Guelph Council unanimously approves acquisition of 10C farmers market

Change is happening at the Guelph Farmers’ Market.

Following the consensus at the beginning of the month, the council unanimously and without discussion approved a number of measures on November 22 that would see 10 Carden Shared Space (10C) take over the day-to-day operations of the Guelph Farmers’ Market.

The Council first heard about 10C’s pitch in July, which authorized city officials at the time to begin negotiations between the city and the organisation.

The newly approved agreement resulted from those negotiations and will see the Saturday market managed and operated by 10C, which will also program the other six days of the week on site.

As part of the agreement, the City of Guelph will provide $500,000 in transition funding to 10C between 2022 and 2027. Earlier this month, staff said money is recognizing revenues lost by the market due to the COVID-19 pandemic and implementing the programming proposed by 10C.

As previously reported by the Mercury Stand, 10C is looking to partner with a number of community groups — including the Guelph Arts Council, Innovation Guelph, and The SEED — to help build that new programming.

The City of Guelph will still own the building itself, with 10C paying rent based on the amount of money it brings in.

When the matter last came before the committee’s entire meeting on Nov. 1, Shakiba Shayani, CEO and president of the Guelph Chamber of Commerce, said this new venture should be “an important part of our economic recovery.” appear to be. ”

“Local markets can also help start new businesses through an affordable cost structure and engaged customer base,” she added at the time.

“Markets help companies experiment, get customer feedback, and grow thriving businesses.”

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