Council Report: S 191/2019

Subject: Economic Revitalization Community Improvement Plan (CIP) application submitted by Ventra Group Inc./Flex-N-Gate Howard, LLC for 309 Ellis Street East (Ward 3)

Reference:

• Date to Council: December 9, 2019
• Author: Greg Atkinson, Senior Planner
• 519-255-6543 ext. 6582
• gatkinson@citywindsor.ca
• Planning & Building Services
• Report Date: October 16, 2019
• Clerk's File #: MI/13630

To: Mayor and Members of City Council

RECOMMENDATION:

I. THAT the request made by Ventra Group Inc./Flex-N-Gate Howard, LLC to participate in the Business Retention and Expansion Grant Program BE APPROVED for 100% of the municipal portion of the tax increment resulting from the proposed development located at 309 Ellis Street East for up to 10 years or until 100% of the eligible costs are repaid pursuant to the City of Windsor Economic Revitalization Community Improvement Plan; and,

II. THAT, Administration BE DIRECTED to prepare an agreement between the City and Ventra Group Inc./Flex-N-Gate Howard, LLC to implement the Business Retention and Expansion Grant Program in accordance with all applicable policies, requirements, and provisions contained within the Economic Revitalization Community Improvement Plan to the satisfaction of the City Planner as to content, the City Solicitor as to legal form, and the CFO/City Treasurer as to financial implications; and,

III. THAT, the CAO and City Clerk BE AUTHORIZED to sign the Business Retention and Expansion Grant Agreement.

EXECUTIVE SUMMARY:

N/A