Item No. 11.8

Council Report: S 175/2020

Subject: Downtown CIP Grant Applications made by 531 Pelissier Ltd. and 2695185 Ontario Ltd for 569 Pelissier St., 170 Wyandotte St., 0 Victoria Ave., Ward 3

Reference:

Date to Council: 12/14/2020
Author: Laura Diotte, MCIP, RPP
Planner III - Special Projects
519-255-6543 ext. 6396
lbdiotte@citywindsor.ca


Planning & Building Services
Report Date: 11/25/2020
Clerk’s File #: SPL/13982

To : Mayor and Members of City Council

Recommendation:

  1. THAT the request made by 531 Pelissier Ltd. and 2695185 Ontario Ltd (Owners) for the proposed development at 569 Pelissier St., 170 Wyandotte St., 0 Victoria Ave. to participate in:

    1. 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;

    2. 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 an additional five (5) years as a Catalyst Project in accordance with the Downtown Windsor Enhancement Strategy and Community Improvement Plan;

    3. the New Residential Development Grant Program BE APPROVED for $50,000 towards eligible costs pursuant to the Downtown Windsor Enhancement Strategy and Community Improvement Plan.

  2. THAT Administration BE DIRECTED to prepare the agreements between the City and 531 Pelissier Ltd. and 2695185 Ontario Ltd (Owners) to implement the Building/Property Improvement Tax Increment Grant Program in accordance with