality chose to withdraw. Consequently no liability has been recognized in these financial statements. 14 Annual Report 2006— District of Maple Ridge Notes to the Consolidated Financial Statements For the Year Ended December 31, 2006 11. Interest Expenditures: Interest expenditures consist of debenture debt interest, mortgage liability interest, and interest on the employee future benefits liability. Interest is apportioned to functional areas of expenditure based on the related debts as follows. Debenture Benefits Mortgage Total Total Debt and Other Liability Interest Interest Interest Interest Interest 2006 2005 Transportation Services $ 38,389 $ 2,262 $ - $ 40,651 $ 50,603 Recreation & Cultural 1.566,525 - - 1,566,525 1,715,760 Water Facilities 3.741 - - 3,741 56,130 Sewer Facilities 46.949 - - 46,949 197,645 General Government 471,877 178,400 466.396 1,116,673 965.806 52.127.481 S 180.662 S 466.396 52,774,539 52.985.944 Annual Report 2006—District of Maple Ridge 15 Segment Report The Corporation of the District of Maple Ridge Consolidated Report of Segmented Revenue and Expenditure As at December 31. 2006 Protective Services 2006 2006 2005 Actual Budget Actual Revenue Tax revenues (schedule 3) $ - $ - $ - Senior government transfers (schedule 6) 889,766 805,521 784,381 Development revenue (schedule 5) - 24.598 18,445 Other revenues (schedule 4) 3,813,252 3,208,566 3,192,558 Disposal proceeds and refinancing gains - - Investment income - - - Internal recoveries - - - Contributions for subdivision infrastructure - - - Total Revenue 4,703,018 4,038,685 3,995,384 Expenditures Operating (schedules 11,9,13,12,10,8) Goods and services 11,317,475 12,068,987 11.016,547 Labour costs 6,461,992 6,622,863 4,959,088 Debt Servicing - - - 17,779,467 18,691,850 15,975,635 Increase in investment allowance - - - Capital (statement 2) 1,533,621 10,962,848 544,937 Contributed subdivision infrastructure - - - Total Expenditures 19,313,088 29,654.698 16,520,572 Excess(Deficiency) revenue over expenditure (14,610,070) (25,616,013) (12,525,188) Principal Payments - - - New debt issued - - Increase (Decrease) in fund balances S (14.610.070) S (25.616.013) S (12.525.188) 16 Annual Report 2006— District of Maple Ridge Segment Report - Continued Transportation Recreation and Cultural 2006 2006 2005 2006 2006 2005 Actual Budget Actual Actual Budget Actual -$ -s - 983.232 1,900,521 944,603 209,833 427,086 148,477 1,118,844 5.277.328 1,202.337 3306.665 6,658.788 1,677,064 636,327 785,760 607,714 3,905,775 3,855,454 3,813,004 1.806.517 1.550.551 1.849,186 - - - 7.252.485 7.252,485 17.283.616 - - - 11,797,405 16.766,645 21.887,456 7,422,273 10.941.328 5,638.545 2.247,456 2.027,865 2,335,001 6,895,982 5,435.393 6,533,054 4,062.357 4,288,559 3,798,917 5,381,482 6,665.234 5,187,498 40.651 54,368 50.603 1,566.525 1.567,428 1.715,760 6,350,464 6.370,792 6.184,521 13,843.989 13,668,055 13,436,312 3.681.657 10.674.168 4.540.443 4327,840 8.420.487 2,316,218 7.252.485 7.252.485 17,283.616 - - - 17,284,606 24.297.445 28.008.580 18,171,829 22.088,542 15,752,530 (5,487.201) (7.530,800) (6,121.124) (10.749,556) (11.147.214) (10,113,985) 158.817 172,328 149.798 1.009,430 962,963 232,772 S (5646.0181 S (7.703.1281 0, (6.270.9221 S (11.758.986) 5 (12.110.1771 S (10.346.7571 Annual Report 2006— District of Maple Ridge 17 Segment Report - Continued Water Utility 2006 2006 2005 Actual Budget Actual Revenue Tax revenues (schedule 3) Senior government transfers (schedule 6) Development revenue (schedule 5) Other revenues (schedule 4) Disposal proceeds and refinancing gains investment income Internal recoveries Contributions for subdivision infrastructure Total Revenue Expenditures Operating (schedules 11,9,13,12.10,8) Goods and services Labour costs Debt Servicing Increase in investment allowance Capital (statement 2) Contributed subdivision infrastructure Total Expenditures Excess(Deficiency) revenue over expenditure Principal Payments New debt issued Increase (Decrease) in fund balances S 48.480 $ 35.004 $ 34,650 1,152 1,152 5,477 566,784 1,196.426 369.126 7,421,064 7,238,814 6,646,349 1,704,125 1.704.125 3.719.477 9,741,605 10,175.521 10,775,079 4,509,230 5,112,350 3,795,976 1,323,498 925.801 1.328,687 3,741 23.171 56.133 5,836,469 6.061.322 5,180,796 2,137,659 3.351.204 2.071,471 1.704,125 1.704.125 3.719,477 9,678,253 11,116.651 10,971,744 63,352 (941,130) (196,665) 10.473 46,053 188,313 18 Annual Report 2006— Distnct of Maple Ridge Segment Report - Continued Sewer Utility General Government 2006 2006 2005 2006 2006 2005 Actual Budget Actual Actual Budget Actual S 707,420 $ 683.412 $ 681.765 $ 311,418 302.604 326.898 13,508 20.004 5.410 73.388 587.321 406.704 - - 994.254 4,723,746 4.774.368 4,365,308 1,951,941 1,406,343 1,687,744 - - - 525,221 - 725.244 1,891.640 1.891.640 5.281,599 - - - 7,707,612 8.239.345 11.062,274 2,490,670 1,426,347 3.4 12.652 5.217,447 5.321.077 4,924.824 