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220913 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. Council Chambers 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 September 13, 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 August 9, 2022, be adopted. 4.Disclosures of Pecuniary Interest and the General Nature Thereof 5.General Business and Reports 5.1. Terms of Reference- Laura Pickersgill (attached) 5.2. Monthly Activity Update (attached) 5.3. Van Norman Innovation Park- Roadmap (attached) Page 2 of 2 5.4. Tillsonburg Airport Discussion 6.Planning Items Circulation 7.Community Strategic Plan 7.1. Town Hall Task Force 7.2. Affordable and Attainable Housing Committee 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 ED09-01 (attached) 8.2. Tillsonburg District Chamber of Commerce 8.3 Tillsonburg District Real Estate Board 8.3.1 August 2022 Statistics (attached) 9.Round Table 10. Next Meeting October 11, 2022 at 7:30 a.m. 11. Adjournment Proposed Resolution #3 Moved by: Seconded by: THAT the September 13, 2022 Economic Development Advisory Committee meeting be adjourned at _____ a.m. Page 1 of 7 The Corporation of the Town of Tillsonburg Economic Development Advisory Committee August 9, 2022 7:30 a.m. Present: Jesse Goossens, Andrew Burns, Cedric Tomico, Dane Willson, Councillor Deb Gilvesy, Kirby Heckford, Lisa Gilvesy, Mayor Stephen Molnar, Steve Spanjers, Suzanne Renken Staff: Kyle Pratt, Chief Administrative Officer; Cephas Panschow, Development Commissioner; Laura Pickersgill, Executive Assistant Regrets: Randy Thornton MINUTES 1. Call to Order The meeting was called to order at 7:36 a.m. 2. Adoption of Agenda Resolution #1 Moved by: Cedric Tomico Seconded by: Lisa Gilvesy THAT the Agenda as prepared for the Economic Development Advisory Committee meeting of August 9, 2022, be adopted. Carried 3. Minutes of the Previous Meeting Page 2 of 7 Resolution #2 Moved by: Andrew Burns Seconded by: Councillor Deb Gilvesy THAT the minutes as prepared for the Economic Development Advisory Committee meeting of July 12, 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 5.1. Monthly Activity Update Cephas Panschow provided an overview of the monthly activity update for economic development. Staff will include more details on the timeline for the 2 Simcoe Street property. Staff will provide an update on the status of phase 2 Van Norman Innovation Park at the next meeting. Kirby Heckford joined at 7:42 a.m. 5.2. Q2 Economic Development and Marketing Results Cephas Panschow provided an overview of the second quarter economic development and marketing results. It was noted that business openings are beginning to increase back to pre- pandemic levels. It was mentioned as to whether there are more by-law related complaints or not due to the increase of home occupations. 5.3. Supporting Social Housing Projects Ideas Discussion There was a detailed discussion regarding support options for social housing in Tillsonburg. Ideas and thoughts that spurred from that discussion included: • Council advocacy at the Provincial level needs to continue • More online advertising needs to be done for the More Homes More Choices funds that are available for distribution to affordable housing projects Page 3 of 7 • Oxford County should be seeking more funding opportunities for these types of projects • Zoning restrictions on mobile and tiny home developments need to be loosened • A subdivision of tiny or mobile homes would be an easier option since there would be less infrastructure needs but rather just servicing required • The mobile home park on North Street has a density of 13 units/acre which is much more than single family dwellings have • Mobile and tiny home developments should not be stacked too close together as consideration needs to be given to parking requirements, snow removal space, and community gathering space • Ownership of a tiny or mobile home is the key to being able to save up for a single family dwelling in the future rather than renting an apartment • There is difficulty getting mortgages on tiny and mobile homes as owners are only securing the asset and not the land underneath of the home • Allowing greater lot coverage to developers for affordable housing projects could be an incentive • Suggestion for Town Council to discuss cross border servicing with County Council • Rent to own programs needs to be more accessible • My second unit program being considered by County Council would be helpful • Many garages with lofts are now being approved by Councils • The Town is currently undergoing the public engagement process to amend local comprehensive zoning policies to accommodate Additional Residential Units (ARUs) • Airport lands could potentially be used for housing development however servicing and zoning remains an issue Staff to gather all ideas from the Economic Development Committee members regarding this topic and include that as an item for discussion at an upcoming Affordable and Attainable Housing Committee meeting. 