That Council approve the recommendations outlined in Report CLSFM23-030, dated August 14, 2023, of the Commissioner of Corporate and Legislative Services, as follows:
a) That the King Street Parkade Elevator Replacement Capital Budget be increased by $250,000 from $545,000 to $795,000 by transferring an additional $200,000 from the Simcoe Street Parking Garage Rehabilitation (2022 Capital Budget Project 5-17.01) and $50,000 from the Transit Garage HVAC Replacement project ((2022 Capital Budget Project 3-1.03).
b) That By-law 19-019 being a by-law to debenture $410,000 for the Simcoe Street Parking Garage Rehabilitation project be repealed and replaced with an authorizing debenture by-law to issue $210,000 tax-supported debentures for the Simcoe Street Parking Garage Rehabilitation and $200,000 of tax supported debentures for works at the King St. Parkade Elevator Replacement.
c) That the King Street Parkade Elevator Replacement be awarded to B.E. Construction Ltd., 17 Canso Road, Unit 5, Etobicoke, Ontario, M9W 4M1 at a cost of $685,750 plus HST of $89,148 for a total cost of $774,898.