Leamington Development Charges Going To Zero
Tuesday, August 12, 2014
Blackburn News/Ricardo Veneza
Developers won’t have to pay any charges in Leamington for the next three years.
“It’s bold steps and a bold statement for this council,” says John Paterson, the Leamington mayor congratulating council’s unanimous backing on Monday night of a new development charges bylaw that rolls back charges to zero for residential, commercial and industrial development. However, charges for greenhouses will remain status quo.
Paterson feels Leamington is in need of the investment in light of the HJ Heinz company closing its long-time factory in the town earlier this summer.
“We have met with the stakeholders, the builders, the developers enough times already and the message has been loud and clear from them. We’re coming out saying ‘OK, we’re putting our money on the table, you put your money on the table.’”
The new bylaw takes effect as of Tuesday with money coming from a contingency reserve being used to cover the costs of development to the municipality.