5.4. Update on Tillsonburg Airport A discussion was held regarding the hydro infrastructure problem at the Tillsonburg airport and there is a study being done with ERTH Corp. Town representatives will be discussing hydro concerns next week during their delegation meetings with the Ministry of Energy and Hydro One Networks Inc. at the AMO Conference. Page 4 of 7 It was noted that approval processes for building hangars have been taking too long. It was mentioned that Loomex Company has taken over airport management recently and have been doing a great job in their role at the airport and are improving inefficiencies. A discussion was held regarding the fact that these lands could be leveraged for better uses such as for an aircraft maintenance provider. Loomex is working on developing a comprehensive marketing program. It was suggested that the County’s transportation plan needs to include more information about the airport. Staff are working on promoting tourism activities with the airport as part of the 2022 business plan for the economic development department. Staff will circulate the 2021 Airport Master Plan following this meeting. It was noted that the Town currently does not receive any taxation revenue from the airport and that staff have approached the Township of South-West Oxford regarding a cost-sharing model for the airport with no further movement at this time. This item to be added to the next agenda. 6. Planning Items Circulation There were no planning items for circulation on this agenda. 7. Community Strategic Plan 7.1. Town Hall Task Force It was noted that environmental testing is underway and locates have been ordered. Once locates are complete then bore holes can be dug. It was suggested that locates are taking longer to be completed than in the past. It was mentioned that Council had directed staff to connect with Strathallen, the owner/landlord of the Town Centre Mall, regarding the purchase of the Town leased lands around the mall property. In summary, Strathallen was not interested in purchasing these lands at this time. It was suggested that maybe another developer may be interested in purchasing these lands instead. Page 5 of 7 7.2. Affordable and Attainable Housing Committee 7.2.1. Brainstorm Ideas to Encourage Meeting Needs of Individuals Using Ontario Works/ODSP A brief discussion was held regarding the difficulty for those living on ODSP and Ontario Works payments to be able to remain financially sustainable as these types of payments often dictate what portion will be allocated to certain kind of payments. 7.3. Boundary Adjustment Committee It was noted that Cedric Tomico presented to Council on behalf of the Boundary Adjustment Committee and it was resolved that staff would produce an RFP to retain a consultant to review the existing Hemson report and current status of land. The target date of completion of this RFP is September. 7.4. Physician Recruitment and Retention Committee The next meeting is scheduled for September 20, 2022. Town representatives attending the AMO Conference next week will be presenting the concept of a medical centre to various Ministries during their delegation meetings. 8. Community Organization Updates 8.1. Downtown Business Improvement Association 8.1.1. Report from BIA Chair ED08-01 Cedric noted that sidewalk days are happening downtown next week. 8.2. Tillsonburg District Chamber of Commerce Suzanne noted that the theme for the September 29th Awards of Excellence Ceremony is ‘Diamonds and Denim’. The Chamber is advocating for WSIB claims from retracting COVID in the workplace as additional charges are being laid to workplaces for these types of claims. Rapid test kits will be distributed through until the end of December. Page 6 of 7 Suzanne noted a concern from Chamber Committee members regarding all of the new development and if the infrastructure and services are able to keep up with this new development. Mayor Molnar left at 9:06 a.m. It was noted that when a subdivision plan is submitted that various different departments and organizations are part of the approval process to ensure infrastructure and services will be adequate. It was suggested that the Chamber could survey members in the future regarding current rates of absenteeism in the workplaces. It was noted that municipal governments need to be demanding more of the upper tier governments and hospital leadership teams to ensure the non-closure of emergency rooms. 8.3 Tillsonburg District Real Estate Board 8.3.1 July 2022 Statistics Dane provided a summary of the statistics provided and noted inventory levels are increasing. 9. Round Table Cephas noted that the BIA and Town are working together on having a hotel study done and a survey is being prepared to get a better sense of demand for a hotel in the downtown area. 10. Next Meeting September 13, 2022 at 7:30 a.m. 11. Adjournment Resolution #3 Page 7 of 7 Moved by: Dane Willson Seconded by: Kirby Heckford THAT the August 9, 2022 Economic Development Advisory Committee meeting be adjourned at 9:18 a.m. Carried Mandate: Economic Development Advisory Committee Terms of Reference To advise Council on matters associated with generating and sustaining employee and business investment in the Town of Tillsonburg while supporting the overall goals of the: initiatives to attract and retain investment within the community. To provide advice on: • The Economic Development Strategy • The Community Strategic Plan • Annual Departmental Business Plan As it related to attracting and retaining investment within the community. To support the development of alliances and partnerships to advance the Town’s strategic plan and that assists in the overall growth of the Town. To provide advice regarding existing and new bylaws that relate to/impact development within the community. 