Loading...
180710 Development MINprev= ATTENDANCE Andrew Burns, Mel Getty, Deb Gilvesy, Lisa Gilvesy, Jesse Goossens, Kirby Heckford (Arrived 8 AM), Mayor Stephen Molnar, Steve Spanjers, Randy Thornton (Left 9 AM), Cedric Tomico, John Veldman Staff Present: David Calder, Cephas Panschow, Eric Gilbert (Arrived 9:05 AM, Left 9:20 AM) MEMBERS ABSENT/REGRETS Councillor Jim Hayes, Lindsay Morgan, Ashton Nembhard, 1. Call to Order The meeting was called to order at 7:30 AM. 2. Adoption of Agenda Moved By: S. Molnar Seconded By: A. Burns Resolution # 1 THAT the Agenda for the Development Committee meeting of July 10, 2018 be adopted. Carried 3. Disclosures of Pecuniary Interest and the General Nature Thereof – None Declared 4. Adoption of Minutes of Previous Meeting – June 12, 2018 Moved By: D. Gilvesy Seconded By: L. Gilvesy Resolution # 2 THAT the Minutes of the Development Committee Meeting of June 12, 2018 be approved. Carried 4.1. Business Arising from the Minutes 5. Delegations and Presentations 5.1. Central Area Design Study E. Gilbert indicated that the study was approved by Council in 2012 and has been instrumental in providing guidance for various development projects and studies (E.g. façade committee, 138 Broadway, 253, parking study, recommended designs for rear The Corporation of the Town of Tillsonburg Development Committee July 10, 2018 7:30 AM Boardroom, Customer Service Centre 10 Lisgar Ave, Tillsonburg MINUTES Development Committee Meeting Minutes (July 10, 2018) - 2 - alley facades, etc). This study also resulted in the sign bylaw being revised to not include backlit or neon type signs on storefronts. Any further discussions regarding parkland spaces? Not much work done on the public realm sites. Overall, study has been used to inform responses on private sector proposals. What funding is available to convert second floor? None, this program was removed from the new CIP program as it had not been utilized nor funded. Improvements to second floor units can potentially be supported through rebates of building permit fees or taxes offered through the new CIP program. Overall, the study is still relevant. Provide information to Town Hall Project Committee for their information. E. Gilbert to provide summary of downtown façade program since implemented. 6. Information Items 6.1. Community Strategic Plan D. Calder advised that Town Hall style meeting was held on July 5. Good information, but unfortunately not well attended. Circulate information. 6.2. Tillsonburg Hydro Inc – AGM was held on June 26 with appointment of officers and Memorandum of Understanding and Direction approved. Direction to complete Master Service Plan. Strong financial position. There will also be an increase in the annual dividend. 6.3. Town Hall Task Force – Update presentation was provided to Council on July 9. Colliers Project Leaders working on completing Financial Options Analysis and working with Town on Functional Space Review. Next steps include completion of Request for Proposal document with release in Q4. The Downtown Parking & Accessibility Study was a useful document in terms of identifying potential sites. Council approved $25K in funding for the project in 2018. 7. General Business & Reports 7.1. Monthly Project Update 253 Broadway – Can remove from list. Hwy 3 Business Park – Two bids for Hwy 3 intersection construction received with report recommending contractor approved at July 9 Council meeting. Work is anticipated to take 8 weeks in the August to October period. Post-Secondary Education Enhancement – An update to the 2015 survey has been released with a response deadline of July 9. Delegation status with new minister of Training, Colleges and Universities has been requested at AMO. Development Committee Meeting Minutes (July 10, 2018) - 3 - 7.2. Review of Fanshawe Business Entrepreneurship Program – Update version of the program was circulated to the committee with a request to review and provide comments on any gaps in the program. This is further to the earlier version circulated. 7.3. Highway 3 Business Park – Funding and Pricing Report Development Commissioner provided information requested at the last meeting as follows: o Provide information on industrial land prices in other municipalities  Prices as low as $45,000 in St Thomas and as high as $325,000 in Guelph. Ingersoll ranges from $100 - $150,000/acre and Woodstock ranges from $85-$125,000. In general, Tillsonburg prices are fair, but some larger municipalities in the Southwest are able to offer land prices from $55-$75,000/acre, which puts downward pressure on Tillsonburg prices.  