The URL can be used to link to this page

220809 Economic Development Advisory Committee AgendaPage 1 of 2 The Corporation of the Town of Tillsonburg Economic Development Advisory Committee August 9, 2022 7:30 a.m. AGENDA 1.Call to Order 2.Adoption of Agenda Proposed Resolution #1 Moved by: Seconded by: THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of August 9, 2022, be adopted. 3.Minutes of the Previous Meeting (attached) Proposed Resolution #2 Moved by: Seconded by: THAT the minutes as prepared for the Economic Development Advisory Committee meeting of July 12, 2022, be adopted. 4.Disclosures of Pecuniary Interest and the General Nature Thereof 5.General Business and Reports 5.1. Monthly Activity Update (attached) 5.2. Q2 Economic Development and Marketing Results (attached) 5.3. Supporting Social Housing Projects Ideas Discussion 5.4. Update on Tillsonburg Airport (attached) Page 2 of 2 6.Planning Items Circulation 7.Community Strategic Plan 7.1. Town Hall Task Force 7.2. Affordable and Attainable Housing Committee 7.2.1. Brainstorm Ideas to Encourage Meeting Needs of Individuals Using Ontario Works/ODSP 7.3. Boundary Adjustment Committee 7.4. Physician Recruitment and Retention Committee 8.Community Organization Updates 8.1. Downtown Business Improvement Association 8.1.1. Report from BIA Chair ED08-01 (attached) 8.2. Tillsonburg District Chamber of Commerce 8.3 Tillsonburg District Real Estate Board 8.3.1 July 2022 Statistics (attached) 9.Round Table 10. Next Meeting September 13, 2022 at 7:30 a.m. 11. Adjournment Proposed Resolution #3 Moved by: Seconded by: THAT the August 9, 2022 Economic Development Advisory Committee meeting be adjourned at _____ a.m. The Corporation of the Town of Tillsonburg Economic Development Advisory Committee July 12, 2022 7:30 a.m. Council Chambers MINUTES Present: Jesse Goossens, Andrew Burns, Dane Willson, Councillor Deb Gilvesy, Kirby Heckford, Lisa Gilvesy, Randy Thornton, Mayor Stephen Molnar, Steve Spanjers, Suzanne Renken Staff Present: Kyle Pratt, Chief Administrative Officer; Cephas Panschow, Development Commissioner; Gina Armand, Records & Legislative Coordinator Regrets: Cedric Tomico, Laura Pickersgill, Executive Assistant 1.Call to Order The meeting was called to order at 7:33 am by Chair Jesse Goossens. 2.Adoption of Agenda Resolution #1 Moved by: Andrew Burns Seconded by: Steve Spanjers THAT the agenda as prepared for the Economic Development Advisory Committee meeting of July 12, 2022, be adopted. Carried 3. Minutes of the Previous Meeting Resolution #2 Moved by: Councillor Deb Gilvesy Seconded by: Dane Wilson THAT the minutes as prepared for the Economic Development Advisory Committee meeting of June 14, 2022, be adopted. Carried 4. Disclosures of Pecuniary Interest and the General Nature Thereof There were no disclosures of pecuniary interest declared. 5. General Business and Reports a. Monthly Activity Update Development Commissioner provided an overview of the June monthly activity update. Highlights of the update including 42 lead opportunities year to date, completion of wayfinding signage project, etc. b. Community Improvement Plan- Updates to support Social Housing Committee members discussed the changes made to the Community Improvement Plan regarding support throughout the community for social housing projects. Resolution #3 Moved By: Andrew Burns Seconded By: Steve Spanjers THAT the Economic Development Advisory Committee recommends that the changes made to the Town’s Community Improvement Plan to support social housing projects throughout the community be supported. Carried It was suggested that Committee Members continue to think about creative ways to support social housing projects in partnership with the private sector and provide them to staff for consideration or bring to the next meeting in August for discussion. c.Terms of Reference Review There were no questions or inquiries in regards to the below items. i.Economic Development Advisory Committee ii.Affordable and Attainable Housing Committee iii.Boundary Adjustment Committee 6.Planning Items Circulation There were no items for circulation on this agenda. 7.Community Strategic Plan Chair would like to see the Local Terms attached to the next Agenda for discussion. a.Town Hall Task Force CAO provided an update with regards to obtaining an Environmental Assessment for the site at Brock/Harvey streets. Two quotes were in the process of being obtained, and the Town will be moving forward with the Environmental Site Assessment. b.Affordable and Attainable Housing Committee Chair requested that the 2021 Census Data be attached to the upcoming Agenda. Discussion on current CPI and concerns were raised due to the CPI not reflecting current rates. i.Oxford County Master Housing Plan Concerns regarding the Preliminary Report and it not addressing the current issue at hand. People who currently survive on ODSP or Ontario Works, appear not to be supported, especially with the current situation. Where is the line between Provincial and Municipal help? Committee Members agreed that they will come back with more ideas on how to encourage change. Mayor Molnar would like to see more focus on the Report. Perhaps bringing it to the attention of County Council. ii.Height Restrictions Report- Oxford County Development Commissioner advised the Committee that their recoomendation investigate the current height restrictions was passed at last night’s Council Meeting. The Economic Development Department are now looking at next steps. iii.Resolution Update- More Homes, More Choices Act There were no questions or inquiries from Members. c. Boundary Adjustment Committee Oxford County Planning has prepared updated estimates of the remaining land supply and the residential land inventory has decreased to approximately 25 years. This may decrease even further once current population growth is factored into an updated study. From an industrial perspective there does appear to be a need for additional industrial land within the planning horizon due to the increased absorption. Town Council approved a recommendation by the Boundary Adjustment Committee to retain a consultant to review the existing 2020 Study and to support the Town of Tillsonburg in their review of the future Population, Household and Employment Forecasts and Employment Lands Study at their June 27 meeting. Question as to why cross boarder servicing” is not permitted. It was advised that it is possible, but requires an Official Plan Amendment. d.Physician Recruitment and Retention Committee i.Oxford County Physician Recruitment Committee Members noted that the lack of physicians in Town is a major problem. There are lots of residents moving to Town who can’t acquire a Family Doctor. There are currently 3 vacancies that could accommodate new physician recruitments. 