1.0 Role of the Economic Development Advisory Committee 1.1 To advise Council on matters related to the development in the Town from a private sector perspective. 1.2 To advise and inform Council of new development legislation and funding initiatives. review pending Provincial development legislation and funding initiatives and inform Council on ideas from a business perspective. 1.3 To develop and maintain working relationships with business owners, the Chamber of Commerce, and the downtown Business Improvement Association. 1.41.3 To advise Council and assist with the development of education programs and to promote the activities of the Committee. 1.5 To liaise with other like organizations to promote Tillsonburg’s development. 1.4 To ensure broad consultation with community stakeholders on socio-economic development issues and opportunities. 1.6 To advise Council with regard to the Community Strategic Plan. 1.71.5 To set out clear goals for the committee for the term. 1.8 To liaise with other committees or organizations with overlapping roles and responsibilities. 1.91.6 To help the Town achieve economic sustainability as set out in advise Council with regard to the Community Strategic Plan. 2.0 Organization of the Committee The Committee should be composed of people within the Tillsonburg area who demonstrate a strong commitment to the Terms of Reference. A cross section of individuals should attempt to be chosen in order to bring to the committee relevant technical and professional expertise, as well as strong advocacy, communication and organizational skills. 2.1 Vacancies for citizen appointments will be advertised in local newspapers as Formatted: Space Before: 9.75 pt, Line spacing: single Formatted: Not Expanded by / Condensed by Formatted: Space Before: 0 pt Formatted: Indent: Left: 0.58" per the Town’s procedures for Committees of Council. 2.2 Committee members will be appointed by Council. 2.3 2.3 The Committee shall have a minimum of seven7 members including a representative from the Chamber of Commerce, a representative from the Business Improvement Association and a representative of the Real Estate Board with a maximum of nine members. Representatives from the following sectors will attempt to be selected including: a representative from the manufacturing industry, food processing industry and the agricultural industry. 2.42.3 The term of a Committee Member is four years, concurrent with the term of Council. 2.52.4 Additional members may be appointed throughout the term. 2.62.5 One member will be appointed by vote of the committee at the first meeting of each term to Chair the meetings for that term. At this time, they will select a vice-chair and secretary for the same duration. These appointees must not be a staff liaison or council representative. 2.72.6 Municipal staff shall act in an advisory manner to the committee and the role of staff liaison shall be fulfilled by the CAO, Development Commissioner and the Legislative Services CoordinatorExecutive Assistant. 3.0 Meetings 3.1 The Committee will hold a minimum of four meetings a year with a maximum of one meeting per month. 3.2 The date and time of the regular meetings will be established at the first meeting of each term. 3.3 Meetings will have a formal agenda. 3.4 Agendas and information packages (including previous meeting minutes) will be sent electronically to Committee Members prior to each meeting. 3.5 A majority of Council appointed Committee Members will constitute quorum for the transaction of business. 4.0 Role of the Chair The Chair is responsible for ensuring the smooth and effective operation of the Committee and its’ roles. This will include responsibility for: 4.1 Calling the meetings to order. 4.2 Encouraging an informal atmosphere to encourage the exchange of ideas. 4.3 Creating an agenda in consultation with the Secretary and staff liaison. 4.4 Chairing the meetings to ensure business is carried out efficiently and effectively. 4.5 Acting as spokesperson. 4.6 Representing the Committee on other committees when necessary. 4.7 The Chair shall conduct meetings in accordance with the Town’s Procedural By-Law. 4.8 In the absence of the Chair, these responsibilities will be undertaken by the Vice-Chair. 5.0 Role of the Secretary The Secretary is responsible for ensuring a complete up -to -date record for the Committee. The Secretary will be the staff liaison for the Committee. Formatted: Left, Indent: Left: 0.58", Hanging: 0.25", No bullets or numbering 5.1 In liaison with the Chair, arrange date, time and venue for meetings. 5.2 In liaison with the Chair, set agendas and circulate agendas to the members two business days prior to the meeting. 5.3 Circulate draft minutes to the members. 