2,847,689 3,450,277 3,282.711 411345 473.301 415,922 4,831,423 4,916,220 4.355.276 46.949 48.688 197.647 393,867 215.320 379.732 5,675,741 5.843.066 5,538,393 8,072,979 8,581.817 8.017.719 431.217 2.536.846 836.516 313,239 2,033,023 1.553.791 1.891.640 1.891.640 5.281.599 - - - 7,998,598 10.271.552 11,656,508 8,386,218 10,614,840 9.571.510 (290,986) (2.032.207) (594.234) (5,895,548) (9,188,493) (6,158.858) 304,789 312.359 583.349 130.598 130,599 - - - - 357,675 - - S (595.7751 $ (2.344.566) $ (1.177.5831 S (5.668.471) S (9.319M92) S (6.158.858) Annual Report 2006— District of Maple Ridge 19 Segment Report - Continued Commercial Tower 2006 2006 2005 Actual Budget Actual Revenue Tax revenues (schedule 3) Senior government transfers (schedule 6) Development revenue (schedule 5) Other revenues (schedule 4) Disposal proceeds and refinancing gains Investment income Internal recoveries Contributions for subdivision infrastructure Total Revenue Expenditures Operating (schedules 11,9.13,12,10,8) Goods and services Labour costs Debt Servicing $ 1,364,041 1,100,720 1,376.809 1,364,041 1,100,720 1.376.809 465,165 429,224 722,806 760.208 1,187,971 1,189,432 451.080 I .V.) I • I _7T increase in investment allowance - - Capital (statement 2) - - - Contributed subdivision infrastructure - - - Total Expenditures 1,187,971 1,189,432 1,037,154 Excess(Deficiency) revenue over expenditure 176.070 (88,712) 339,655 Principal Payments 783,998 713,994 827,992 New debt issued - - - increase (Decrease) in fund balances S (607.928) 5 (802.706) S (488.337) 20 Annual Report 2006— District of Maple Ridge Segment Report - Continued Planning and Public Health Unallocated 2006 2006 2005 2006 2006 2005 Actual Budget Actual Actual Budget Actual S 1.205.276 5 1.204.066 $ 1.147.107 S 40,260,161 $ 40.420,955 $ 37,082.830 79.030 - 75,991 - - - 752,441 560,460 647,630 - - - - - - 2,455,874 1,794,996 2.271,515 1,870,728 2,036,747 1,764,526 42,716,035 42,215.951 39,354,345 1.350,489 1,789,381 1,277,700 - - 1,317,395 1.532,476 1,127,419 - - 2,667.884 3,321,857 2,405,119 - - - - - 169,283 - - 246.284 654.124 152,779 - - - 2.914,168 3,975,981 2,557,898 169,283 - - (877,421) (2.211,455) (687,170) 42,546,752 42,215,951 39,354,345 S (877.42 LI $ (6871701 S 42.546.752 S 42215951 1 39354.345 Annual Report 2006— District of Maple Ridge 21 Segment Report. Continued Elimination Entries 2006 2006 2005 Actual Budget Actual Revenue Tax revenues (schedule 3) Senior government transfers (schedule 6) Development revenue (schedule 5) Other revenues (schedule 4) Disposal proceeds and refinancing gains Investment income Internal recoveries Contributions for subdivision infrastructure Total Revenue Expenditures Operating (schedules 11.9,13,12,10,8) Goods and services Labour costs Debt Servicing Increase in investment allowance Capital (statement 2) Contributed subdivision infrastructure Total Expenditures (1,806,517) (1,550,551) (1.849,186) (1,806,517) (1,550.551) (1,849.186) (1,806,517) (1,550,551) (1,849,186) (1,806,517) (1.550,551) (1,849,186) (1,806,517) (1,550,551) (1,849,186) Excess(Deficiency) revenue over expenditure - - Principal Payments - - - New debt issued - - Increase (Decrease) in fund balances S 22 Annual Report 2006— District of Maple Ridge Segment Report - Continued P Consolidated Financial Statements 2006 2006 2005 Actual Budget Actual S 42,221.337 5 42.343.437 $ 38.946.352 2,487.939 3,456.888 2,291,237 5,065.681 13.744.461 4.667.930 24,568.587 22,930,485 22,337,116 525,221 - 725,244 2,455.874 1.794,996 2,271,515 10.848.250 10,848.250 26,284.692 88.172,889 95,118,517 97,524,086 33,044,416 34,084,003 31,767,707 23,789,492 25,424,454 21,172,807 2,774.539 2.669.183 2.985.949 59,608,447 62.177.640 55,926,463 169.283 - - 12.671.517 38.632.700 12,016,155 10.848.250 10.848.250 26.284.692 83,297.497 111.658.590 94.227,3 10 4.875,392 (16.540.073) 3.296.776 2398.105 2.338,296 1.982,224 357.675 - 5 2.834.962 5 (18.878369 $ L314552 Annual Report 2006— District of Maple Ridge 23 This Page Left Blank Intentionally 24 Annual Report 2006— District of Maple Ridge Supplemental Informati*on Annual Report 2006— District of Maple Ridge 25 Statement 1 The Corporation of the District of Maple Ridge Statement of Changes in Operating Fund Balances For the Year Ended December31, 2006 Actual Budget Actual 2006 2006 2005 Revenue Taxes (schedule 3) Real property. special assessments, grants in lieu $ 75,308,285 $ 73.271.392 S 70.884,844 Less: Collections for other authorities 33,086,948 30.927.955 31.938.492 Total taxes for municipal purposes 42,221,337 42,343.437 38,946.352 User fees and other revenues (schedule 4) 24,568,587 22,930,485 22,337,116 Development fees (schedule 5) 301,152 261,971 702,979 Senior government transfers (schedule 6) 2,031,432 1,916.823 2.024,580 interest and investment income 1,312,527 1,125.000 1.302,709 Asset disposal proceeds and other gains 525,221 - 725,244 70,960,256 68,577,716 