Intensification Incentive Discussion Paper

At the April 21, 2021 meeting of Executive Committee, the Committee considered the attached EX21-34 report from the City Planning & Community Development Division.

The Committee adopted a resolution to concur in the recommendations contained in the report with the following amendments:

That City Council:

3.      Direct Administration to bring forward a supplemental report to the May 12, 2021 City Council meeting that includes the following considerations during the consultation process:

·      Incentivizing temporary, public usage (community gardens and public spaces);

·      Restrictions and/or disincentives on where certain housing types can be built in an effort to compel particular developments in the neighbourhoods or other newer or existing subdivisions assigned in this report;

·      Identifying the services and infrastructure required to develop neighbourhoods assigned in this report;

·      Expanding the City’s land development strategy to include the recruitment of certain developments and development types in the assigned neighbourhoods;

·      Exploration of sub-classes in the interest of reducing taxation on established residential and commercial developments, decreasing the incentive to hold and speculate on underutilized land.

4.      Approve these recommendations at its meeting on May 12, 2021.

Recommendation #3 and 4 do not require City Council approval.

Respectfully submitted,

EXECUTIVE COMMITTEE

{signature}