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Letter from the President, Spring 2004
Since the beginning of the year there has been renewed cooperation between the federal, provincial and city governments The TTC and Go Transit have been promised new funding and the city received additional funding for the 2004 budget.
On the other hand, a long term funding and taxation plan for the city has not yet been agreed to by all three levels of government. It is imperative that this be in place before the 2005 budget process begins. If not, taxpayers will be left with higher tax bills and reduced services. The 2004 city budget has been passed and the LBPA's request for funding was included in the final budget.
Work on the rebuilding of the Eglinton and Brentcliffe intersection will commence this summer.
Part of the LBPA's budget will be used to fund new sign-age and low maintenance landscape accents at this intersection. We are currently in contact with the Works Department to coordinate this project.
Later this summer the Roads Department will start a major renovation of the Leaside bridge. (See information on our website) Our proposal for the new LBPA banners is still waiting for approval from various city departments. We hope they will be installed at selected sites by the end of the year.
For the city's 2005 budget, your directors are preparing a submission for funding new projects in the Business Park. I encourage all of you to think of projects that will enhance the Business Park.
Please contact your director Bernard Rasch with your ideas. I wish you all a good and prosperous summer.
Ray Hunt
President LBPA