66.038.980 Expenditures Protective services (schedule 11) 17,639,903 18,571.120 15,842,484 Transportation services (schedule 9) 5,725,065 5,777,726 5,482,861 Recreation and cultural (schedule 13) 13,544,451 13,425,235 13,103,400 Water utilities (schedule 12) 5,547,060 5,902,399 4,890,912 Sewer utilities (schedule 12) 5,550,768 5,737.722 5,422,261 General government (schedule 10) 9,240,314 9,765.784 9.044,160 Public and environmental health (schedule 8) 2,360,886 2,997.654 2,140,385 Increase in investment allowance 169,283 - - 59,777,730 62,177.640 55,926,463 Excess of Revenue Over Expenditures 11,182,526 6,400.0 76 10,112,517 Transfers from (to) capital funds (2,748,635) (4,624.236) (2,282,005) Transfers to reserves (schedule 14) (7,909,449) (3,133,171) (5,694,981) Principal repaid (2,398,105) (2.338.296) (1.982.224) Increase (Decrease) in Operating Fund Balances (1,873,663) (3,695,627) 153,307 Operating Fund Balances - Beginning of Year 11,071,554 11,071,554 10,918,247 Operating Fund Balances — End ofYear S 9,197,891 $ 7.375.927 S 11,071,554 26 Annual Report 2006— District of Maple Ridge * - Statement 2 The Corporation of the District of Maple Ridge Statement of Changes in Capital Fund Balances For the Year Ended December 31, 2006 Actual Budget Actual 2006 2006 2005 Capital Fund Balances - Beginning of Year Add: Revenues Allocated to Capital Funds Subdivision infrastructure contributions Development fees (schedule 5) Senior government transfers (schedule 6) Debt issued Internal Transfers Transfer from Revenue Funds Transfer from Reserve Funds Local improvement fund Equipment replacement Capital works Fire Department capital acquisition Sanitary Sewer Land Committed projects Other Less: Capital Expenditures Protective services Transportation Recreation and culture Water utility Sewer utility General government Planning, public health and other Subdivision infrastructure Increase (Decrease) in Capital Fund Balances Capital Fund Balances - End of Year S (1,638.163) $ (1.638.163) $ (1.033.061) 10,848,250 10.848.250 26.284,692 4,764.529 13,482.490 3,964.951 456,507 1.540.065 266.657 16,069,286 25,870,805 30.516,300 357,676 - - 2,748,635 4.624.236 2,282,005 310,226 582,017 1,430,122 1,193.640 1,025,297 3,252,867 249,160 226,004 6.360.640 283,524 1,069,134 1.354.134 282,819 - - 2,271,119 5,513,987 2,577,862 919,692 2.143.275 283,028 6,376,082 20,055,025 4,897,440 1,533,621 10,962,848 544,937 3,681,657 10,674,168 4,540,443 4.327,840 8,420,487 2,316,218 2,137,659 3.351,204 2.071,471 431,217 2,536,846 836,516 313,239 2.033.023 1,553,791 246.284 654,124 152,779 10.848.250 10.848.250 26,284,692 23,519,767 49.480,950 38.300.847 2.031,912 1.069,116 (605,102) S 393,749 $ (569.047) $ (1,638,163) Annuat Report 2006— District of Mapte Ridge 27 4.' / Statement 3 The Corporation of the District of Maple Ridge Statement of Changes in Reserve Balances For the Year Ended December 31, 2006 Reserve Balances - Beginning of the Year Increase in Reserves (schedule 14) Interest allocated to Reserves internal Transfers Transfer from Revenue Funds Transfer to Capital Funds Actual Budget Actual 2006 2006 2005 S 39,385,306 $ 39,385,306 S 37.618.959 1,143,346 669,996 968,806 7,909,449 3,133,171 5.694,981 (6.376.082) (20.055,025) (4.897.440) 1,533,367 (16,921,854) 797.541 Increase (Decrease) in Reserve Balances 2,676,713 (16.251,858) 1,766.347 Reserve Fund Balances - End of Year $ 42,062.019 $ 23.133.448 $ 39.385.306 28 Annual Report 2006— District of Maple Ridge Schedule I The Corporation of the District of Maple Ridge Schedule of Property and Equipment As at December31. 2006 General Capital Fund Public Works: Roads and bridges S 152,066.008 S 140,042.085 Drainage 55,141.679 52.029,557 Sidewalks 12,888.689 11.954.104 Equipment 6.320,331 6.425.808 Landscaping and other 5,410.607 1.680,411 Supplies inventory 1.019,973 68.217 Funded work in process 109.322 6,535.877 232,956,609 218,736,059 General Government: Land 5,381.610 5.381.610 Buildings and equipment 31,081.170 34.565.600 Funded work in process 202,028 172,634 36,664,808 40,119,844 Protective: Firehalls and equipment 9,759.174 9.749,300 Police buildings and equipment 3,635,215 3,539,993 Search and Rescue 163,080 163,080 Funded work in process 1.898.141 511.825 15,455,610 13,964.198 Parks and Recreation: Parks and playgrounds 33.699,503 30,591,962 Recreation facilities and equipment 63,675,933 63542,456 Funded work in process 1.561.603 485.846 98,937,039 94,620,264 Other Public and environmental health 2.688.431 2.485.295 Total General Capital Fund 386,702,497 369,925,660 Water Supply System Capital Fund Supplies inventory 129,408 126,899 Land 122,261 122.261 Waterlines 55,143,736 51,974,550 Funded work in process 1,000.903 331.623 Total Water Supply System Capital Fund 56,396,308 52,555,333 Sanitary Sewer Capital Fund Supplies inventory 44,897 76,139 Land 12,049 12,049 Sewer lines 63,839,526 60.154,641 Funded work in process 358,758 652.857 Total Sanitary Sewer Capital Fund 64,255,230 60,895,686 Work in Process Unfunded work in process - 1.393,112 Total $ 507.354.035 $ 484,769.791 Annual Report 2006— District of Maple Ridge 29 • / The Corporation of the District of Maple Ridge Schedule 2 Debenture Debt For the Year Ended December 31, 2006 General Capital Fund Maturit Date of Issue Bylaw Purpose Dates Recreation and cultural Nov 15, 1983 3152 Leisure Pool Complex 1984— 2008 Apr 06, 2005 6246 Downtown Civic Properties (MFA 93) 2005 - 2027 Subtotal General Government Apr 06. 