OSUM surplus funds tagged for Banting homestead use
New Tecumseth has a surplus of $29,828 generated as hosts of last May's
Ontario Small Urban Municipalities (OSUM) Conference and Trade show at
the Nottawasaga Resort, and a staff recommendation to council on
tonight's agenda is to turn the proceeds over to the Banting Homestead
Heritage Committee to utilize on site.
OSUM was attended by 146 delegates, with 84 taking part in an opening
day golf tournament. As well, 73 booths with 157 exhibitors took part.
Key note speakers included Ontario Premier Kathleen Wynn, and the
leaders of the opposition parties. The Town budgeted $24,559 to host
it, and in the end, turned a profit of $54,387.
Helping defray costs included utilizing the Town owned A/V equipment
supplied by the Fire Department and IT staff; Corporate sponsorships
totalling $18,000; the County paid for the bus to transport the
participants in the Companions Program; and The Nottawasaga Inn and the
Biffis family provided discounts in meeting room rentals and donated
the wine for the banquet.
"While the profit from the conference would flow to the bottom line if
no specific direction is
provided, staff recommend that the funds be directed to a project that
would provide the
community with a lasting benefit of this event, specifically, the
Banting Homestead Heritage
Park," according to the staff report. "One example of a potential
project could include creating a parkette area by planting trees and
installing benches where the public could sit and relax and enjoy the
beauty of the property. The goal is to share this historic property
with the public and a project such as this would be a step towards
achieving this goal.
In order to make the best use of the funds the Banting Homestead
Heritage Committee would be consulted to review the Master Plan and to
make a recommendation to Council on an appropriate project.
Consideration would be given to the existing leases on the agricultural
portion of the property as well as the lease with the Sir Frederick
Banting Legacy Foundation."