Email from Derek Gent to City – Board Resolution (Jan 27, 2023)

From

Derek Gent dgent@vancouverislandy.ca

Sent

Friday, January 27, 2023 11:24 AM

To

Darren Kiedyk dkiedyk@langford.ca; Braden Hutchins bhutchins@langford.ca

Subject

RE: Follow up from our conversation

Body

Hi Darren and Braden,

Our Board met yesterday on January 26th and unanimously passed the following resolution:

BE IT RESOLVED THAT due to ongoing financial deficits in the operation of the Westhills
YMCA/YWCA facility in Langford (hereinafter “WHY”), the Board directs staff to initiate actions
toward a facility closure starting March 31, 2023 unless, prior to March 31, 2023, the City of
Langford commits to a further annual contribution of $950,000 which contribution shall be in
addition to that required under the Services Agreement dated for reference February 7, 2013.

We will be responding to the Westhills letter received on Wednesday with a request for continued rent deferral at this time, based on our proposal for a proportional amount to be paid based on achieving continued growth in membership revenues at this location. December revenue was approximately $175,000, and we propose to pay 85% of the total base rent for February (up from 75% paid in January and earlier periods), with up to 90% paid at $200K, 95% at $225 and 100% at $250K, or upon receipt of additional funding contributions requested from the City of Langford.

Again, we would like to request that this information remain confidential within the City to avoid undue concern or potential risk to our current operations.

Happy to chat further about where things are at in the process there or any ways we can further support your work.

Regards,
Derek

Derek Gent
Chief Executive Officer

YMCA-YWCA of Vancouver Island
202-1314 Lakepoint Way, Langford, BC V9B 0S2
M: 250-386-7511 ext 440 www.vancouverislandy.ca

Key facts