May 24, 2012

RCA Statement of Plan Design Objectives and Strategy

The SC formally adopted the RCA SPDOS (RCA Statement of Plan Design Objectives and Strategy) by approving By-Law #28.  The RCA SPDOS provides a structure for the SC to ensure funding adequacy for the RCA.  While the RCA SPDOS is consistent in format with the Statement of Plan Design Objectives and Strategy adopted for the Primary Plan at the end of 2010, the RCA SPDOS reflects the unique characteristics of the RCA which are imposed by the tax environment in which it operates.  The RCA SPDOS should be considered in combination with By-Law #24-01, to which it is closely related.

 

Specified Plan Change (SPC) Proposals

The SC discussed amendments to four of the eleven proposals under consideration.  As is permitted prior to May 14, the amendments had been made by the proponents of the respective SPCs.  No further amendments or decisions were made. 

The next opportunity for decision-making is at the SC meeting of June 28.