1.Recruitment Strategies Currently, Members are setting up a meeting to speak with a new family doctor, to gain insights as to how this Committee can help with the shortage of Family Practitioners in Town. 8.Community Organization Updates a.Downtown Business Improvement Association i.Report from BIA Chair- ED07-01 There were no comments or inquiries from Members. b.Tillsonburg District Chamber of Commerce There were no comments or inquiries from Members. c.Tillsonburg District Real Estate Board d.June 2022 Statistics Interest rates have increased, which is affecting the market and prices are down although. June sales were up. There may be a big shift in the fall. Recommended having the stats reported month by month. MLS sales are recorded geographically. 9.Round Table Development Commissioner provided an overview of the Conditional Sale Report between the Town of Tillsonburg and Schep’s Bakery Ltd. He also advised the Committee that the Van Norman Innovation Park is officially sold out. Chair requested a “Roadmap” to land strategy. 10. Next Meeting August 9, 2022 at 7:30 a.m. 11. Adjournment Resolution #4 Moved by: Steve Spanjers Seconded by: Kirby Heckford THAT the July 12, 2022 Economic Development Advisory Committee meeting be adjourned at 9:18 a.m. Carried Monthly Activity Update – (August 2022) Prepared for the Economic Development Advisory Committee Project Name/Reference Status Economic Development Strategy Update Approved in principle on March 14, 2022. Implementation items will be noted here as initiated/updated. Future Industrial Growth Council approved the award of RFP 2022-001 Real Estate Services contract to Avison Young until December 31, 2023 with the option to extend the contract by two 1 year periods subject to the Town entering into listing agreements for specific properties at the Town’s discretion. Avison Young has been notified and working through contract terms. High Tech Manufacturing Sub- cluster Action Plan Soft launch event held on July 14 with presentation from National Research Council and Manufacturing Technology Hub with 12 attendees. Feedback was very positive. Planning second event for Fall. Lead Generation 45 lead opportunities opened year to date Post-Secondary Education Enhancements Working on supporting increased engagement between high school and local businesses through enhancements to Career Studies courses. Providing speakers for in various occupations as requested by students. Town Hall Project Environmental Site Assessment on the “Greyfield” property to assess whether or not it is suitable for development is underway. Van Norman Innovation Park Awaiting revocation of historical Environmental Compliance Approval by Ministry of Environment, Conservation and Parks. 2 Simcoe St Staff reviewed this property standards issue with Building Department and with various options being considered. Will bring forward. Discover Tillsonburg Spring 2022 issue is being replaced with a pull-out section in the Tillsonburg News 150th Anniversary edition with a magazine edition returning in the Fall. Economic Development & Marketing –Q2 Results August 9, 2022 2 Outline •Key metrics •New Businesses •Closed Businesses 3 Key Metrics Q2 2021 (Actual)Q2 2022 (TARGET)Q2 2022 (Actual) Lead Files Opened 52 35 44 Lead Files Closed 33 25 34 Business Dev’t Outcalls 7 6 5 Corporate Visits 4 12 5 Client Visits 12 10 4 New Businesses Opened 11 7 20 Businesses Closed 7 N/A 6 4 Key Metrics Con’t Q2 2021 (Actual)Q2 2022 (TARGET)Q2 2022 (Actual) Website Activity – All Town Pages 277,178 N/A 296,767 Website Activity (Main Business Page) 1,250 1,700 1,154 Website Activity – (Available land/buildings and VIP pages) 1,382 N/A 1,840 5 New Businesses (Q1) •Q1: •Blake Envelopes –21 Innovation Dr •Blame it on my roots Beauty Bar –230 Lisgar Ave •Fairview Holdings -101 Cedar St •Freelance Copy Writing** -Home Occupation •Frontline Forklifts** -Home Occupation •Phil Fix’d It** -Home Occupation •Revive your Health –230 Lisgar Ave •The Mill Restaurant Inc* –20 John Pound Rd *Denotes business that replaced or took over an existing business/location with no material change in use **Denotes Home Occupation. Starting in 2020, these businesses have been included in new business start-ups to help identify entrepreneurial activity 6 New Businesses (Q2) •Q2: •Balan Engineering Corp** -Home Occupation •Bar Burrito –200 Broadway •Dande vintage & thrift –145 Simcoe St •Mr Lube & Tires* -593 Broadway •Off Grid Smokehouse & Market –92 Simcoe St •Popeye’s Lousiana Kitchen –164 Broadway •Preet Beauty Concept Inc** -Home Occupation •Spark Candle Co •Starbucks –38 Oxford St •Studio Rossa –13 Ridout St W •The Mediary Inc** -Home Occupation •Thriver Company –146 Tillson Ave 7 Closed Businesses •Q1: •Canadan Shoe Outlet –200 Broadway •Mill Tales Inn –20 John Pound Rd •Mobile Links –148 Broadway •Q2: •CRE Insurance –211 Broadway •Danscene –146 Tillson Ave •Take 5 Oil Change -593 Broadway Page 1 of 4 The Corporation of the Town of Tillsonburg Tillsonburg Airport Advisory Committee July 21, 2022 UPDATE 1) General Business and Reports a) Airport Development Manual • All comments on circulated manuals should be forwarded to the Airport Manager by August meeting. • Other manuals are still being updated and errors corrected on currently updated