Ryerson application for digital media zone asks for less city commitment
Niagara Falls City Council held a special meeting Tuesday, to discuss the city's second attempt to get a digital media zone in the downtown core.
Council was provided a business development report that showed the scale of the second application submitted by Ryerson has diminished.
The first application submitted back in 2015 required a 6 year commitment from the city with $8.5 million dollars and approximately $1.5 million worth of in-kind contributions.
The 2017 application requires a contribution of 4.2 million over 5 years.
This was the first time Council discussed the application in an open session of council.
Council met in-camera in February 2015 to discuss the city’s portion of support for the first application.
The Ontario Ombudsman’s office concluded the city contravened closed-meeting provisions of the Municipal Act when it did that.