[thistleclub]

Knowles Bequest, Dundas Reserve fund new gateway water feature
(Dundas Star, Craig Campbell, Dec 23 2014)

A new gateway water feature has been installed on Cootes Drive with no impact on the City of Hamilton’s capital budget.

Approximately $22,000 of the cost to construct the stone waterfall in the median near Thorpe Street came from the Knowles Bequest Fund, while up to $7,500 was formally approved last week to come from the Dundas Reserve Fund.

Knowles Bequest is a fund of more than $264,000 managed by a local volunteer board. It was started in the 1930s with a $20,000 trust fund set up by Colonel William S. Knowles for beautification and enhancements within the former Town of Dundas.

The Dundas Reserve Fund is projected to end 2014 with a balance of $97,050. The reserve fund for local community projects receives annual cash injections of more than $101,000 each year from cell tower leases with Bell, Rogers and Public Mobile.

Read it in full here.