That with respect to Notice of Motion EC2025-0211, the following be adopted: NOW THEREFORE BE IT RESOLVED that Council approve a capital budget increase of $15M to the Capital Conservation Grant program (P498_001) funded from the Reserve for Future Capital in 2025; AND FURTHER BE IT RESOLVED that Council direct Administration to delay the implementation of the CCG grant round application intake until 2026.
Council approved adding $15 million to the Capital Conservation Grant program for 2025, paid from the Reserve for Future Capital, and decided to postpone the program's application intake until 2026. That means the grant pot is larger but eligible applicants cannot apply until the following year, and the extra money comes from future capital reserves (EC2025-0211).
The decision both reallocates reserve funds intended for future capital projects to the grant program and delays when organizations can access those grant dollars, changing the timing of funding availability (EC2025-0211).