Shipyard Legacy Fund Workshop on the Investment Roadmap September 9, 2006

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Shipyard Legacy FundWorkshop on the Investment
RoadmapSeptember 9, 2006

• Prepared by
• Urban Strategies Council

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Developing Shipyard Legacy Fund Recommendations

• The CAC will need to recommend
• Investment Priorities
• An initial investment strategy (investment
  roadmap) and
• Type of organization that manages the fund
  (QPEQuasi-Public Entity)

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The Process Supervisory Team, CAC Special
Sessions And Community Workshops
2. Supervisory Team consultants inform CAC at
Special Session for full CAC. Full CAC makes
initial recommendations for Community Workshop.
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Decision Timeline for the Shipyard Legacy Fund
CAC VOTE ON RECOMMENDATION
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RECOMMENDATIONS ON INVESTMENT PRIORITIES

1. Select an engine of change
2. Economic development-- emphasizing employment,
   housing and financial and asset development is
   the engine
3. Incorporate focus areas into economic development
   investments (youth development, services for
   elders, arts culture and recreation and heath,
   environment and safety)

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INVESTMENT ROADMAP

• How to Invest and Spend?
• What to Invest In and Spend On?

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What we dont know

• How much money the SLF will have to invest or
  spend.
• When the SLF will begin receiving assets, both
  cash and land.
• What the schedule for the SLF receiving will be.
  (i.e. monthly? Annually? In equal or unequal
  payments?)