2005 6246 Downtown Office Complex (MFA 93) 2005 - 2027 Dec 08.2006 6246 Downtown Office Complex (MFA 99) 2006 - 2027 Subtotal Transportation May 13, 1992 4667 Downtown Parking 1992-2007 Dec 01, 1995 5291 Downtown Parking issue 61 1995-2010 Jun 15, 1983 3086 Storm Sewer System D.C.C. (MFA 33) 1983— 2008 Subtotal Sewer System Jan 15. 1982 3019 Sewer Area 1982-2006 Jan 15. 1982 3020 Sewer Area A" 1982-2006 Max' 13. 1992 4667 Sanitary Sewer 240th Street Albion (4468) 1992-2007 Jun 15. 1983 3085 Sewer System D.C.C. (MFA 33) 1983-2008 Subtotal Water System Jun 15, 1983 3084 Water System D.C.C. (MFA 33) 1983-2008 Subtotal 30 Annual Repon 2006— District of Maple Ridge Schedule 2 - continued Debentures Interest Outstanding and Debenture Debt Original Before 2006 Exchange Retirements December 31, Interest Debenture Debt Retirement 2006 2006 2006 Rates 350.000 67,627 12,688 67,627 - 11.125 — 11.500 28.190.830 28.190,830 1.553,837 941,803 27.249,027 5.700 28.540.830 28.258.457 1.566,525 1.009,430 27.249.027 3.909,170 3.909,170 215,468 130,598 3,778.572 5.700 16.300.000 16.300.000 256,409 - 16,300.000 4.990 20.209.170 20.209.170 471.877 130,598 20,078,572 1.200.000 214,968 23,948 104,862 110,106 9.628 300.000 125,134 3,257 22,647 102,487 9.628 339.600 106,027 11.184 31,308 74,719 12.400 1.839.600 446,129 38.389 158.817 287,312 750.000 102.405 15,662 102.405 - 14.750 1.531.916 156.028 15.993 156,028 - 10.000 112.375 20,131 2,243 9.820 10,311 9.628 396.300 123.731 13,051 36.536 87,195 12.375 2.790.591 402,295 46.949 304,789 97,506 113.600 35.468 3,741 10.473 24,995 11.250 113.600 35.468 3.741 10,473 24,995 $ 53.493.791 $ 49.351.519 $ 2.127,481 $ 1,614.107 S 47.737,412 Annual Report 2006— District of Maple Ridge 31 Schedule 3 The Corporation of the District of Maple Ridge Tax Levies For the Year Ended December 31, 2006 General purposes - gross taxes Less: Municipal l -owned property General Purposes - Net Taxes Special assessments and local improvements Sewer levy Water levy Grants in lieu of taxes Total Taxes for Municipal Purposes Collections for other authorities: School Districts - Provincial Government British Columbia Assessment Authority Dyking Districts Greater Vancouver Regional District Parks Greater Vancouver Transportation Authority Municipal Finance Authority Total Collections for Other Authorities Real Property. Special Assessments, Grants in Lieu 2006 2006 2005 Actual Budget Actual $ 38,734,148 $ 38.970,785 S 35.593.396 (127,331) (106.501) (104.450) 38,606,817 38.864,284 35,488.946 1,205,276 1,204,066 1,147,107 707,420 683,412 681,765 48,480 35,004 34,650 1.653,344 1.556.671 1.593.884 42,221,337 42.343,437 38,946.352 26,139,631 26,227,864 25,738.496 763,354 807,757 784.232 198,699 142.230 204.610 757,658 774,353 752,111 5,225,323 2,973,581 4.456,957 2,283 2.170 2.086 33,086,948 30,927,955 31,938,492 S 75.308.285 $ 73.271.392 $ 70.884.844 32 Annual Report 2006— District of Maple Ridge - / Schedule 4 / The Corporation of the District of Maple Ridge User Fees and Other Charges For the Year Ended December 31. 2006 2006 2006 2005 Actual Budeet Actual Protective Servcies Policing and Firefighting fees S 1.087.440 S 989.142 S 1.014.559 Business licences 445.679 432,000 464.094 Building permits 1,917.493 1.508.004 1.386.703 Dog licences 122.490 152.724 136.376 Fines and parking revenue 240,150 126.696 190.826 Total 3,813.252 3.208,566 3,192.558 Transportation General information and service fees 153,638 150.060 140.527 Gravel sales 12.348 316,500 14.426 Subdivision inspection fees and other 470,341 3 19.200 452.761 Total 636,327 785,760 607,714 Recreation (schedule 13) 3,905,775 3.855,454 3.8 13.004 Sewer Utility Fees 4,723,746 4,774.368 4.365.308 Water Utility Fees 7,421.064 7,238,814 6,646.349 General Government General information and service fees 481.934 261,704 353.603 Recovery of interest costs -local improvements 72.283 25.908 88.035 Property rentals 439.071 508.235 458,830 Penalties and interest on taxes 579.361 610,496 519,330 Other revenue 379.292 - 267.946 Total 1.951.941 1,406,343 1,687.744 Commercial Property Rentals 1.364,041 1,100,720 1,376.809 Planning Public Health & Other Planning 410.080 257,580 347,579 Recycling 131.097 80.004 95,084 Cemetery 211.264 222,876 204.967 Total 752.441 560,460 647,630 S 24.568.587 $ 22,930,485 $ 22,337,116 Annual Report 2006— District of Maple Ridge 33 Schedule 5 / The Corporation of the District of Maple Ridge Schedule of Development Revenue For the Year Ended December 31. 