Road West in accordance with the Provincial Brownfield Financial Tax Incentive Program.

• VI. THAT, Administration BE DIRECTED to prepare an agreement between Rose City Mini Storage Inc. and the City to implement the Brownfield Tax Assistance and Rehabilitation Grant Programs in accordance with all applicable policies, requirements, and provisions contained within the Brownfield Redevelopment 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.

• VII. THAT the CAO and City Clerk BE AUTHORIZED to sign the Brownfield Tax Assistance and Rehabilitation Grant Agreements.

• VIII. THAT the approval to participate in Brownfield Tax Assistance and Rehabilitation Grant Programs 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.

Report Number: S 79/2020

Clerk’s File: Z/8955

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