5.4 Keep a complete up to date record of the committee minutes. 6.0 Role of Members Membership on the Committee is a position of responsibility and requires a strong commitment to the Terms of Reference. Committee members are required to: 6.1 Attend all regularly scheduled meetings. Members shall notify the Chair and, Secretary or staff liaison if they are unable to attend a meeting. 6.2 Adhere to the provisions set out in the Policy for Boards and Committees of Council. If a member has an unexplained absence of three or more consecutive meetings then their seat on the Committee shall be declared vacant. 6.3 Review all information supplied to them. 6.4 Prepare information for use in the development of materials for the Committee. 6.5 Promote the role of the Committee and its’ decisions made. 6.6 Offer input to committee reports to Council. 6.7 Attend training as required to effectively perform their role as a committee member. 6.8 Committee Members are subject to the Municipal Conflict of Interest Act R.S.O. 1990, c. M50 and must disclose any direct or indirect pecuniary interest. The disclosure must be recorded in the minutes of the meeting. 7.0 Role of Municipal Staff The Town of Tillsonburg, by its nature and purpose, affects and is affected by many different Municipal departments. Assistance will be provided on an as required basis from various departments. Municipal staff will be responsible for carrying out the following functions with respect to the Committee: 7.1 Act as an information resource. 7.2 Orientation of Committee members by the Clerk’s Department at the first meeting after Council appointment. 7.3 Assist the Committee in its reporting to Council. 7.4 Provide correspondence to the Committee. 7.5 Responsible for maintaining accurate and up-to-date committee records and providing minutes to Council. 8.0 Reports to Council The Committee may advise and make recommendations to Council in accordance with its’ role. Reports may be submitted as follows: 8.1 Verbally by a Council representative. 8.2 Written Report from the staff liaison and presented by the Chair or the designated representative to Council. An annual report will also be submitted and presented to Council at the beginning of each new year outlining the Committee’s accomplishments in the previous year. Monthly Activity Update – (September 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 49 lead opportunities opened year to date Post-Secondary Education Enhancements Joint application by Multi-Service Centre/Town for funding made with outcome to be announced. The purpose of this initiative to raise awareness of all the local options for employment for high school students planning their future careers and for older local youth who have left the area but now are considering returning to establish the next phase of their life where they grew up. Town Hall Project Environmental Site Assessment on the “Greyfield” property to assess whether or not it is suitable for development is underway with drilling scheduled for early September. Van Norman Innovation Park Working to resolve concern raised regarding a Provisional Certificate of Approval registered on title to the property 2 Simcoe St By-Law staff completed an inspection and a property standards order has been issued on the property. 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. Job Market Pulse Tillsonburg Jobs Data - https://datastudio.google.com/reporting/1c53041d- 4d1b-4e6c-a8b1-5587d32994de/page/ng76?s=n- qA4oUGKeo Oxford Jobs Data - https://datastudio.google.com/reporting/1c53041d- 4d1b-4e6c-a8b1- 5587d32994de/page/ng76?s=ux-mzlBHCEk Per Workforce Planning Board for Elgin, Middlesex & Oxford data, the following is a summary of the jobs available in Tillsonburg and Oxford: 594 jobs posted with 362 new this month (July) 2,735 jobs posted with 1,500 new this month (July) Van Norman Innovation Park Roadmap -Future Phases (Draft) September 13, 2022 2 Outline •Status Update •Draft Plan of Subdivision Process Overview •Engineering Design Approvals Process •Proposed Schedule •Notes •Learnings from Phase 1 •Discussion •Target Dates, Wait-listing, Pre-sales, etc 3 Status Update •Two conceptual plan options prepared by Vallee Consulting •Direct connection to Highway 3 at John Pound Rd •No direct connection to Highway 3 (Cul-de-sac Option) •Pre-consultation meeting held with Town/County staff •Next Step is obtaining pricing for Draft Plan preparation and submission including servicing/ grading/storm water design 4 Draft Plan of Subdivision Process Overview 5 Draft Plan of Subdivision Process Overview 6 Engineering Design Approvals Process 7 Engineering Design Approvals Process 8 Proposed Schedule (Draft) Milestone Target Date Selection of Consultant for Draft Plan Submission Nov 2022 Preparation of Draft Plan Application w Supporting Studies Dec 2022 –May 2023 Draft Plan Application Jun 2023 Draft Plan Approval Nov 2023 Detailed Design Nov -Feb 2024 9 Proposed Schedule (Draft) Milestone Target Date Environmental Compliance Approval (SWM/Sanitary) Mar -May 2024 Tender Release Mar 2024 Tender Award April 2024 Start of Construction (One Phase only) May 2024 Completion Date (Next Phase) •Completion