2006 2006 2006 2005 Actual Budeet Actual Development Revenue Received Through: Protective Services Operating Capital Funds Transportation Operating Capital Funds Recreation Operating Capital Funds Sewer Utility Operating Capital Funds Water Utility Operating Capital Funds General Government Operating Capital Funds Planning Public Health & Other Operating Capital Funds - 24.598 18.445 - 24.598 18.445 82,785 82,787 204,738 1,036,059 5.194.541 997,599 1,118,844 5.277.328 1.202.337 39,186 - - 3,267,479 6.658,788 1.677.064 3,306,665 6,658,788 1,677,064 32,304 32,304 35 1,364 41,084 555,017 55.340 73,388 587,32! 406,704 146,877 146.880 146,877 419,907 1.049,546 222.249 566,784 1.196.426 369,126 - - 994.254 - - 994,254 Total Development Revenue S 5.065.681 S 13.744461 1 4.667.930 Summary Operating contributions S 301,152 S 261,971 $ 702,979 Capital Contributions S 4.764,529 $ 13.482,490 $ 3.964.951 Total Development Revenue S 5.065.681 S 13.744.461 S 4.667.930 34 Annual Report 2006— District of Maple Ridge S. Schedule 6 The Corporation of the District of Maple Ridge Senior Government Transfers For the Year Ended December 31, 2006 2006 2006 2005 Actual Budget Actual Protective Services Operating $ 889,766 S 805.521 S 784.381 Capital - - 889,766 805.521 784.381 Transportation Operating 535,561 660.456 677,946 Capital 447,671 1.240.065 266.657 983,232 1,900,521 944.603 Recreation Operating 209,833 127.086 148,477 Capital - 300.000 209,833 427.086 148.477 Sewer Utility Operating 302,582 302.604 326,898 Capital 8.836 - - 311,418 302.604 326.898 Water Utility Operating 1,152 1.152 5,477 Capital - - - 1,152 1,152 5,477 General Government-operating 13.508 20.004 5.410 13,508 20.004 5,410 Planning public health and other-operating 79,030 - 75.991 79,030 - 75,991 Total Senior Government transfers S 2.487.939 S 3.456888 S 2291.237 SUM MARY Operating transfers Capital transfers Total Transfers 2.031,432 1.916.823 2,024,580 456.507 1.540.065 266.657 S 2.487.939 S 145688 S 2.29L237 Annual Report 2006— District of Maple Ridge 35 Schedule 7 The Corporation of the District of Maple Ridge Continuity Schedule of Restricted Revenues For the Year Ended December 31, 2006 Development Parkiand Cost Charges Acquisition Charges 2006 I 2005 2006 I 2005 Beginning balance S 21,796,131 $ 18,966,755 S 1,647,870 $ 1.522.399 Interest & Collections 13,078,135 5,839,828 212,373 125,471 Expenditures - operating (261,967) (257,528) - - Expenditures - capital (3,565,188) (2,752,924) (142.743) - Ending balance S 31.047.111 $ 21,796,131 S 1.717,500 $ 1.647.870 36 Annual Report 2006— District of Maple Ridge 10 Schedule 7 - continued Downtown Developer Total Restricted Parking Charges Specified Projects Revenues 2006 I 2005 2006 I 20 QQ S 125,318 $ 121.388 S 3.683,077 S 3,401.176 $ 27,252,397 5 24.011,719 4.503 3,930 221,490 331.310 13,516,501 6,300.539 - - (53,186) (24,925) (315,153) (282,453) - - (46.072) (24.484) (3.754.003) (2.777.408) S 129.821 $ 125,318 S 3.805309 S 3,683,077 $ 36,699.742 $ 27.252.397 Annual Report 2006— District of Maple Ridge 37 Schedule 8 The Corporation of the District of Maple Ridge Schedule of Planning. Public Health and Other For the Year Ended December 31, 2006 2006 2006 2005 Actual Budget Actual Planning - salaries $ 1,097.982 $ 1.291.783 S 969.010 Planning - consulting and legal 61352 153.892 61,112 Planning - studies 60,512 283,848 14.542 Planning - other ' 45,195 99.431 69,477 Public health and welfare - cemetery' 148,605 177,606 151.171 Public health and welfare - social planning 83,012 126.335 49.312 Public health and welfare - recycling 1,171226 1,188.962 1.090.495 2,667,884 3,321.857 2.405,119 Internal Equipment charges (306,998) (324,203) (264,734) Total Planning, Public Health and Other S 2360.886 S 2.997.654 $ 2.140.385 38 Annual Report 2006 - District of Mapie Ridge The Corporation of the District of Maple Ridge Schedule 9 Transportation Services For the Year Ended December 31. 2006 2006 2006 2005 Actual Budcet Actual Common Services Supervision S 105,379 $ 84.744 S 86.625 Stores and clerical 469.266 447,905 420.646 Consulting fees 168.499 80.700 244.718 Trucks and heavy equipment maintenance 523376 450.942 492.936 Gas and oil 312,478 296,232 280.743 Insurance 118.273 92.831 106.955 Small tools and equipment 49,311 45.816 45,978 Municipal yards maintenance 179.931 169.986 182.320 Total Common Services 1,926,513 1.669,156 1.860.921 Engineering Salary recoveries (612,088) (857.370) (577.874) Administrative 1,141,433 1.278.977 1.014.402 Technical support 702,102 806.392 531.492 Supplies 83,980 41,856 112,880 Vehicle costs 66.214 72.048 66.219 Total Engineering 1,381,641 1.341,903 1.147,119 Roads and Streets Maintenance Streets, lanes and sidewalks Drains, ditches and culverts Storm sewers Snow removal and sanding