EXECUTIVE SUMMARY:
BACKGROUND:
City Council approved the Economic Revitalization Community Improvement Plan (CIP) at its
January 31, 2011 meeting via CR 50/2011. The adopting By-law 30-2011 was passed by
Council at its February 14, 2011 meeting.
The Economic Revitalization CIP provides financial incentives to encourage new investment in targeted economic sectors for the purposes of diversifying the local economy and creating/retaining jobs. The CIP allows the City to take a variety of measures to further the objectives of the Economic Revitalization CIP that would otherwise be prohibited by Ontario’s Municipal Act. This includes the acquisition and preparation of land; construction, repair, rehabilitation or improvement of buildings; the sale, lease or disposal of land and buildings; and the provision of grants to owners or tenants of land—all of which must conform with the objectives and policies contained within the CIP.
To date, City Council has approved 36 applications made under the CIP representing a range of targeted economic sectors including manufacturing, research and development, creative industries, logistics, health & life sciences, and tourism.
KJ Land Resources Inc. has applied for financial incentives under the Business Retention and Expansion Grant Program to offset proposed investments in the existing building located at 3260 Devon Drive (see Location Map). The company ownership is a 50/50 partnership between Kidomat Canada Limited (KIDOMAT) and Jarf Holdings Limited (JARF). JARF and KIDOMAT are part of the NARMCO group of companies and are 100% owned and controlled by members of the Rodzik Family.
NARMCO was founded in Windsor in 1944 and has four manufacturing operations within the City of Windsor. NARMCO has over a dozen operations in North America engaged in the integrated manufacture of complex automotive parts and assemblies as well as related production tooling and support equipment.
NARMCO was approved to participate the Business Retention and Expansion Grant Program in 2014 for an addition to its manufacturing facility located at 945 Prince Road. The 2014 approval also included the proposed creation of addition office space to serve as the company’s administrative headquarters, however the office space was not constructed. An annual CIP grant is currently being issued for the additional of manufacturing space at 945