Title
PROPOSED EMPLOYMENT DEVELOPMENT COMMUNITY IMPROVEMENT PLAN (CIP)
1. That Staff Report ECD010-25 regarding Financial Incentives and Implementation Process in the Employment Development Community Improvement Plan (CIP) be approved and the following actions be undertaken:
a) That the new Employment Development Community Improvement Project Area By-law, being By-law No. 2025-XXX contained in Appendix “A” to Staff Report ECD010-25 be approved;
b) That the new Employment Development CIP By-law, being By-law No. 2025-XXX, to approve the proposed new Employment Development Community Improvement Plan (CIP) contained in Appendix “B” to Staff Report ECD010-25, be approved;
c) That at the time of writing Staff Report ECD010-25, the Industrial/ Commercial Land Reserve Fund had a total of approximately $856,000 which shall be reallocated for Employment Development CIP use to the end of 2026, and any remaining funds will be carried forward for the following year; and
d) That commencing by the end of the first quarter of 2026, staff will launch a continuous application intake for the Employment Development CIP to be implemented as per the eligibility criteria outlined in the Employment Development CIP contained in Appendix “C” to Staff Report ECD010-25.
2. That pursuant to Sections 17(22) and 28(5) of the Planning Act, no further public notification is required prior to the passing of the by-laws. (ECD010-25)