Total Roads and Streets Maintenance Parking Bridges Street Lighting Traffic Control Facilities Subdivision Inspection Interest Expenditures Sub-Total Transportation Services Internal Equipment Charges Total Transportation Services 1,176,499 1.448.064 1.269,729 292,850 370.092 339,316 221.879 25 1.3 10 274,072 222.862 165.558 210,259 1,914,090 2,235.024 2,093,376 33,818 32.796 31,409 19,542 21.222 14,460 374.270 422.538 363,427 651,386 581.785 612,643 8.553 12,000 10.563 40.651 54.368 50.603 1,128.220 1.124.709 1.083,105 6,350.464 6.370.792 6.184.521 (625,399) (593.066) (701.660) S 5,725.065 $ 5,777.726 $ 5.482.861 Annual Report 2006 District of Maple Ridge 39 The Corporation of the District of Maple Ridge Schedule 10 General Government Expenses For the Year Ended December 31. 2006 2006 2006 2005 Actual Budget Actual Administration. Personnel and Clerks Departments Communications and Public Relations Finance Department Purchasing Department information Services Department Computer operations and telephone Legislative Grants and donations Legal and audit fees Advertising, printing and stationery General government buildings maintenance and landscaping Office supplies Insurance Miscellaneous and property rentals Election Economic Development interest Expense - General Sub total - General Government internal equipment charges Commercial Operations Interest Expense - Commercial rental buildings Commercial rental buildings - costs Sub total - Commercial Operations Total General Government Expenses S 2,456.738 $ 2.665.845 S 2.064.567 386,287 322.953 291.201 901,681 1,030.503 811.416 206,599 234.252 229.930 779,343 781.298 733.032 558,025 728.904 672.730 367,725 386.582 344.351 55,884 79,405 35.074 146,893 193.594 128.663 22,357 9.348 34.077 477,600 593.021 512.066 56,024 64.516 53.699 610,192 468.277 1.158.916 326,263 339.965 257.022 944 - 73.121 326,557 468.034 238,122 393,867 215,320 379.732 8,072,979 8.581.817 8.017.719 (20.636) (5.465) (10,713) 722,806 760.208 586,074 465,165 429.224 451,080 1,187,971 1,189.432 1.037,154 S 9.240.314 $ 9.765.784 $ 9.044.160 40 Annual Report 2006— District of Maple Ridge Schedule 11 The Corporation of the District of Maple Ridge Schedule of Protective Services For the Year Ended December 31, 2006 2006 2006 2005 Actual Budget Actual Police protection S 11,716,797 $ 12.666.937 S 11.227.855 Fire protection 3,934,228 3,847,028 2,796.183 Emergency measures 83,957 117,069 44.211 Building inspection 1,230,364 1,163,042 1.097,018 Animal control 277,261 3 18,084 279,548 By-law enforcement 536,860 579.690 530.820 17,779,467 18,691.850 15,975.635 Internal equipment charges (139,564) (120,730) (133,151) Total Protective Services S 17,639,903 $ 18.571,120 $ 15.842.484 Annual Report 2006— District of Maple Ridge 41 • I Schedule 12 The Corporation of the District of Maple Ridge Schedule of Sewer and Water Utilities For the Year Ended December 31, 2006 2006 2006 2005 Actual Budet Actual ater Utility Administration S 737,295 S 931.194 $ 672.059 Water distribution 1,455,780 1,422.225 1.410.828 Water purchases 3.639,653 3,684,732 3.04 1.776 Interest expenditure 3,741 23,171 56.133 5,836,469 6,061,322 5,180,796 Internal equipment charges (289.409) (158.923) (289.884) Total Water Utility S 5,547,060 S 5.902.399 S 4.890.912 Sewer Uti1it Administration 593,231 692,536 533,896 Sewage Collection 592,643 659,215 607.880 Sewage Treatment 4,442,919 4,442,627 4,198.970 Interest expenditure 46.948 48.688 197,647 5,675,741 5.843.066 5.538.393 Internal equipment charges (124,973) (105.344) (116.132) Total Sewer Utility S 5,550.768 $ 5,737.722 $ 5.422.261 42 Annual Report 2006— District of Maple Ridge This Page Left Blank Intentionally Annual Report 2006— District of Maple Ridge 43 4. Schedule 13 The Corporation of the District of Maple Ridge Schedule of Recreation & Cultural Revenue and Expenditures For the Year Ended December 31. 2006 2006 2006 2006 2006 Actual Budget Actual Budget Revenue Revenue Expenditures Expenditures Leisure centre S 1,270,294 S 1,302.801 S 1,995,765 S 1,968.092 Ice sheet facilities 321,087 338,224 707,503 724.512 Programs 1,719,815 1,564,013 3,471.959 3.278.941 Arts and cultural 211,778 207,351 2,883,583 2.84 1.622 Parks, playgrounds. and other 538,499 516,277 1,909,203 1,953.706 Seniors' recreation centre 54,135 53,874 185,683 203.496 General and administrative expenses - - 1,123,767 1,130.258 Interest expenditure - - 1,566.526 1.567.428 4,115,608 3,982.540 13,843,989 13.668.055 internal Equipment Charges - - (299,538) (242.820) Total S 4,115.608 $ 3.982.540 $ 13.544,451 $ 13.425.235 Actual 2006 Budget 2006 Revenue Summary Recreation Fees $ 3,905,775 S 3.855.454 Government Transfers 209.833 127.086 S 4.115,608 $ 3.982.540 g. 44 Annual Report 2006— District of Maple Ridge Schedule 13 - continued 2006 2006 2005 Actual Budgel Actual Operating Operating Operating Deficit Deficit Deficit S (725,471) S (665,291) $ (725,384) (386,416) (386,288) (370,903) • (1,752,144) (1,714,928) (1,611,740) (2,671,805) (2,634.271) (2.484.699) (1,370,704) (1,437,429) (1,368,400) (131,548) (149.622) (184,856) (1,123,767) (1,130,258) (1,013,089) (1,566.526) (1.567,428) (1.715.760) (9,728,381) (9,685.515) (9.474,831) 299,538 242.820 332.912 S (9,428.843) $ (9.442.695) S (9.141.919) Annual Report 2006— District of Maple Ridge 45 Schedule 14 V. The Corporation of the District of Maple Ridge Continuity Schedule of Reserves For the Year Ended December 31, 2006 Balance Interest Dec.31. 