satisfaction of the City Planner and Chief Building Official. The grant payment is subject to the provisions of the Downtown Windsor Enhancement Strategy and Community Improvement.
Climate Change Risks
Climate Change Mitigation:
The applicant proposes that the building will be LEED Bronze Certified.
Climate Change Adaptation:
N/A
Financial Matters:
As mentioned in the discussion section of the report the proposed redevelopment is eligible for $17,500 towards eligible costs associated with the new residential units to be constructed.
If approved, the funds would come from the City Centre Community Development Planning Fund (Project #7011022). The current uncommitted balance in this fund is $68,158, however three requests for grants under the Downtown CIP are on the December 14, 2020 Development and Heritage Standing Committee Agenda:
| Report | Grant Request from City Centre CommunityDevelopment Planning Fund (Project#7011022) |
|---|---|
| Report S173/2020 - Downtown CIP GrantApplication Made by 5021089 Ontario Inc (RayBlanchard) for 477 Pelissier Street, Ward 3 | $17,500 |
| Report S174/2020 - Downtown CIP GrantApplications made by Baker InvestmentsLimited for 615 Pelissier Street, Ward 3 | $45,000 |
| Report S175/2020 - Downtown CIP GrantApplications made by 531 Pelissier Ltd. for 569Pelissier St., 170 Wyandotte St., 548 VictoriaAve., Ward 3 | $50,000 |
The current uncommitted funds will only cover the requests for Report S173/2020 and Report S174/2020, leaving $5,658 for Report S175/2020.
Staff have reviewed the previous grant approvals under the Downtown CIP and have determined that the application at 0 Victoria Avenue has not moved forward with their development plans for a 120 unit apartment building at the corner of Victoria Avenue and Park Street. This project was approved for $80,000 in grant funds from the City