WHEREAS there are brownfield sites within the Town of Carleton Place;
AND WHEREAS redeveloping brownfield sites takes significant financial resources;
AND WHEREAS environmental rehabilitation and development of brownfield properties encourages investment and development on lands by making efficient use of existing infrastructure thereby improving Carleton Place’s tax base;
AND WHEREAS in order to assist developers in rehabilitating brownfield sites, some financial incentives may need to be offered;
AND WHEREAS in order to determine these financial incentives a Community Improvement Plan needs to be developed for the Town of Carleton Place;
AND WHEREAS the Town has the necessary Community Improvement Plan provisions within its Official Plan;
NOW THEREFORE BE IT RESOLVED THAT Council authorizes proceeding with a Community Improvement Plan (CIP) for the Town of Carleton Place as a whole; and
THAT staff be directed to submit an application to the Federation of Canadian Municipalities Green Municipal Fund to pay for up to 50% of the cost of the CIP; and
THAT the balance of the CIP cost be paid through Development Charges and from the Town’s overall 2020 surplus if any, and if not through reserves.