manuals. • The Airport Manager is currently reviewing all of the manuals and will send them out as they are updated. b) Hangar Updates • Emily Crombez was forwarded the Hydro One connection contact information as requested. c) Master Plan Update i) Update on Hydro Supply • Staff have received 5 of 27 of the load profile permission forms from Lessees. Further reminders will be sent. • Staff will forward specifications on the transformers to the Committee Members this week. ii) Taxiway Construction Update • A request to allow aircraft to use the newly paved taxiway was stated at the last meeting to sign a warning of maximum wing pan before using the new taxiway. Further research was completed by the Airport Manager to state it Page 2 of 4 does not meet the requirements to allow aircraft use and we will sign and paint it accordingly. “Road Hold Short Line” as permitting aircraft to use the taxiway, even with the warning sign, is still deemed unsafe. iii) Airport Fence and Gate Installation • The fence and gate structures are complete with exception to the access and the barbed wire. • Hydro ONE and the Electrical Contractor are working on the connection of the electrical supply to the gate. Timing is still yet to be determined. iv) Airport Security Camera Installation • Staff will be scheduling security camera installations once the fence and gate are complete. v) End of Runway Trees • Staff will be on site this week to determine property bar locations so we can effectively determine accurate property lines. • Jeff Miller has been contacted to provide a possible schedule once the property lines are determines. • Communications are being drafted for adjacent property owners to inform them of the tree removals. • Staff hope to schedule the removals in the summer. vi) Fuel Farm • Filter replacement has been completed. • New bonding cables and Jet” A” tank inspection still outstanding (to be scheduled after their vacation • Fuel system maintenance program schedule is in preparation. vii) Land Lease Fees – Changes to fees calculation • No update at this time. viii) ESA (Environmental Site Assessment) • This investigation will be included in the 2023 budget. • Staff will find out if this is mandatory. ix) Hangar Numbering • The new number signs have been ordered and awaiting delivery. Page 3 of 4 x) Drainage • The drainage channel clearing at the end 08 has been completed • The tree at the threshold of 08 has been removed. xi) Promotion • Staff met with senior staff at Loomex to discuss the Business Action Plan, still ongoing. xii) Marketing • Staff has met with the Town’s Economic Development team to also prepare and move forward on a plan to further promote the airport through Tourism groups. xiii) Other Fees: Landing, parking, Etc. • No update xiv) Capital Projects for 2023 • Extension of Taxiway C Southward - $50,000 • Back-up Terminal Generator - $10,000 • Phase Two ESA - $15,000 • Tractor/Equipment for Grass Cutting - $60,000 • Apron Extension - $185,000 • T-hangar 6/8 spaces (Town Owned) - $300,000 (Staff will request quotes for this T-hangar within the next two months. Budget request will be updated to reflect results from this investigation) Resolution #3 Moved by: Dan Cameron Seconded by: David Brandon THAT the Airport Advisory Committee believes all of the capital projects are important, however, if there is limited funding, the committee recommends that the number one priority is the apron extension. Response: Staff will assess all items noted in the Capital Projects plan as identified for the 2023 Budget in determining prioritized needs with the available budget. Carried xv) Development Strategy Page 4 of 4 • No update d. Safety Spreadsheet • No update c. Fuel Sales and Airport Movement • Link to access Fuel Sales - https://datastudio.google.com/reporting/a8138cca-a614-4017-b562- 178c0f5e275c • Link to access Airport Movements – https://datastudio.google.com/reporting/7ae51da4-8f2f-4f42-9601- 53ca5756ba13 6) Other Business • No update 7) Next Meeting August 18th, 2022 at 5:30 p.m. 87 9.11 Infrastructure Development Plan Stemming from the consultations, airport operations analysis and the infrastructure assessment report, several rehabilitation and expansion projects will be required over the duration of this plan. Main Apron Expansion The Airport is facing several main apron issues heighten by weekend traffic. These issues include but are not limited to: • The lack of space and/or dedicated run-up area. • The lack of aircraft parking space and tie-downs. • Taxiway Alpha and Apron congestion. • All taxiways tying back to the main apron. • Fuel farm located at the entrance to Delta reducing movement areas. • Growing number of on-site hangars and aircrafts. • Growing number of itinerant flights generated by the Airport restaurant. To alleviate these issues a series of recommendations are suggested: A) Expansion of the main apron by 32,000 sq ft eastward and connected to the south to Taxiway Bravo a. This expansion would allow for the fifteen (15) new aircraft parking and tie-downs spaces. b. It would also allow for the provision of a run-up area close to the access to taxiway Alpha. c. Direct aircraft away from the fuel farm area. d. Make use of Taxiway Bravo which is usually less occupied on weekend access when CHAA aircraft are operating. e. Longer term, the main apron will need to be rehabilitated (repaved). General Aviation Area Taxiways Rehabilitation and Expansion The General Aviation Area is also facing several taxiway issues. These issues include but are not limited to: • G1 is not properly configured and sized (width, weight capacity, distance to objects, turning radius) for the type of hangars being developed and associated aircraft. • G1 is not directly connected to Delta. • G1 can be expanded to host more hangars. • G2 can be expanded to host more hangars. • G3 is not directly connected to Delta. • G3 can be expanded to host more hangars. • Mid- to long-term development will require the addition of other GA taxiways (G4 and G5). To alleviate these issues a series