During staff's review of the Tan gible Capital Asset Replacement Reserve, the follow three directions were given to staff:
THAT staff provide information on potential interest savings from accumulating a debt reserve and repaying debt earlier.
THAT staff provide a 3-year (2013 to 2015) and 5-year (2013 to 2017) scenario for continuing to increment the asset levy by 0.5% each year.
THAT staff provide information on what options are available to accumulate the reserve balance to $2 million.
The Committee requested that staff provide further information on bus stop improvement funding.