That Report CS2018-002, Bobcaygeon Legacy C.H.E.S.T. Fund 2018 Allocation, be received;
That total funding in the amount of $75,922.16 be provided, with the allocation to come from the Bobcaygeon Legacy C.H.E.S.T. Fund Reserve (3.24320), for the projects as approved by the Bobcaygeon Legacy C.H.E.S.T. Fund Grant Committee at its meeting of November 1, 2017 as follows:
Boyd Heritage Museum, $ 1,305.00
Bobcaygeon Skating Club, $ 2,067.89
Ontario Open Fiddle and Step, $ 2,531.00
Bobcaygeon Music Council, $ 11,000.00
Bobcaygeon Canada Day Committee (Sponsor Royal Canadian Legion Br. 239), $ 13,274.34
Bobcaygeon Chamber of Commerce, $ 10,000.00
Kinette Club of Bobcaygeon, $ 2,000.00
Bobcaygeon and District Horticultural Society, $ 2,500.00
Impact 32 (Sponsor Kawartha Works Community Co-operative Inc.), $ 10,700.00
Kawartha Settlers Village, $ 13,996.93
Bobcaygeon Senior Citizens Centre Inc., $ 6,547.00
That $4,925.85 (10% of interest earned) be retained in the principle of the Bobcaygeon Legacy C.H.E.S.T. Fund Reserve (3.24320) for inflationary growth of the fund; and
That the estimated balance of $69,475.88 not distributed through the 2018 allocation be made available for funding disbursement in a future year.