in accordance with all applicable policies, requirements, and provisions contained within the Economic Revitalization Community Improvement Plan to the satisfaction of the City Planner for content, the City Solicitor as to legal form, and the CFO/City Treasurer as to financial implications; and,
IV. THAT, the CAO and City Clerk BE AUTHORIZED to sign the Business Retention and Expansion Grant Agreement; and,
V. THAT the approval to participate in the Business Retention and Expansion Grant Program EXPIRE if the grant agreement is not signed by applicant and owner within one year following Council approval. The City Planner may extend the deadline for up to one year upon request from the applicant.
Executive Summary:
N/A
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 Municip al 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 a number of 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.
Active Claims Management (2018) Inc. has applied for financial incentives under the Business Retention and Expansion Grant Program on behalf of the property owner — St. Clair-Rhodes Development Corp. Active Care Management (ACM) provides worldwide medical and non-medical assistance, medical case management, cost containment services and claims processing to the insurance industry and third party administrators. Its headquarters are currently located in Windsor at 3430 Wheelton Drive.
The subject property is located at 3355 Munich Court and is occupied by a 7,989 m 2 (85,993 ft 2 ) industrial building (see Location Map). The property is 2.3 hectares (5.7 acres ) in size, designated ‘Industrial’ in t he City’s Official Plan and zoned Manufacturing