February 17, 1999

To:Chairman and Members, Etobicoke Community Council

From:E. Jarvis, Acting Chair, Etobicoke Historical Board

Subject:Revised Room Rental Fees, Montgomery's Inn

Purpose:

To bring rental fees at Montgomery's Inn more in line with operating costs.

Funding Sources, Financial Implications and Impact Statement:

Anticipated additional revenue of $2,000.00 per annum.

Recommendation:

It is recommended that the room rental rates at Montgomery's Inn be increased in accordance with the report (January 11, 1999) from the Heritage Co-ordinator.

Comments and/or Discussion and/or Justification:

At its meeting of January 12, 1999, the Etobicoke Historical Board had for consideration the attached report from the Heritage Co-ordinator, regarding a proposed increase in room rental fees at Montgomery's Inn. In light of increased budget restraints and pressures, and in keeping with the Board's ongoing commitment to increase revenues, the Board unanimously endorsed the Co-ordinator's recommendation.

Conclusions:

As noted in the report, the rental fees for Montgomery's Inn were last adjusted in 1994. The Board's thrust to increase revenues by actively promoting rentals has also had an impact on operating costs. The minimal increases proposed will be more in line with fees charged at other facilities and favourably impact the Inn's operating budget.

Contact Name:

E. Buchner, Heritage Co-ordinator

(416) 394-8113

Earl Jarvis

Acting Chair, Etobicoke Historical Board