I am aware of there being various reserve funds earmarked for specific reasons, but there appears to be a reserve fund called the Historical Reserve Fund,which is being used to pay off all sorts of expenditures,the pool,the golf course,and now may be used to pay off the yacth club,even though there is a specific account called capital expenditures which show the club is not to be fully funded until 2017. This H.R.F. has 10 million in it now. The money does exist and will continue to grow in amount because as of yet there is no proposal to role it back. This fund will continue to grow in the millions,even though there is no current project for it to fund.

The 3.5 million is in this H.R.F.,and I am only saying I need to wait and see what kind of money its going to take to resolve the flooding in section 3, if it can be resolved at all, before I look at this fund for redistribution.  I don't think I said I would give it all back, there needs to be a buffer for non budgeted items. This said,the H.R.F. is still flush with cash,and can be reduced. I see the H.R.F.  as a slush fund for every thing. I want to change this as you suggest and put the money into properly marked accounts,and then deal with any overages.

Give me time Ted, I will try and do better.

Roland D Langevin