of Servicing and Registration of Plan of Subdivision Sep 2024 10 Notes •Not all steps of Plan of Subdivision may apply to the town (Subdivision Agreement, Security deposits, etc) •Phasing of servicing to be confirmed •If both phases completed at same time, additional time for construction may be required •Rail crossing details to be confirmed •Subject to Council approvals as required 11 Learnings from Phase 1 Dev’t •Steps reliant on External Agencies/factors •MTO, MTO, MTO •Required background studies (traffic, EIS, etc) •Environmental Compliance Approvals (SWM) •Absolute Title/Plan of Subdivision Registration (Clearance Letters) •Consultant/Sub-consultant capacity to complete work in a timely manner •Critical factors are timing of ECA submissions, Clearance Letters, surveyor work/legal plans 12 Learnings from Phase 1 Dev’t •Unknowns (at this time) •Any required improvements to Highway 3 (MTO) •Challenges associated with servicing under Highway 3 (Sanitary) •Impact of mixed Industrial/Residential zoning •Impacts of staff changes at Town/County/Province (“the Great Resignation” or reshuffling) 13 Discussion •Thoughts on target dates??? •Are they realistic? •Wait-listing/Pre-sales •Other??? Page 1 of 4 Report from BIA Chair – ED09-01 To: Economic Development Advisory Committee From: Cedric Tomico – DTBIA Chair Date: September 1st, 2022 Subject: DTBIA business update The following status report is provided to the ECDEV Advisory Committee: Financial/budget: - 2022 financials continue to be well controlled to date. There will be a surplus in 2022 fiscal year which is consistent with the plan and expectations. - The team has been working diligently on the 2023 annual plan and 10-year capital and operating plans. These will be considered at the September 28th budget meeting. - Keeping the downtown in a pristine/aesthetic condition has proven to be a key driver of economic growth and a catalyst for additional development in the downtown core. The 2023 plan is designed to enhance this. - The 2023 financial plan draft document features a 1.4% proposed per member increase which is leveraged by robust growth in the BIA coupled with continued successes of non-levy revenue generation from grants and other programs. - The ED and town’s Development Commissioner are undertaking a review of the BIA boundaries so that they are harmonized with the development charges by-law, adjusted for growth and continuity with the existing entrepreneurial zoning areas. - The BIA boundaries were established in 1978 when the town population was 9,404 – the town has more than double in population since that time. - Additional non-levy funding in Q3 and Q4 will continue to flow to the profit and loss statement. Operations & Beautification: - The ED has met with the town’s arborist on a plan for replacement of trees and planting new specimens using a new approach that uses engineered soil. The arborist is also undertaking an engineering review of the cavern nodes to ascertain the correct sizing and capacity to maximize plant growth & efficacy of foliage programs in BIA zone. In progress. Page 2 of 4 - The ED met with the National Director of Marketing for Strathallen and the team responsible for the Tillsonburg Town Centre mall on August 31st to review a Veteran’s banner program in the mall and area. Banners fall into beautifications. Details will be forthcoming. Membership update: The ED has open files to assist with several parties who wish to expand their existing business downtown. No “new” news currently. Tillsonburg Town Centre mall: “The Spot” public area is now open for free use by non-profit community groups. The lottery kiosk has been removed and area has been remediated. Knock-out Fashions has relocated to the old Bentley store. Remediation of the parking garage including vestibule and new elevator are progressing. Completion date is still TBD. Note: TSSA has been on strike since early July which has affected project completion. The laundromat on south Broadway is temporarily closed due to several incidents of nefarious characters sleeping in or finding refuge in the premises. Renovations of the former 2nd storey of the bowling alley into multiple apartments continues. The old Sammy Krenshaw’s will become home to a virtual golfing facility with licenced bar – opening some time this fall. It will be owned and operated by a former golf pro from Jupiter, Florida who has moved back to Canada. Façade Improvement Program/building storefront update: The ED is working with several landlords/businesses on FIP applications. There continues to be issues with existing project completion due to both material and labour shortages. There are also interested parties who wish to put their application and/or process on hold until such a time that material and labour costs stabilize or come down – and/or when contractor availability can be assured. The ED met with Lance Mackenzie on Monday, August 22nd to begin the process of an alley/façade project application and potential to remediate a storefront which has weathered and degraded over the past decade. This building at 18-24 Oxford Street features a wall that could be used as a mural, “welcome to Downtown Tillsonburg” sign and/or a public art installation. The ED will report back on this item. Note: the BIA uses the large basement of this building for storage of all the Christmas decorations that are owned by the BIA. Human Resources: We are working with the Town of Tillsonburg and MSC on the upcoming October 5th job fair given the high number of BIA businesses who have multiple positions to fill. The ED is on the planning committee and there are radio ads, posters, door-hangers, and lawn signs being deployed in advance of the date. 