of recommendations are suggested: 88 A) G1 is hosting and supporting hangars of up to 60 x 60 sq ft. This type of hangar can accommodate turboprop aircraft such as the King Air, Pilatus, and Cessna Caravan along with small business jets. These are aircraft group number II (AGN II). G1 has an actual width of 5.25 metres but is located less than 5 meters from the westside hangars. Transport Canada regulations obligate a minimum of 15.5 meters from the taxiway centreline (or 11 metres from the taxiway edge) to any obstacle for AGN I aircraft and 20 meters from the taxiway centreline (or 12.5 metres from the taxiway edge) to any obstacle for AGN II aircraft. So, we recommend G1 be relocated 8 meters to the east and widen to 7.5 meters ensuring the new location meets the above standards. G1 is also presently connected to G2 by a sharp angle turn. This configuration is highly irregular and cannot support AGN II aircraft. To solve this issue and provide a more efficient taxiway system, we recommend G1 be extended to Delta. Such a decision will require the removal of the four (4) bay hangar built at an angle many years back. This hangar can be relocated between G1 and G2 in place of the former G1 sharp turn. Finally, G1 can also be extended south to allow for more hangar construction, however, in doing so, we are recommending that the extension of G1 plan for a slight bend to the east and then continue straight south to avoid issues with potential sloping. B) G2 presently acts as the main access lane to the general aviation area connecting with Delta. With the planned construction of the General Aviation Access Road, there will be room to expand G2 south to add more hangars. Once, there no more spaces available on existing taxiways we recommend G2 be extended to support future growth. In Phase Three (3) of the plan, we also recommend G2 be extended north to connect with runway 08-26. This extension would ease pressure on the main apron and Alpha, reduce congestion and conflicts around the fuel farm and allow for the airport to taxi directly on and off the main runway. This new taxiway could be an extension of G2 or designated as Taxiway Echo (E). C) G3 is in a comparable situation as G1 as it connects to G2 and not Delta. There is also room for a few new hangars on G3 and room to expand north and south. While the southern extension is easily doable, the northside extension to join with Delta will have to take into consideration the faulty location of the first two G2 westside hangars which are not aligned with other G2 west hangars and may create an obstacle limitation non-compliance. G3 will need to be realigned to allow enough separation between taxiway edges and buildings. 89 D) Once all hangars’ spaces on G1, G2 and G3 have been leased or occupied, YTB should move ahead and build G4 (and subsequently G5). The sizing of these taxiways should be planned accordingly with the types of aircraft TB attracts the most. Presently G1 and G3 host AGN II hangars so logically all generous size hangars should be directed to these taxiways and smaller AGN I aircraft hangars to G2 and G4. Taxiways Rehabilitation and Expansion The four (4) official taxiways at the airport are in overall good condition. The planned development of YTB will still require various work on all of them. For Taxiways Bravo and Charlie, their extension is tied to market demand and commercial hangar development. No major rehabilitation work in the plan duration of the report is envisioned. For Taxiway Alpha, our recommendation would be to widen it by another 15 meters (7.5 meters on each side) starting at the runway edge and running south to the main apron edge. This expansion will allow for two (2) general aviation aircraft to cross. Markings and lighting will have to be updated and moved to properly guide aircraft and allow for enough clearance. Taxiway Delta is the main general aviation artery. Presently all traffic is funnelled through taxiway G2. A proper taxiway design would see all “G” taxiways connecting to Delta. Our recommendation is to extend Delta to G3 (according to the implementation plan) and when required to G4 and G5. As previously mentioned, we are also recommending a new taxiway to be built between Delta and Runway 08/26. This new taxiway could be an extension of G2 or designated as Taxiway Echo (E). Depending on the volume of movements and the availability of the run-up area created beside the main apron, a second round-up area could be added to the side of Taxiway Echo. Runway 08/26 It is noted that the operational runway length is restricted by the presence of trees on the approach to runway 26 and a 1,000-foot displaced threshold is in effect. This situation is well known and documented. The main runway is in fair to good condition and the expected life is over 15 years with annual maintenance. A runway overlay is recommended in phase 3 if needed, along with an annual crack filing program. Grass Runways Two secondary grassed runways (02-20, 14-32) also exist and are not maintained during winter months. Runway 02-20 would need heighten maintenance for a few years. Runway 14-32 is in good condition. Both grass taxiway should be rolled a few times every year and sowed annually. 9.12 Development Layout Plan For reference, the darker green line indicates areas that will be expanded. Yellow and beige indicate new roads and road displacement. A fence has been added which separates the parking from airside by the administrative building (terminal). A gate is also situated at the commencement of the general access. 