Norwich has had success selling land to local contractors, etc, in their newest industrial area. The zoning permits a home/shop on each site, which has proven attractive. o Current costs of raw land – Estimated market values provided o Include a projection of future tax revenue  Based on 37 acres of land, the Highway 3 Business park is projected to generate 478,681 square feet of development with annual tax revenue to the Town estimated at $226,467. At full buildout, simple payback is reasonable even at different scenarios (and assuming other rebates not provided). o What is the opportunity cost of selling land at a price in the future versus a price now – To be determined Discussion included balancing a flat price with higher valued locations, more favourable pricing for larger lots or initial transactions, and attracting investment interest sooner rather than later. Pricing could also include consideration for type of investment, lot coverage, job creation, etc. Suggestions to (1) identify one block (perhaps rear) to be divided into smaller lots, (2) prepare a variety of lot layouts with building footprints, (3) prepare three different pricing scenarios, and (4) prepare different lot coverage scenarios (20% versus 30%). Agreed that a subcommittee would be created to investigate these options further and report back. Members K. Heckford, S. Spanjers, D. Gilvesy, and A. Burns agreed to be part of the committee Development Committee Meeting Minutes (July 10, 2018) - 4 - and work with staff to complete. Circulate Town’s development agreement for industrial land sales. 7.4. Simcoe St Redevelopment Options – Development Commissioner provided overview of current vacancies on Simcoe Street as per request from earlier meeting. Staff are using to recruit new companies and are preparing specific marketing information to support recruitment. Suggestion to send out Community Improvement Plan information to local realtors and also potential investors. 8. Committee Minutes & Reports 8.1. Tillsonburg District Chamber of Commerce – TDCC Open scheduled for Thursday, August 16. Tapa event scheduled for September 14 at 7 PM. 8.2. Downtown Business Improvement Association Canada Day banners placed in time for July 1. Upgrade of Electronic Bulletin board (LED) is possible and will be considered in future budgets. In discussions with Town regarding upgrade of 70 lights in BIA area to heritage lighting. 8.3. Tillsonburg District Real Estate Board – Monthly average residential sale price up 12% and year to date up 7% from 2017. Monthly units sold and listings down from 2017, but year to date is still up year over year due to activity earlier in 2018. 8.4. Physician Recruitment – Incentive program being expanded to include hospital internists due to hospital need. Joint recuirtment at County level still ongoing. City of Woodstock has approved $50K in funding to support their own recruiter managed by Economic Development department. Meeting to coordinate efforts being planned. 9. Correspondence – None 10. Other Business 10.1. Roundtable Mayor Molnar advised that the Town has requested meetings with Ministries of Transportation, Economic Development, Job Creation and Trade, and Training, Colleges & Universities at the upcoming AMO conference. Meetings will include discussion of funding received, Hwy 3 BP, business needs, and post secondary. Members asked to provide input on potential areas of interest with respect to these meetings. Development Commissioner advised that the sale of the 32 Clearview Dr property for a 10,000 square foot concrete product manufacturer is moving towards close (10 jobs). Anticipating announcement regarding significant investment in the near future. J. Veldman – Kudos to Heritage and Beautification committee regarding their work on the flower pots for businesses. Development Committee Meeting Minutes (July 10, 2018) - 5 - Existing developer advised that they are working on planning for a new residential subdivision that will bring 109 units (67 single family and 42 townhouses) to the Tillsonburg market in a prestige location. Will likely be focused on adult lifestyle. D. Calder advised that the North Broadway construction project (North Street to town limits) will be underway starting today with most traffic movement being accommodated. BTS Transit has been approved to provide ongoing transit services within the town, building on the T:GO pilot project. Town has been advised of $1.4 M for interregional transportation between Town and other projects in the area (Brant, Elgin, etc) and will be working to integrate with those projects. 11. Closed Session - None 12. Next Meeting The next meeting of the Development Committee is scheduled for 7:30 AM on Tuesday, August 14, 2018. 13. Adjournment Moved By: K. Heckford Seconded By: J. Veldman Proposed Resolution 3 The meeting adjourned at 10 AM. Carried