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. Page 3 of 4 The vacant EMC position was posted using the Town of Tillsonburg HR portal. The job is posted for 2 weeks. The ED and Board Chair will coordinate a review of resumes and will schedule interviews forthwith. The goal is to have someone in place for October 1st, 2022, at the latest. Events & Marketing: The ED hosted the National Director of Marketing for Strathallen at the BIA offices on August 31st to review a coordinated campaign between the parties for the fall of 2022 and for 2023 calendar year. The ED has had meetings with Rogers Radio about having a physical presence in the existing BIA offices with exterior signage. Strathallen is aware and supports this initiative. The details and financial impacts need to be determined and reviewed. The BIA and Tourism Oxford hosted a Tillsonburg Cheese Trail meeting in the BIA boardroom on Wednesday, August 16th which consisted of various businesses in Tillsonburg including several from the BIA zone. The plan is to have walkable stops locally and featured on the Oxford Cheese Trail initiative in 2023. This will help support growth of tourism in the BIA zone. The ED met with The Station Arts Centre board regarding the development of a coordinated public art program to be developed for the BIA zone. Details TBD. Public art installations drive traffic and tourism. OBIAA update: Our advocacy organization continues to work diligently to address issues which affect the 310 BIA’s in Ontario. ED work plan & progress: Many initiatives and ongoing projects to date: 1) Discussion of a policy and action plan for public art in the downtown area. 2) Planning for 2023 Turtlefest is underway. 3) Continued education and training opportunities with the AMCTO on pending changes to Ontario provincial legislation which affects BIA’s. 4) With the Town of Tillsonburg & other stakeholders; facilitate with Cushman & Wakefield a high-quality feasibility study for a select-service hotel to be located in downtown Tillsonburg. 5) Weekly involvement with OBIAA best-practices calls is ongoing. Page 4 of 4 6) Research and effort to secure positive outcomes with additional grant applications from various partners at the municipal, provincial, and federal levels of government. 7) The ED met with the President of the Tillsonburg Horticultural and received an unplanned $2,500 in additional contributions for trees and mums to be planted this fall. 8) The ED met with Oxford County Human Services regarding a permanent contribution to the BIA for the work we do to remediate the impacts of social issues in the BIA zone such as: a. Needles; b. Human waste; c. Homeless encampments; (Library Lane and rear of library) d. Increased dumping of household articles and e. Ancillary issues including transience of shopping carts etc. General information: The ED liaises with the CEO of the TDCC on a weekly basis to share information of mutual interest. The ED will be communicating with the membership to remind all that the repayment terms of the CEBA loans has been changed to a deadline of December 31st, 2023, as per the CEBA instructions, term, and program requirements for loans in good standing. This information is on the GOC website. Governance: As per resolution of the board, Brandon Thompson of True North Cannabis Co., (aka TNCC), will be appointed to the board effective with the September 12th expected approval by the Council of the Town of Tillsonburg. Elections for the new board of the DTBIA will be held following the municipal election on October 24th. The process will be outlined and communicated to members upon consultation with the Clerk of the Town of Tillsonburg. The ED will act at the Returning Officer and manage the process like what is done at the municipal, provincial, and federal levels. The current board serves until January 1st, 2023, or until their successors are elected and subsequently appointed via by-law as per the newly elected town council. Summary: The team continues to focus on execution of the plan. Questions and/or comments as well as suggestions are welcomed. YEAR TO DATE MONTHLY 2022 2021 % Difference 2022 2021 % Difference $ value of Total Units Sold $812,649,657 $862,018,246 -5.73%$63,515,700 $97,782,764 -35.04% $ value of Residential Units Sold $647,885,330 $721,590,333 -10.21%$55,479,700 $86,367,503 -35.76% $ value of Other Units Sold $164,764,327 $140,427,913 $8,036,000 $11,415,261 Total # of Units Sold 1033 1365 -24.32%101 158 -36.08% # of Residential Units Sold 899 1179 -23.75%90 142 -36.62% # of Other Units Sold 134 186 11 16 Total # of New Listings 2038 1752 16.32%257 203 26.60% Total # of