90 9.12.1 Short Term Plan 91 Figure 14 - Proposed Apron Expansion 92 9.12.2 Long-Term Plan 93 9.12.3 Long-Term Plan Zoomed in without the runway Page 1 of 4 Report from BIA Chair – ED08-01 To: Economic Development Advisory Committee From: Cedric Tomico – DTBIA Chair Date: August 3rd, 2022 Subject: DTBIA business update The following status report is provided to the ECDEV Advisory Committee: Financial/budget: - 2022 financials are well controlled to date. - Long-term debt of the organization will have been reduced significantly from a high of $128,268 as at 12/31/18 to $66,454 – nearly in half in 4 years with all remaining debt being fully retired by end of calendar year 2028. - The 2023 and 10-year plans will include budgeted revenues for all future capital spending as it is required without the placement of debt. See report item below. Operations & Beautification: - Watering has been a challenge given the extreme heat events however the plants and foliage are performing well. - There are additional dead trees to be replaced in conjunction with the Town’s forces - to be remedied. Target date is end of August. - The ambassador team has been busy tackling areas requiring detailed cleanliness including the Broadway/Oxford parkette which was fully de-weeded the week of July 25th; as was the majority of the Oxford Street corridor. Membership update: - Namu Sushi/Japanese restaurant officially opened the week of July 25th to rave reviews and a demand for business that was unexpected. - Steve Verhoeve has opened an on-line clothing and lifestyle company called VIZUL (pronounced “visual”); with the headquarters being downtown Tillsonburg. This is an online business with no street-facing retail. - The ED is working with several clients who are looking to open downtown businesses. Page 2 of 4 - There are several active files open at the Tillsonburg Town Centre mall with 2 new stores on the horizon which will necessitate the relocation of at least one of the longer- term tenants – we will update the ECDEV committee when further details are made public. The former lottery kiosk is being demolished and removed – it was permanently affixed to the floor, and this necessitated a temporary demising wall required under the OBC. - The DTBIA team continues to work closely with the Tillsonburg Town Centre mall team on various promotional opportunities. Façade Improvement Program/building storefront update: The ED met with David Frei on August 2nd to determine a design/rendering proposal for the former radio station building at 77 Broadway as had been previously discussed at the FIP committee. There are active files for 4 other properties and 1 new expression of interest. There are 2 projects that remain either incomplete or under construction. Human Resources: Karlee Slattery has left the DTBIA and has joined the Tourism Oxford team as a Tourism Officer. We wish to thank Karlee for her exemplary efforts at building the new DTBIA branding, communications, and marketing strategies for the past 3 ½ years. Karlee has left a great platform and processes in place which continue to be implemented by our summer student, Naomi Dube, who is with us until the end of August. The DTBIA HR Committee will need to provide direction regarding the recruitment and hiring process for this vacant position. There will also be a need to re-evaluate the position requirements and salary range given the hyper-competitive nature of the labour market and the skills required to maintain the levels of work output & production that we’ve seen January 2019. The summer students/ambassadors will all be finishing up as of August 31st, 2022, and we will revert to historically seasonal staffing levels as we transition to the fall season. Events & Marketing: Several new programs are in the conceptual stage focused on new resident engagement. Given the ongoing influx of new consumers to the Tillsonburg market area; this is a critical segment to market to and we will be creative in executing all tactics. The Summer Sidewalk Days promotion will be executed as planned – August 11-13. The team continues to work with off-Broadway member businesses with A-frame signage and other tactics to drive traffic to the side streets. The team will be working with the Town Centre Mall team on “Back to School” promotions. Metrics for social media engagement and website hits continue to track and trend very positively/favourably vs. prior year. Page 3 of 4 The new BIA work truck featuring our new graphics and sponsors was featured in the London Pride parade which had an historic number of entries (120); a record crowd estimated at 100k; record corporate representation; and several businesses from Tillsonburg also had parade entries. We received critical accolades from the London civic community, business owners and from the executive of Pride London for our entry. OBIAA update: Our provincial advocacy group is spearheading/leading several important initiatives as outlined below: 1) Implementation of a province-wide CRM program to better manage all elements of membership engagement; this includes detailed META-level analytics; 2) Significant lobbying efforts to the provincial and federal governments has yielded strong results with many more programs that are BIA-eligible for implementation. 3) Pursuing changes to the Municipal Act to allow BIA’s more autonomy from their host municipality to include streamlining of governance; creation of economic development tools; asset management; longer-term planning/budgeting; authority for purchasing and the placement of debt(s). 4) Changes to assessment regulations and parameters to capture tax classes that remain exempt from the levy. Such examples are institutions; places of worship; government offices; etc. where a minimum levy may be payable given the demand to/for BIA services such as beautification, etc. ED work plan & progress: The 2023 budget and business plans are being finalized; as is the 10-year capital and operating plan. The Town of Tillsonburg Finance Team has directed us to fund all future capital projects internally without the placement of debt. This will necessitate a structural change to the annual budget by adding a revenue line for yearly capital projects. Efforts continue to facilitate negotiations for a full-service hotel in the downtown area to address the largest gap identified from a tourism, venue, and service perspective. The ED has reached out to 5 national retailers about a presence in downtown Tillsonburg. We are aware of 3 other chains that have Tillsonburg in their