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Page 5 of 5 <br />Agreement has been the past practice, it may be appropriate to consider commitments around <br />allocation of City General Funds for a shorter period (e.g. every two years, aligned with the <br />City's budget cycle), to ensure that proposed expenditures do not exceed available financial <br />resources. <br /> <br />In addition to the direct City contribution, the City provides a significant amount in indirect <br />funding which includes staff time to administer the PDA assessments and contract, assistance <br />and support for events, as well as the cost to facilitate street closures, maintain downtown <br />planters, cleaning sidewalks, and garbage pickup. <br /> <br />Prepared by: Submitted by: Approved by: <br /> <br />Lisa Adamos, Economic <br />Development Manager <br />Ellen Clark, Director of Community and <br />Economic Development <br /> <br />Gerry Beaudin, City <br />Manager <br /> <br />Attachments: <br />1. Ordinance <br /> <br />Page 106 of 376