New Residential Listings 1696 1458 16.32%210 173 21.39% Total # of Other New Listings 342 294 47 30 Total # Currently on Market See Monthly Numbers 557 # of Residential Currently on Market See Monthly Numbers 409 # of Other Listings Currently on Mkt See Monthly Numbers 148 RESIDENTIAL SALES Accum.Accum.Month Reporting Month Reporting BY PRICE CATEGORY 2022 TTL 2021 TTL 2022 2021 AVERAGE RESIDENTIAL SALE PRICE $ - $299,999 17 33 3 4 $300,000 - $499,999 155 351 33 37 $500,000 - $599,999 157 283 15 38 2022 2021 % Difference $600,000 - $699,999 169 193 11 28 MONTH $616,441 $608,222 1.35% $700,000 - $799,999 135 123 10 12 YTD $720,673 $612,036 17.75% $800,000 - $899,999 105 88 10 9 $900,000 - $999,999 63 38 4 8 $1,000,000 - 1,099,999 26 22 0 1 $1,100,000 - 1,199,999 13 46 0 2 Over - $1,200,000 59 2 4 3 Region: Elgin, Oxford, Norfolk for “Tillsonburg District” definition see Region & Municipality below. MLS® ACTIVITY FOR THE MONTH ENDING August, 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 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 AUGUST, 2022 ** It is important to note that the percentage of difference compared to August 2021 was significantly impacted by the newly implemented restrictions related to COVID-19 and August 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 27 units in August 2022. This was a decrease of 15.6% from August 2021. On a year-to-date basis, home sales totalled a record 218 units over the first eight months of the year. This decreased by 26.6% from the same period in 2021. The overall MLS® Home Price Index (HPI) composite/single-family benchmark price was $614,600 in August 2022, a substantial gain of 11.8% compared to August 2021. The average price of homes sold in August 2022 was $592,422, increasing by 3.5% from August 2021. The more comprehensive year-to-date average price was $662,505, rising 16.0% from the first eight months of 2021. The number of new listings saw an increase of 30.8% from August 2021. There were 51 new residential listings in August 2022. Active residential listings numbered 90 units on the market at the end of August up by 275.0% from the end of August 2021. Months of inventory numbered 1.7 at the end of August 2022, up from 0.6 months recorded at the end of August 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 professionals who are members of CREA. TOWN OF TILLSONBURG Year to Date Housing Market Update for August 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 26.6% Home Sales numbered 218 units August 2022 YTD, down 26.6% compared to the 297 units sold August 2021 YTD. Inventory change 183.0% **August 2022 YTD had 1.7 months of inventory, up from 0.6 months at the end of August 2021. New listings up 14.4% There were 382 new listings August 2022 YTD, up 14.4% compared to 334 new listings August 2021 YTD. Benchmark price up 11.8% The benchmark price was $614,600 August 2022 YTD, up 11.8 % from August 2021 YTD. **The year-to-date months of inventory figure is calculated as average active listings from January to current month/average sales from January to current month. Property Client Thumbnail Client Thumbnail 60 CEDAR St Tillsonburg MLS® #: 40300104 Active / Commercial Sale Price: $5,400,000.00 MLS®#:40300104Region:Oxford Bldg Area Total:71,400 Municipality Area:Tillsonburg Lot Size Area:9.71Neighbourhd/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 updatedLED lighting with motion sensors that will turn on lights automatically when motion is detected. Warehouse and officesare 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: $859,000.00 MLS®#:40243733Region:Oxford Bldg Area Total:9,506Municipality Area:Tillsonburg Lot Size Area:4,561.00 Neighbourhd/SubDist:Tillsonburg Lot Front:27.23Property Sub Type:Building and Land Lot Depth:167.50 Business Type:Tax Amount:$8,077Waterfront 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 maintainedproperty 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 aswell as a small beauty parlor in back. Building, freight delivery and beauty parlor have rear entry access at alley. Client Thumbnail 31 Clearview Dr Tillsonburg MLS® #: XH4143919 Active / Commercial Sale Price: $2,990,000.00 MLS®#:XH4143919Region:Oxford Bldg Area Total:4,000Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:180.00Property Sub Type:Industrial Lot Depth:321.00 Business Type:Tax Amount:$4,345Waterfront Y/N:No Tax Year:2021 State Of The Art Health Canada Licensed Craft Micro Cannabis Cultivator Located In Tillsonburg. Advanced AeroponicVertical Towers In Flower Room & Clone Room. Deep Water Culture In Mother Room. Recognized As The Most Efficient Cultivation Method On The Market. Some Of The Benefits Include: Better Supply Of Oxygen & Nutrients At Root LevelProducing Exceptional Growth, Less Conducive To The Development Of Insects, Harmful Bacteria, Viruses & Fungi. No Expense Has Been Spared In This Meticulously Maintained Cannabis Facility. Fully Fenced/Gated Facility. Room ForExpansion Possible. Huge Growing Achieved In Small Footprint, Produces Stronger, Healthier Plants With MaximumYields. Plants Mature Faster Which Improves Productivity. 