2005 Allocated Reserve Funds: Local improvement $ 1,630,531 $ 36.703 Equipment replacement 5,918.359 226,044 Capital works 10.393,493 379.637 Fire department capital aquisitions 6,050.724 229,217 Sanitary sewer 2,376,005 65,871 Land 463.331 10.632 Total Reserve Funds 26,832,443 948,104 General Revenue Fund Reserve Accounts: Specific projects - Capital 3.615,454 - Specific projects - Operating 1.304,871 Self insurance 11,015 13,998 Police services 0 1,504,580 60,416 Core development 835,713 22.670 Recycling 1,301,754 50,237 Community development 1,053 39 Building inspections 441,590 15,871 Gravel extraction 475.263 16,940 Neighbourhood improvements 52,634 1.891 Recreation facility maintenance - 2,999 Snow removal 200,000 - Youth Centre & Arts Centre 11,010 - Cemetery maintenance 117,821 Service severance 63,630 - Critical Infrastructure Reserve - 10,182 Total General Revenue Fund Reserve Accounts 9,936,388 195,243 Other Reserve Accounts: Sewer revenue fund-self insurance 76.684 - Sewer revenue fund-specific projects 1,162,518 - Water revenue fund-self insurance 73,528 - Water revenue fund-specific projects 1.303.745 - Total Other Reserve Accounts 2,616,475 - Total Reserves $ 39,385,306 $ 1,143,347 46 Annual Report 2006— District of Maple Ridge Schedule 14 - continued Transfers Transfers Balance Revenue Funds Capital Funds Dec.31, 2006 S 104.173 S - S 1,771,407 1.533,151 (582,017) 7,095,537 852.493 (1.025,297) 10,600,326 721,872 (226,004) 6,775.809 (1,069,134) 1,372,742 65.624 (282,819) 256,768 3,277.313 (3.185,271) 27,872,589 1.164,174 (1,434,837) 3,344,791 302,570 - 1,607,441 762316 - 787,729 1.074,939 (660,571) 1,979,364 (237.445) - 620,938 241.965 (165,258) 1,428,698 - 1,092 - - 457,461 (9.684) 482,519 - - 54,525 84.188 . 87,187 - - 200,000 - (2,475) 8,535 21,526 - 139,347 (63.630) - - 600.000 (91.388) 518.794 3.941,319 (2.354.529) 11,718.421 6.500 - 83.184 447,104 (236.809) 1,372,813 6.500 - 80.028 230,712 (599.473) 934,984 690,816 (836.282) 2.471,009 S 7.909.448 5 (6.376.082) S 42.062.019 Annual Report 2006— District of Maple Ridge 47 DISTRICT OF MAPLE RIDGE MAPLE RIDGE TO: His Worship Mayor Gordon .Robson DATE: May 8, 2007 and Members of Council FILE NO: FROM: Chief Administrative Officer ATTN: C.O.W. SUBJECT: Golden Ears Winter Club One-Time Grant Request EXECUTIVE SUMMARY: The Planet Ice - Maple Ridge facility includes three sheets of ice: two sheets for skating activities and one sheet for curling. As of September, 2006, Golden Ears Winter Club became responsible for operating the curling club side of this facility, including all associated costs. At the same time, they acquired the opportunity to generate revenue through food and beverage sales. GEWC is projecting a deficit of $48,962 for this year, and have requested a one-time grant of $30,000 to mitigate the impact of changing how the facility is operated. This request was presented to Commission on March 8, 2007, where Commission directed staff to prepare a recommendation. GEWC has worked diligently to build the revenue that will be required to operate this facility in the future. However, each initiative will take time to develop its full revenue generating potential. In addition, the club incurred one-time expenses this year of $13,446 due to costs associated with change- over of operating responsibilities and $6,516 due to a power damage incident. These one time expenses justify the allocation of a $20,000 one-time grant. The remainder of the deficit can likely be covered by the club's operating reserve fund. While I don't have a current figure of where this reserve stands, it was reported at $26,000 as of March 31, 2005 in GEWC financial statements. RECOMMENDATION: That a one-time grant of up to $16,000, be awarded to the Golden Ears Winter Club, subject to the availability of funding within the Municipal Grant Program, noting that $12,000 is available in 2007 and a further $4,000 will need to be committed from the 2008 grant program. a) Background Context: Early in 2006, RG Properties (RG), operator of Planet Ice Maple Ridge, notified staff that they were considering releasing food and beverage rights for the Golden Ears Winter Club portion of this facility. This aligns with the terms of the agreement that Commission has with RG. RG offered GEWC the opportunity to avoid the enforcement of this clause, by paying $4,000 to RG, which