sights. The Human Resource Plan for 2023 and beyond is almost complete and will form an integral part of the 2023 budget & business plans. The team has implemented a Joint Health & Safety Committee commensurate with the threshold being surpassed due to the number of summer/seasonal students. Resources have been allocated to ensure that all requirements are being met. Page 4 of 4 General information: The City of Toronto BIA’s continue to underperform their peers in North America by reporting that business levels are only at 46% of the 2019 actual results. Toronto is among the worst performers in North America being joined by the cities of Oakland, California; Calgary, Alberta; and New Orleans, Louisiana. You may recall that Toronto was the city with the longest period of lockdown(s) during the pandemic. The OBIAA leadership team headed by Kay Matthews continues to meet regularly with senior levels of government to advocate and press the decision-makers to continue to allow BIA’s to act as economic development drivers. It has been proven during the pandemic that those BIA’s with strong leadership and operational teams have generally outperformed their peers. Summary: The downtown is experiencing a boom in pedestrian and vehicular traffic requiring additional resources to maintain a pristine environment. The team is progressing well with the 2022 plans, and we are excited to be a part of a growing Tillsonburg. We look forward to a robust budget and business plan discussion for 2023 and beyond. YEAR TO DATE MONTHLY 2022 2021 % Difference 2022 2021 % Difference $ value of Total Units Sold $752,221,957 $764,235,483 -1.57%$56,170,900 $96,762,027 -41.95% $ value of Residential Units Sold $593,893,630 $635,222,831 -6.51%$47,183,000 $83,532,632 -43.52% $ value of Other Units Sold $158,328,327 $129,012,652 $8,987,900 $13,229,395 Total # of Units Sold 933 1207 -22.70%72 163 -55.83% # of Residential Units Sold 809 1037 -21.99%64 141 -54.61% # of Other Units Sold 124 170 8 22 Total # of New Listings 1785 1549 15.24%253 238 6.30% Total # of New Residential Listings 1487 1285 15.72%213 202 5.45% Total # of Other New Listings 298 264 40 36 Total # Currently on Market See Monthly Numbers 574 # of Residential Currently on Market See Monthly Numbers 417 # of Other Listings Currently on Mkt See Monthly Numbers 157 RESIDENTIAL SALES Accum.Accum.Month Reporting Month Reporting BY PRICE CATEGORY 2022 TTL 2021 TTL 2022 2021 AVERAGE RESIDENTIAL SALE PRICE $ - $299,999 14 29 3 5 $300,000 - $499,999 121 314 13 46 $500,000 - $599,999 142 245 14 33 2022 2021 % Difference $600,000 - $699,999 158 165 11 28 MONTH $737,234 $592,430 24.44% $700,000 - $799,999 125 111 12 12 YTD $734,108 $612,558 19.84% $800,000 - $899,999 95 79 3 7 $900,000 - $999,999 59 30 0 2 $1,000,000 - 1,099,999 26 21 3 3 $1,100,000 - 1,199,999 13 41 1 2 Over - $1,200,000 56 2 4 3 for “Tillsonburg District” definition see Region & Municipality below. MLS® ACTIVITY FOR THE MONTH ENDING July, 2022 TILLSONBURG DISTRICT REAL ESTATE BOARD All YTD Totals may not match the month to month cumulative total due to continuous, live updates of data combined with permitted timing of entry. The information only represents MLS® listings sold and reported through ITSO. The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, the Tillsonburg District Real Estate Board does not assume any responsibility or liability. Municipality: Tillsonburg, Norwich Twp, SW Oxford, Bayham, Charlotteville, Delhi, Houghton, Middleton, N Walsingham, S Walsingham, Port Rowan, Town of Simcoe, Windham Region: Elgin, Oxford, Norfolk Tillsonburg District Real Estate Board 1 Library Lane, Unit 202 Tillsonburg, ON N4G 4W3 Phone: 519-842-9361 Source: The Canadian Real Estate Association and the Tillsonburg District Real Estate Board MLS® System. REALTOR® is a trademark, which identifies real estate professionals who are members of the Canadian Real Estate Association and, as such, subscribe to a high standard of professional service and to a strict Code of Ethics. TOWN OF TILLSONBURG’S REAL ESTATE MARKET REPORT FOR JULY, 2022 ** It is important to note that the percentage of difference compared to July 2021 was significantly impacted by the newly implemented restrictions related to COVID- 19 and July may not accurately reflect a real percentage of change for that time. The number of homes sold through the MLS® System of the Tillsonburg District Real Estate Board totalled 17 units in July 2022. This was a decrease of 52.8% from July 2021. On a year-to-date basis, home sales totalled a record 190 units over the first seven months of the year. This decreased by 28.3% from the same period in 2021. The overall MLS® Home Price Index (HPI) composite/single-family benchmark price was $639,900 in July 2022, a substantial gain of 18.2% compared to July 2021. The average price of homes sold in July 2022 was $614,971, increasing by 14.7% from July 2021. The more comprehensive year-to-date average price was $673,440, rising 17.9% from the first seven months of 2021. The number of new listings saw an increase of 14.0% from July 2021. There were 49 new residential listings in July 2022. Active residential listings numbered 90 units on the market at the end of July up by 246.2% from the end of July 2021. Months of inventory numbered 1.5 at the end of July 2022, up from 0.5 months recorded at the end of July 2021. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. CONTACT: TDREB PRESIDENT 2022 Bryan Wiltshire bryan@wiltshireteam.ca 519-842-7351 TDREB GR CHAIR Dane Willson dane@danewillson.ca 519-842-8418 TDREB EXECUTIVE OFFICER Linda Van Hooren tburgreb@bellnet.ca 519-842-9361 Source: The Canadian Real Estate Association & the Tillsonburg District Real Estate Board MLS® System. The trademark MLS®, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professiona ls who are members of CREA. TOWN OF TILLSONBURG Year to Date Housing Market Update for July 2022* *Based on residential data from the Tillsonburg District Real Estate Board MLS® System. All percentage changes are year over year comparisons. Home Sales down 28.3% Home Sales numbered 190 units July 2022 YTD, down 28.3% compared to the 265 units sold July 2021 YTD. Inventory change 200.0% **July 2022 YTD had 1.5 months of inventory, up from 0.5 months at the end of July 2021. New listings up 12.2% There were 331 new listings July 2022 YTD, up 12.2% compared to 295 new listings July 2021 YTD. Benchmark price up 18.2% The benchmark price was $639,900 July 2022 YTD, up 18.2 % from July 2021 YTD. **The year-to-date months of inventory figure is calculated as average active listings from January to current month/average sales from Jan uary to current month. Property Client Thumbnail Client Thumbnail 60 CEDAR St Tillsonburg MLS® #: 40300104 Active / Commercial Sale Price: $5,400,000.00 MLS®#:40300104 Region:Oxford Bldg Area Total:71,400 Municipality Area:Tillsonburg Lot Size Area:9.71 Neighbourhd/SubDist:Tillsonburg Lot Front: Property Sub Type:Building and Land Lot Depth: Business Type:Tax Amount:$25,586 Waterfront Y/N:No Tax Year:2022 Over 71,000 sq.ft building on 9.7 +/- Acres in Tillsonburg. Approximately 8400 sq.ft. is office space divided in multiple offices. Approximately 63000 sq.ft. of warehouse space with 15 feet clearance under the lights. Warehouse has updated LED lighting with motion sensors that will turn on lights automatically when motion is detected. Warehouse and offices are equipped with overhead sprinkler system. three overhead doors at dock level and five (12' x 12) overhead doors at drive in level. Multiple entrances. The MG-4 Zoning Permits A Wide Range Of Uses. Approximately 25 minutes to the 401. No Sunday Showings. Client Thumbnail 127 BROADWAY St Tillsonburg MLS® #: 40243733 Active / Commercial Sale Price: $895,000.00 MLS®#:40243733 Region:Oxford Bldg Area Total:9,506 Municipality Area:Tillsonburg Lot Size Area:4,561.00 Neighbourhd/SubDist:Tillsonburg Lot Front:27.23 Property Sub Type:Building and Land Lot Depth:167.50 Business Type:Tax Amount:$8,077 Waterfront Y/N:No Tax Year:2021 Commercial investment opportunity. Retail/office property located in the prime core area of downtown Tillsonburg, next to RBC Bank. Spacious display area of combined total of approximately 6889 sqft located on main floor and lower level. New heating and A/C in 2021, main roof installed in 2016 and second floor roof installed in 2013. This well maintained property features spacious open unencumbered display/office area. Second floor has administration and clerical area. Ample street level and municipal parking nearby. Building is currently occupied by retail men's and ladies store in front as well as a small beauty parlor in back. Building, freight delivery and beauty parlor have rear entry access at alley. Client Thumbnail 150 BROADWAY St Tillsonburg MLS® #: 40300032 Active / Commercial Lease Price: $15.50/Sq Ft Net MLS®#:40300032 Region:Oxford Bldg Area Total:1,174 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:31.12 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount: Waterfront Y/N:No Tax Year:2022 High traffic space available in Tillsonburg's downtown core. This main floor unit has 1174 square feet with many permitted uses under its Central Commercial zoning. Two entrances into the space - one from Broadway and another at the rear. Loads of Angled front street parking and tons of foot traffic from the sidewalk and nearby cross walk intersections. Inside soaring ceiling height creates an open, inviting atmosphere and allows for a number of configurations and displays. Immediate occupancy available with options to design your space! Client Thumbnail 148 BROADWAY St Tillsonburg MLS® #: 40299995 Active / Commercial Lease Price: $15.50/Sq Ft Net MLS®#:40299995 Region:Oxford Bldg Area Total:1,225 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:31.12 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount: Waterfront Y/N:No Tax Year:2022 High traffic space available in Tillsonburg's downtown core. This main floor unit has 1225 square feet with many permitted uses under its Central Commercial zoning. Two entrances into the space - one from Broadway and another at the rear. Loads of Angled front street parking and tons of foot traffic from the sidewalk and nearby cross walk intersections. Inside soaring ceiling height creates an open, inviting atmosphere and allows for a number of configurations and displays. Immediate occupancy available with options to design your space! Client Thumbnail 213 TILLSON Av #B Tillsonburg MLS® #: 40291861 Active / Commercial Lease Price: $13.50/Sq Ft Net MLS®#:40291861 Region:Oxford Bldg Area Total:1,500 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:133.69 Property Sub Type:Building Only Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:No Tax Year:2022 Amazing location! Fully fitted out space with private offices, professional reception/waiting area, Glass walled conference room all on a busy arterial road in a well managed premier building. Do not let this opportunity pass! Bring your growing business. Immediate possession available! Client Thumbnail 96 TILLSON Av #3,4,5,6 Tillsonburg MLS® #: 40287506 Active / Commercial Lease Price: $1,050.00/Month Gross Lease MLS®#:40287506 Region:Oxford Bldg Area Total: Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:0.00 Property Sub Type:Office Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:No Tax Year:2022 PROFESSIONALISM AT THE NEXT LEVEL. Here is a rare opportunity to find a space for your business in Tillsonburg's Livingston Centre! Available are a number of office suites that are ready for you to set up shop! As a tenant of this facility, you will enjoy the benefits of: free wifi, all-inclusive rent (+HST), free parking for your clients, boardroom access, access to the centres professional reception desk/services, weekly cleaning, etc. Also, on site is a established daycare that may prove to be helpful to yourself or clients. This location is a known centre and resource for business and education in Tillsonburg. There is plenty of parking and you are surrounded by schools, parks and shopping. Only