V. THAT the CAO and City Clerk BE AUTHORIZED to sign the Brownfield Tax Assistance and Rehabilitation Grant Agreements; and,

VI. THAT the approval to participate in the Brownfield Tax Assistance and Brownfield Rehabilitation Grant Program EXPIRE if the grant agreement is not signed by applicant within one year following Council approval. The City Planner may extend the deadline for up to one year upon request from the applicant.

Carried.

Clerk's Note: the recommendation of the Standing Committee and Administration are the same.