OLD OTTAWA SOUTH COMMUNITY ASSOCIATION
ANNUAL GENERAL MEETING
November 2, 2004
Report of the Redevelopment Committee
Mission: To raise funds to redevelop the Firehall
To accomplish this mission, the OSCA has established the Old Ottawa South Firehall Redevelopment Fund, a registered charity under the Income Tax Act
Membership: John Graham (chair), Peggi McNeil, Jane Allain, Jennifer Knight, Ken Slemko, Bethany Armstrong, Jane Clark, Deirdre McQuillan
State of the Fund:
- Total assets of the fund (cash and investment certificates) as of August 31, 2004 stood at $93,489.37 as compared to on $66,250.66 August 31, 2003. The fund had no liabilities.
- Net income for the year was therefore $27,238.71
- Of that net income, approximately $18,290 was raised through our Maritime Lobster Supper and Charity Auction in May 2003
- The remaining funds came from individual donations (approximately $8,490) and interest earned ($730).
- Bank charges were $274.
- There were no payouts from the fund during the year.
Plans for this upcoming year:
- Organize a fourth annual ‘Spring Fling’ Lobster Dinner and Charity Auction for May 2005
- Continue to be aggressive in soliciting individual donations through the United Way campaign
- Attract some new members to the committee
- Assist the President and Board of OSCA in gaining city support for the Firehall redevelopment