That Report CS2020-013, Bobcaygeon Legacy C.H.E.S.T. Fund 2021 Allocation, be received;
That total funding in the amount of $65,655.50 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 3, 2020 as follows:
Bobcaygeon Canada Day Committee $ 829.75
Globus Theater $ 8,000.00
Impact 32 – Beautify Our Bobcaygeon $10,708.00
Bobcaygeon Lawn Bowling Club $ 1,476.75
Bobcaygeon District Lions Club $10,206.00
Environmental Action Bobcaygeon $ 5,000.00
Kawartha Region Arts & Heritage Society $ 9,975.00
Royal Canadian Legion Branch 239 $19,460.00
That $4,264.16 (10% of interest earned from January 1 to August 31, 2020) 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 remaining $61,743.37 of available funds not allocated in 2021 be available for distribution in a future year.