steps from the downtown core. Inquire today Client Thumbnail 1 LIBRARY Ln #202 Tillsonburg MLS® #: 40281993 Active / Commercial Lease Price: $1,050.00/Month Gross Lease MLS®#:40281993 Region:Oxford Bldg Area Total:850 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:77.53 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:No Tax Year:2022 Central location! Excellent office location in the heart of Downtown. Lots of municipal parking, steps to all the Downtown amenities. Unit is approximately 850 square feet at 1050 per month semi gross lease. Client Thumbnail 71 BROADWAY St Tillsonburg MLS® #: 40280052 Active / Commercial Lease Price: $1,600.00/Month Net Lease MLS®#:40280052 Region:Oxford Bldg Area Total:1,200 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:18.00 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount: Waterfront Y/N:No Tax Year: AFFORDABLE OPPORTUNITY IN THE CORE! Don't miss your opportunity to lease this recently renovated unit with slick brick front entry greeting area, rustic hardwood floors and high ceilings. 71 Broadway is located at the centre of the universe in Tillsonburg! With nearly 1200 square ft, this charming space is ideal for retail, office, or any other of the many uses that the property's CC zoning allows! This unit has barrier free entry, accessible washroom, high ceilings and plenty of free municipal parking the rear. The space has an office and rear storage area with sink as well. Tenant responsible for utilities, taxes, internet, etc. Client Thumbnail 77 BROADWAY St Tillsonburg MLS® #: 40275606 Active / Commercial Lease Price: $18.00/Sq Ft Net MLS®#:40275606 Region:Oxford Bldg Area Total:4,287 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:25.98 Property Sub Type:Building Only Lot Depth:176.50 Business Type:Tax Amount:$22,856 Waterfront Y/N:No Tax Year:2021 High traffic corner space available in Tillsonburg's downtown core. The main floor unit has 4,287 square feet with the option to separate the space. Two entrances into the space including one right off Broadway Street. Municipal parking lot located in the back and to the South, along with street parking right out front and side. The Central Commercial zoning allows for a wide variety of uses. Client Thumbnail 1444 BELL MILL Sr Tillsonburg MLS® #: 40252986 Active / Commercial Lease Price: $6,042.00/Month Net Lease MLS®#:40252986 Region:Oxford Bldg Area Total:10,000 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:608.34 Property Sub Type:Building Only Lot Depth: Business Type:Tax Amount:$0 Waterfront Y/N:No Tax Year:2022 Excellent opportunity for large facility on main arterial road (Highway 3) in Tillsonburg Industrial zone. Facility features a 10,000 square foot unit with ample space for outside storage or parking available. Large paved parking area at front with two dock level doors at the rear. 14' clear height throughout building. Triple net lease. Be sure to use the 3D tour to explore the properties full potential! Client Thumbnail 1444 BELL MILL Sr Tillsonburg MLS® #: 40252766 Active / Commercial Lease Price: $6.75/Sq Ft Net MLS®#:40252766 Region:Oxford Bldg Area Total:30,000 Municipality Area:Tillsonburg Lot Size Area:7.07 Neighbourhd/SubDist:Tillsonburg Lot Front:608.34 Property Sub Type:Industrial Lot Depth: Business Type:Tax Amount:$1 Waterfront Y/N:No Tax Year:2020 Excellent opportunity for large facility on main arterial road (Highway 3) in Tillsonburg Industrial zone. Facility features a 30,000 square foot unit with ample space for outside storage or parking available. Approximately 20,000 feet of air conditioned space. Bright newly renovated entry/reception/showroom area and freshly updated washrooms. Large paved parking area at front with rollup door and grade level loading. Rear features two dock level doors and one grade level door. 14' clear height throughout building. Triple net lease. Be sure to use the 3D tour to explore the properties full potential! Client Thumbnail 1444 BELL MILL Sr Tillsonburg MLS® #: 40252706 Active / Commercial Lease Price: $6.50/Sq Ft Net MLS®#:40252706 Region:Oxford Bldg Area Total:40,000 Municipality Area:Tillsonburg Lot Size Area:7.07 Neighbourhd/SubDist:Tillsonburg Lot Front:608.34 Property Sub Type:Industrial Lot Depth: Business Type:Tax Amount:$1 Waterfront Y/N:No Tax Year:2020 Excellent opportunity for large newly renovated facility on main arterial road (Highway 3) in Tillsonburg Industrial zone. Facility features 40,000 square feet of space with ample space for outside storage or parking available. Approximately 30,000 feet of air conditioned space. Large open entry for showroom or reception and lots of freshly renovated washrooms. Large paved parking area at front with rollup door and grade level loading. Rear features four dock level doors and one grade level door. 14' clear height throughout building. Triple net lease. Be sure to use the 3D tour to explore the properties full potential! Client Thumbnail 67 BROADWAY St Tillsonburg MLS® #: 40251501 Active / Commercial Lease Price: $1,800.00/Month Net Lease MLS®#:40251501 Region:Oxford Bldg Area Total:800 Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:18.00 Property Sub Type:Part of Building Lot Depth: Business Type:Tax Amount:$1,200 Waterfront Y/N:No Tax Year:2021 HERE IS YOUR OPPORTUNITY TO HAVE AN AFFORDABLE STOREFRONT IN TILLSONBURG'S COVETED DOWNTOWN CORE. CURRENTLY OPERATING AS BROADWAY LAUNDROMAT, THIS SPACE OFFERS 800 SQUARE FEET OF CLEAN OPEN SPACE WITH PLENTY OF POWER, PLUMBING AND HIGH CEILINGS. THIS IS IDEAL FOR RETAIL, OFFICE SPACE OR A MULTITUDE OF OTHER POSSIBILITIES WITH TILLSONBURG'S CC (CENTRAL COMMERCIAL) PERMITTED USES. TRIPLE NET LEASE WITH FIVE YEAR TERM PREFERRED. DEPENDING ON SCOPE OF BUSINESS INTENDED, THE POSSIBLIITY OF A CREATIVE ARRANGEMENT INVOLVING THE COIN OPERATED LAUNDRY MACKINES DOES EXIST! Protected by copyright. All use of MLS® System data is at your own risk. Information is deemed reliable but Information Technology Systems Ontario makes no warranties or representations regarding the MLS® System data.