was their estimate of net loss for food and beverage sales when weighed against operating costs. GEWC declined this offer. Consequently, RG provided official notification of their release of food and beverage rights in April 2006, and food and beverage revenue opportunities and operating costs reverted to GEWC as of September, 2006. The GEWC Board has worked hard since they received notification of this change to develop revenue streams that will off-set operating costs in the long-run. In the short-term however, they do not have adequate revenue. Revenue that GEWC could typically anticipate included curling dues and //6/ membership fees. Those fees were increased for the 2006/07 season in anticipation of increased operating costs. In addition, since April 2006, they have: • Applied for and acquired a liquor license and began providing bar service in the curling club lounge. • Began operating the GEWC facility year round versus the eight month curling season. As a result, they are now managing dry-floor and lounge rentals during the summer months. • Prepared and submitted an application for a Direct Access Grant. • Forecast changes to revenues and expenses as a result of changes in operating responsibilities, and determined that they can meet their increased operating costs in the long-run, but not in the short-term. It should be noted that it took time to determine what those costs would be, as they had never been tracked separately in the past. At the March 8, 2007 Commission Meeting, GEWC requested a one-time grant of $30,000.00 to off- set increased operating costs incurred during their 2006/07 fiscal year. Desired Outcome: The desired outcome is continued operation of the GEWC facility in an efficient manner within the new operating structure, and in a manner that successfully maximizes use of this facility for curling and other recreation services (i.e. ball hockey and community events) to the benefit of citizens. Strategic Alignment: The Safe and Livable Community aspect of Council's strategic plan indicates that the District will assist in the provision of leisure and cultural services to ensure access by all citizens in partnership with community groups. Citizen/Customer Implications: The Golden Ears Winter Club serves a diverse group of close to 500 curlers of all ages and abilities. They have recently expanded their role to include year-round management of this facility, which has resulted in increased use as community resource. One example is increased dry floor use by the Ridge Meadows Ball Hockey Association, a local non-profit sport group that serves 850 youth in our communities. The Winter Club has also hosted a number of provincial and national events that draw visitors into the community. Overall, the club and the facility offer a valuable community service that residents benefit from. Interdepartmental Implications: None. 1) Business Plan/Financial Implications: This report, and a separate report to the City of Pitt Meadows, recommends one-time funding of $20,000 in total, with a portion allocated from each Municipality based on the funding formula in the Joint Leisure Services Agreement, i.e. $4,000.00 from Pitt Meadows and $16,000.00 from Maple Ridge. If Maple Ridge approves this request, it is our understanding that $16,000.00 does not remain available within the 2007 Municipal grant program, but that $12,000 could be funded in 2007 and the remaining $4,000 in 2008. Policy Implications: None. Alternatives: To adjust the amount of grant funding from that which was recommended, or to deny this request. If funding is not approved, GEWC would need to find additional funding in the near future in order to continue operations. • - CONCLUSIONS: The shift in responsibility for operation of the GEWC facility from RG Properties to Golden Ears Winter Club was not an event that was anticipated or planned for. However, the consequence of this change is a significant increase in operating costs that GEWC is responsible for, and an increased responsibility to generate revenue to off-set those costs. The GEWC Board and staff rose to the challenge, and have done a tremendous job of beginning to generate increased revenue while working to forecast and plan for expanded operating costs. In addition to these expanded responsibilities, the club incurred one-time change over and a power damage costs of $20,000 in the 2006/07 year. Their request for support in the form of a one-time grant is reasonable in these circumstances. This report recommends a $20,000 grant equal to the one-time costs the club incurred, rather than the requested amount of $30,000. Prepared by: Kelly Swift Director of Recreation A Approved by: Mike Murray General Manar/Community Development Parks & R7,9on Services Approved by: 1au1 Gill, BBA, CGA General Manager, Corporate and Financial Services 7..-' Concurrence: J.L. (Jim) Rule Chief Administrative Officer KS:ik