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Economic Development Advisory Committee

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Economic Development Advisory Committee This document can be made available in other accessible formats or with communication support as soon as practicable and upon request Economic Development Advisory Committee Chair: Councillor Shirley Keaveney Committee: Paul Bishop Marilyn Morris Marissa Dolotallas Paul Osborn David Glass Dan White Liz Harris Agenda Date: Wednesday, Sept. 21, 2016 Time: 6:30 PM . Location: Meaford Firehall (81 Stewart St) 1. Call to Order 2. Moment of Reflection 3. Disclosure of Pecuniary Interest and General Nature Thereof 4. Items for Consideration 4.1 Introductions and Welcome of New Members 4.2 Presentation from Cheryl Brine, Agriculture & Rural Economic Development Advisor (Ministry of Agriculture & Food, Ministry of Rural Affairs) 4.3 Economic Community Improvement Plan (Rob Armstrong, Director of Development & Environmental Services) CIP Presentation for Council August 8 4.4 Terms of Reference and Vacancies 52-2016 Economic Development Advisory Committee - Terms of Reference Page 1 of 183 5. Round Table Discussion 6. Approval of Minutes 6.1 Approval of Minutes from May 3, 2016 Recommendation: That the Minutes of the May 3, 2016 meeting of the Economic Development Advisory Committee be approved as presented. 03 - May 3, 2016 7. Sub-Group Updates Beautification/Streetscaping Branding Building Signage 8. Staff Updates 8.1 Economic Development Officer Update 8.2 Economic Development Service Delivery Review SDR-16 Economic Development 8.3 Building Report Building Report - August 2016 Building Report - July 2016 8.4 Real Estate Activity Memo - Real Estate Market Summary - August 2016 Memo - Real Estate Market Summary - July 2016 9. Next Meeting Date November 16, 2016 at 6:30 p.m. (Fire Hall) 10. Adjournment Economic Development Advisory Committee - September 21, 2016 Page 2 of 183 Community Improvement Plans Julia Sjaarda, Summer Planning Student August 8, 2016 Page 3 of 183 Page Municipality of Meaford 1 August 8, 2016 What is a Community Improvement Plan (CIP)? Tool under Section 28 of the Planning Act that allows a municipality to direct funds and implement policy initiatives towards a defined project area ◦ Grants and loans to pay for all or part of eligible costs ◦ Eligible costs include those “related to environmental site assessment, environmental remediation, development, redevelopment, construction and reconstruction of lands and buildings for rehabilitation purposes or for the provision of energy efficient uses, buildings, structures, works, improvements or facilities” (Section 28(7.1)). Municipality of Meaford Downtown Community Improvement Plan ◦ Project area: primarily Downtown Core Commercial, Downtown Core Transitional Areas, Urban Living Area, and Harbour Open Space Area Page 4 of 183 Page ◦ Purpose: promote investment in the historical and commercial areas of the Municipality Municipality of Meaford 2 August 8, 2016 Downtown CIP Action Plan Page 5 of 183 Page Municipality of Meaford 3 August 8, 2016 Downtown CIP Project Area Page 6 of 183 Page Municipality of Meaford 4 August 8, 2016 2016 Project Funds for Summer Planning Student in 2016 budget to compile Economic CIP background and draft document/programs Discussion focused around areas outside of Downtown CIPA to include both urban and rural highway commercial areas, rural settlements, and rural/agricultural lands and uses Draft programs developed in light of Council’s Strategic Priorities with a focus on: ◦ Promoting investment and business including agricultural/on-farm diversification ◦ Protecting historic assets and encouraging their restoration ◦ Enhancing energy conservation and renewable sources Identified energy conservation program would benefit all new and existing CIP areas, plan can Page 7 of 183 Page be structured accordingly Municipality of Meaford 5 August 8, 2015 Economic CIP Policy review and best practices review completed in June Survey conducted early July Financial Incentive Programs 1. Buildings and Lands Improvement Grant/Loan 2. Energy Efficiency Improvement Grant/Loan 3. Study and Business Plan Grant 4. Development Charges and Municipal Fees Grant 5. Tax Increment Equivalent Grant Page 8 of 183 Page Municipality of Meaford 6 August 8, 2016 Buildings and Lands Improvement Grant/Loan Purpose – encourage rehabilitation, repair and/or improvement of buildings and lands for commercial, industrial, agricultural, or value-added agricultural uses. Non-residential buildings with significant heritage value will also be eligible. Area of Application – entire Municipality, excluding Downtown CIPA Eligibility – priority for structures identified as agricultural or value-added agricultural uses. Residential buildings and lands do not qualify for this program, except where a historical