Council Report: S 80/2020
Subject: Brownfield Redevelopment Community Improvement Plan (CIP) application submitted by 1362279 Ontario Ltd. for 840 Wyandotte Street East (Ward 4)
Reference:
Date to Council: July 13, 2020Author: Greg Atkinson, Senior Planner
519-255-6543 ext. 6582
gatkinson@citywindsor.ca
Planning & Building Services
Report Date: June 5, 2020
Clerk’s File #: Z/8955
To: Mayor and Members of City Council
RECOMMENDATION:
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THAT the request made by 1362279 Ontario Ltd. to participate in the Brownfield Tax Assistance Program BE APPROVED for the proposed remediation and redevelopment at 840 Wyandotte Street East for up to 3 years pursuant to the City of Windsor Brownfield Redevelopment Community Improvement Plan; and,
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THAT the request made by 1362279 Ontario Ltd. to participate in the Brownfield Rehabilitation Grant Program BE APPROVED for 70% of the municipal portion of the tax increment resulting from the proposed redevelopment at 840 Wyandotte Street East for up to 10 years or until 100% of the eligible costs are repaid pursuant to the City of Windsor Brownfield Redevelopment Community Improvement Plan; and,
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THAT, Administration BE DIRECTED to prepare a tax cancellation by-law to implement the Brownfield Tax Assistance Program in accordance with the Municipal Act and that the appropriate information and material be sent to the Minister of Finance requesting relief from the education portion of the taxes for 840 Wyandotte Street East in accordance with the Provincial Brownfield Financial Tax Incentive Program; and,
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THAT, Administration BE DIRECTED to prepare an agreement between 1362279 Ontario Ltd. and the City to implement the Brownfield Tax Assistance