Title
STREIT MANUFACTURING INC. - DEVELOPMENT CHARGE REQUEST
Mr. D. Hale, General Manager, Canadian Division of STREIT Manufacturing Inc., provided comments regarding STREIT Manufacturing Inc.'s request to spread the Development Charges for its new location on King Street in Barrie, equally over a period of four (4) years.
Mr. Hale provided an overview of STREIT Manufacturing Inc.'s history and operations. He commented that the expansion of the business to the new location is an expensive undertaking which includes construction of the larger facility and hiring additional staff. He advised that STREIT Manufacturing Inc. is not seeking a reduction in the Development Charges but it is requesting that the amount not be fully paid at the time of the building permit application and instead be spread equally over four (4) years.
Councillor M. Prowse joined the meeting at 6:44 p.m.
Members of the Committee asked a number of questions related to the presentation provided, and received responses from the presenter and City staff. (File: C00)