non- residential structure has been converted to for residential use. Funding depends on scope of proposed project: Grant – 50% of eligible project costs, to a maximum of $7,500 per project/property Page 9 of 183 Page Loan - $10,000 - $50,000, 0% interest, amortized 10 years 7 Municipality of Meaford August 8, 2016 Energy Efficiency Improvement Grant/Loan Purpose – encourage property owners to improve energy efficiency of existing commercial, mixed-use, agricultural and industrial buildings, and to facilitate the installation of renewable energy systems Area of Application – entire Municipality, including Downtown CIPA Eligibility – only commercial buildings, mixed-use buildings, agricultural buildings, and industrial buildings shall be eligible for this grant. Residential buildings are not eligible for this grant. Grant – 50% of eligible project costs, to a maximum of $7,500 per project/property Loan - $10,000 - $50,000, 0% interest, amortized 10 years Page 10 of 183 Page 8 Municipality of Meaford August 8, 2016 Study and Business Plan Grant Purpose –assist property owners with financing the cost of undertaking studies, such as studies that determine if agricultural/rural lands and structures can be converted or adapted to on-farm commercial, industrial, and value-added uses, and to prepare business plans for such new or expanding ventures. Area of Application – entire Municipality, excluding Downtown CIPA Eligibility – not eligible for residential properties Grant – 50% of eligible project costs, to a maximum of $7,500 per project/property, up to $15,000 for environmental studies Page 11 of 183 Page Municipality of Meaford 9 August 8, 2016 DCs and Municipal Fees Grant Purpose – assist property owners with financing the cost of development or redevelopment by providing a fee-equivalent grant to offset the amount of the applicable fees, including: -Development Charges -Building Permit Application Fee -Planning Application Fees -Parkland Dedication Fees Area of Application – entire Municipality, excluding Downtown CIPA Eligibility – not eligible for residential development Page 12 of 183 Page Grant – up to 100% reduction in both Development Charges and Municipal Fees Municipality of Meaford 10 August 8, 2016 Tax Increment Equivalent Grant Purpose – provide economic incentive for rehabilitation and redevelopment of commercial/industrial, agricultural, and value-added agricultural properties Area of Application – entire Municipality, excluding Downtown CIPA Eligibility Registered property owners/assessed owners Improvements to building/property must be sufficient size and cost to result in a re-assessment of the property Not eligible for residential properties Page 13 of 183 Page Grant – paid over a ten year period, with the first year representing 100%, then on a declining basis over the 10 year period 11 Municipality of Meaford August 8, 2016 Process / Next Steps Final draft background / CIP document to be completed August 2016 Public consultation and approval process per Planning Act – Fall 2016 Consideration through 2017 budget process with potential to launch incentive programs in Spring 2017 Page 14 of 183 Page Municipality of Meaford 12 August 8, 2016 Questions? Contact Info Julia Sjaarda [email protected] 1-519-538-1060 x1138 Page 15 of 183 Page Municipality of Meaford 13 August 8, 2016 Page 16 of 183 The Corporation of the Municipality of Meaford By-law Number 52 – 2016 Being a by-law to establish through Terms of Reference the Economic Development Advisory Committee for the Corporation of the Municipality of Meaford Whereas, Section 5(3) of The Municipal Act S.O. 2001, C.25 as amended provides that powers of every Council are to be exercised through by-law unless specifically authorized to do otherwise; and Whereas, the Council of the Corporation of the Municipality of Meaford deems it expedient and necessary to establish the Economic Development Advisory Committee; The Council of The Corporation of the Municipality of Meaford enacts as follows: 1. That the Economic Development Advisory Committee is hereby constituted. 2. That the Terms of Reference, attached as Schedule “A” and forming part of this by-law, are adopted. 3. That By-law 03-2015 is hereby repealed. 4. That this by-law shall come into force and take effect upon being passed by Council. Read a first, second and third time and finally passed this 8th day of August, 2016. Barb Clumpus, Mayor Robert Tremblay, Clerk By-law 52-2016 Page 1 of 5 Page 17 of 183 Schedule “A” to By-law 52-2016 Terms of Reference Economic Development Advisory Committee 1. Mandate The Meaford Economic Development Advisory Committee will provide a collaborative forum for discussion of economic development ideas, opportunities, and matters of common interest in the Municipality of Meaford. 2. Focus The Economic Development Advisory
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