Town to donate $100,000 of $738,000 surplus to Cypher Systems Greenway

 

By Ron Giofu

 

The town finished 2016 with a surplus of $738,000 and $100,000 of that will be donated to the Cypher Systems Greenway.

Town council heard from Susan Stockwell Andrews, president of the Essex Region Conservation Foundation (ERCF), who told the elected officials that the ERCF is the one who raises the money for the greenways, such as the Cypher Systems Greenway and the Chrysler Canada Greenway. While the Essex Region Conservation Authority (ERCA) operates them, no money comes from the ERCA levy to develop them, said Stockwell Andrews, and that the foundation pays acquisition and development costs.

Stockwell Andrews said they ran into unexpected costs in Amherstburg with that including drainage. Councillor Leo Meloche voiced concerns with people parking on the shoulders of roads near entrances to the Cypher Systems Greenway with ERCA general manager Richard Wyma indicating that the plan is to develop community entrances – which include parking areas – much like there are along the Chrysler Canada Greenway.

Cypher Systems GreenwayWEB

Councillor Rick Fryer, who is also chair of the ERCA board of directors, made the motion to give the donation and said this region is “a place for life” and healthy living. The surplus, he noted, was administration showing its due diligence.

Many are already enjoying the Cypher Systems Greenway, Fryer added, noting the official grand opening doesn’t take place until Thursday morning.

Mayor Aldo DiCarlo said the $783,000 surplus is “big news” and that “we spread it around.” In addition to the donation to the greenway, $15,000 went into an economic development reserve while $20,000 went into a Gordon House working capital reserve. The Libro Centre reserve will receive $100,000 while $292,291 goes into a police reserve. Debt reduction to the Texas Road project covers the rest, amounting to $255,711.

DiCarlo pointed out the importance of reserves and that the surplus “translates very well for Amherstburg’s financial situation.” The town’s financial standing has improved and he is confident of the town’s direction, but noted there is still outstanding debt that is currently locked in.

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