City council will consider a funding request from Algoma University when it meets tonight.
It’s being recommended that council approve 400-thousand dollars in funding for the University’s School of Business and Economics.
It’s being recommended that 117-thousand dollars be provided through allocated money set aside in 2018 in the Economic Diversification Fund with a further 141-thousand-500 dollars be provided from the fund in each of the 2019 and 2020 years.
Each year, the city puts in 500-thousand dollars into the fund.