Council Report: S 174/2020
Subject: Downtown CIP Grant Applications made by Baker Investments Limited for 101-121 Wyandotte Street West, 601 Pelissier Street, 615 Pelissier Street, and 121 Wyandotte Street West, Ward 3
Reference:
Date to Council: December 14, 2020Author: Laura Diotte, MCIP, RPP
Planner III - Special Projects
519-255-6543 ext. 6396
lbdiotte@citywindsor.ca
Planning & Building Services
Report Date: November 25, 2020
Clerk’s File #: SPL/13981
To : Mayor and Members of City Council
Recommendation:
I. THAT the request made by Baker Investments Limited (Owner) for the proposed development at 101-121 Wyandotte Street West, 601 Pelissier Street, 615 Pelissier Street, and 121 Wyandotte Street West to participate in:
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the Building/Property Improvement Tax Increment Grant Program BE APPROVED for 100% of the municipal portion of the tax increment resulting from the proposed development for five (5) years in accordance with the Downtown Windsor Enhancement Strategy and Community Improvement Plan;
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the Commercial/Mixed Use Building Facade Improvement Grant Program BE APPROVED for a 50% matching grant to a maximum of $30,000 towards eligible costs pursuant to the Downtown Windsor Enhancement Strategy and Community Improvement Plan; and,
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the Upper Storey Residential Conversion Grant Program BE APPROVED for $15,000 towards eligible costs pursuant to the Downtown Windsor Enhancement Strategy and Community Improvement Plan.
II. THAT Administration BE DIRECTED to prepare the agreements between the City and Baker Investments Limited (Owners) to implement the Building/Property Improvement Tax Increment Grant Program in accordance with all applicable policies, requirements, and provisions contained within the Downtown Windsor