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TMP-33790
| 2 | | | Open Delegations | OPEN DELEGATION BY CESARE BAUCO ON BEHALF OF CENTREVILLE HOMES TO REQUEST DEFERRAL OF DEVELOPMENT CHARGES
Cesare Bauco, on behalf of Centreville Homes, provided an open delegation concerning a request for the deferral of development charges for their Essa Road Project.
Mr. Bauco stated that Centreville Homes is in the process of developing approximately 650 units in the Salem and Hewitt's Secondary Plan. He commented that Centreville Homes wants to deliver these homes but has experienced many delays because of the COVID pandemic, the changes in real estate market, and the lending criteria from their Financial Institution. He explained that 100% of the units were sold, but some purchasers have now opted out of their contracts due to these delays, resulting in 65% of the units remaining.
Mr. Bauco commented that their goal is to see the project moving forward and requested to defer payment of approximately 4.3 million of the development charges to either closing or registration with the Condominium Corporation to enable them to start building homes.
Members of Committee asked a num | Received | |
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FRG 2
| 2 | | | Staff Report | DEVELOPMENT CHARGES (DC) DEFERRAL REQUEST - SERENITY LANE (WARD 7)
That the Report to the Finance and Responsible Governance dated April 9, 2025, concerning the request for deferral of development charges - Serenity Lane be referred to staff for further consideration and a report back to the Finance and Responsible Governance Committee. (File: C11) | recommended for consideration of adoption (Section "B") | |
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FRG 1
| 2 | | | Staff Report | DEVELOPMENT CHARGES (DC) DEFERRAL REQUEST - HARVIE AND BEACON ROADS (WARD 6)
That the Report to the Finance and Responsible Governance dated April 9, 2025, concerning the request for deferral of development charges - Harvie and Beacon Roads be referred to staff for further consideration and a report back to the Finance and Responsible Governance Committee. (File: C11) | recommended for consideration of adoption (Section "B") | |
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TMP-33847
| 1 | | | Presentation - AC/RC | 2024 INVESTMENT MANAGEMENT REPORT PRESENTATION
Geoff Waters, Chair of the City’s Investment Board provided a presentation regarding the 2024 Investment Management Report
Mr. Waters discussed slides concerning the following topics:
· The City’s market portpolio performance in 2024;
· Pie Charts illustrating the asset allocations;
· The highlights of the City’s performance funds (operating, capital and growth funds);
· The performance highlights (total return of assets/average weight by class/contribution to total return);
· A graph illustrating the City’s equities;
· A graph illustrating Corporate Bonds versus Government Bonds;
· A graph illustrating the increasing duration ahead of interest rate cuts;
· A graph illustrating Currency Exposure Canadian Investors versus American Investors;
· A graph illustrating portfolio rebalancing and how it positively impacted returns; and
· A summary of the market outlook and opportunities.
Members of the Committee asked a number of questions of Mr. Waters and received responses. | Received | |
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TMP-33910
| 2 | | | Advisory Committee Reports | REPORT OF THE INVESTMENT BOARD DATED MARCH 20, 2025
The Report of the Investment Board dated February 25, 2025, was received. | Received | |
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FRG 3
| 1 | | | Discussion Item | APPROVAL OF 2024 INVESTMENT MANAGEMENT REPORT
That the Report of the Investment Board dated March 20, 2025, concerning the 2024 Investment Management Annual Report and approved by the Investment Board on March 20, 2025, be received for information. | recommended for adoption (Section "D") | |
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FRG 4
| 2 | | | Correspondence | MOTION 25-G-030 REFERRED AT GENERAL COMMITTEE DATED FEBRUARY 26, 2025 - REDWOOD PARK COMMUNITIES CORRESPONDENCE
That the correspondence from Redwood Park Communities dated February 4, 2025, regarding a letter to Barrie City Council in relation to the CIP Grant - 151 Lillian Crescent be referred to staff for further consideration. | recommended for adoption (Section "D") | |
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FRG 5
| 2 | | | Staff Memo | MOTION 25-G-031 REFERRED AT GENERAL COMMITTEE DATED FEBRUARY 26, 2025 - REDWOOD PARK COMMUNITIES MEMORANDUM
That the Memorandum from M. Banfield, RPP, Executive Director of Development Services dated February 19, 2025, regarding the Redwood Park Communities CIP Funding Request be referred to staff for further consideration. | recommended for adoption (Section "D") | |
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FRG 6
| 2 | | | Referral Item | MOTION 25-G-019 REFERRED AT GENERAL COMMITTEE ON JANUARY 22, 2025 - CONSERVATION OF BUILT HERITAGE COMMUNITY IMPROVEMENT PLAN
1. That Council approve the proposed Conservation of Built Heritage Community Improvement Plan (CIP) Project Area, as described in Appendix "A" attached to Staff Report DEV003-25.
2. That Council approve the proposed Conservation of Built Heritage Community Improvement Plan (CIP) attached as Appendix "B" to Staff Report DEV003-25.
3. That Council provide direction to allocate money from the CIP Reserve Fund ($79,437.51) to the implementation of the proposed Conservation of Built Heritage Community Improvement Plan (CIP) if approved.
4. That the written and oral submissions received relating to the application, have been, on balance, taken into consideration as part of the deliberations and final decision related to the approval of the application as amended, including matters raised in the submissions and identified within Staff Report DEV003-25.
5. That pursuant to Sections 17(22) and 28(5) of the Planning Act, no further public notification is required | recommended for adoption (Section "D") | |
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TMP-33791
| 2 | | | Advisory Committee Reports | REPORT OF THE INTERNATIONAL RELATIONS COMMITTEE DATED MARCH 4, 2025
The Report of the International Relations Committee dated March 4, 2025, was received. | Received | |
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