24 Vertical Towers Equates To 6336 Plants That Can Be Harvested In Each Grow Period. * Other Heating is Fan Coil* Client Thumbnail 332 BROADWAY Tillsonburg MLS® #: 40310506 Active / Commercial Lease Price: $1,800.00/Month Gross Lease MLS®#:40310506 Region:Oxford Bldg Area Total:950Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:48.75Property Sub Type:Building Only Lot Depth: Business Type:Tax Amount:$0Waterfront Y/N:No Tax Year:2022 AMAZING OPPORTUNITY! First time available since 1976! Present business has operated successfully from this locationfor the past 46 years now its your turn! Neighborhood commercial zoning allows for a variety of uses from convenience store, restaurant, or salon. Bring your established business or seize the opportunity to finally become your own boss! Client Thumbnail 41 JOHN POUND Rd Tillsonburg MLS® #: 40302599 Active / Commercial Lease Price: $4,950.00/Month Net Lease MLS®#:40302599 Region:Oxford Bldg Area Total:6,600Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:465.84Property Sub Type:Building Only Lot Depth:Business Type:Tax Amount:$9,167 Waterfront Y/N:No Tax Year:2022 Fantastic location with high traffic visibility and easy access to Hwy 3. This facility is approx. 6600 sq. ft. and will be available November 1, 2022. This property has been re-graded and paved to avoid any water issues, as well, the ownerplans to have a 4" concrete pour done on top of the warehouse floor. There is one 10X10 grade level loading door and plenty of outside parking. Client Thumbnail 150 BROADWAY St Tillsonburg MLS® #: 40300032 Active / Commercial Lease Price: $15.50/Sq Ft Net MLS®#:40300032Region: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 atthe rear. Loads of Angled front street parking and tons of foot traffic from the sidewalk and nearby cross walkintersections. 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:1,225Municipality 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 atthe 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 ofconfigurations 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®#:40291861Region: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 conferenceroom all on a busy arterial road in a well managed premier building. Do not let this opportunity pass! Bring your growingbusiness. 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®#:40287506Region: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'sLivingston 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 mayprove 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 thedowntown core. Inquire today Client Thumbnail 1 LIBRARY Ln #202 Tillsonburg MLS® #: 40281993 Active / Commercial Lease Price: $1,050.00/Month Gross Lease MLS®#:40281993Region: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:$0Waterfront 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:1,200Municipality Area:Tillsonburg Lot Size Area: Neighbourhd/SubDist:Tillsonburg Lot Front:18.00Property 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 slickbrick 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 manyuses 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 forutilities, taxes, internet, etc. Client Thumbnail 77 BROADWAY St Tillsonburg MLS® #: 40275606 Active / Commercial Lease Price: $18.00/Sq Ft Net MLS®#:40275606Region: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:176.50Business 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 lotlocated in the back and to the South, along with street parking right out front and side. The Central Commercial zoningallows 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:10,000Municipality 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 withtwo 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®#:40252766Region:Oxford Bldg Area Total:30,000 Municipality Area:Tillsonburg Lot Size Area:7.07Neighbourhd/SubDist:Tillsonburg Lot Front:608.34 Property Sub Type:Industrial Lot Depth:Business Type:Tax Amount:$1Waterfront Y/N:No Tax Year:2020 Excellent opportunity for large facility on main arterial road (Highway 3) in Tillsonburg Industrial zone. Facility features a30,000 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 pavedparking 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 fullpotential! Client Thumbnail 1444 BELL MILL Sr Tillsonburg MLS® #: 40252706 Active / Commercial Lease Price: $6.50/Sq Ft Net MLS®#:40252706Region:Oxford Bldg Area Total:40,000 Municipality Area:Tillsonburg Lot Size Area:7.07Neighbourhd/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. Approximately30,000 feet of air conditioned space. Large open entry for showroom or reception and lots of freshly renovatedwashrooms. 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 toexplore the properties full potential! Client Thumbnail 67 BROADWAY St Tillsonburg MLS® #: 40251501 Active / Commercial Lease Price: $1,800.00/Month Net Lease MLS®#:40251501Region: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 SPACEWITH 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 LEASEWITH FIVE YEAR TERM PREFERRED. DEPENDING ON SCOPE OF BUSINESS INTENDED, THE POSSIBLIITY OF A CREATIVEARRANGEMENT INVOLVING THE COIN OPERATED LAUNDRY MACKINES DOES EXIST! Protected by copyright. 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