As presented by Councillors Labbée and Signoretti:
WHEREAS the Policy on Development Cost Sharing was adopted by City Council in July of 2016;
AND WHEREAS the Policy indicates “that this document will be reviewed on a regular basis by the City and the Development Community to gauge its applicability and effectiveness”, but it has not been reviewed since its implementation in 2016;
AND WHEREAS the policy does not contain eligibility criteria for developers applying for cost sharing agreements;
AND WHEREAS new and existing developers in Greater Sudbury would benefit from the opportunity to engage on the policy;
THEREFORE BE IT RESOLVED that the City of Greater Sudbury directs that staff initiate a review of the Policy on Development Cost Sharing, in consultation with the Development Community, and present a report to Council by the end of the first quarter of 2026, including options to establish eligibility criteria for applicants, such as being in good standing with regard to all property taxes and all contractual obligations with the City of Greater Sudbury;
AND BE IT FURTHER RESOLVED that the current policy be immediately amended to provide that no cost sharing funds be disbursed by the City to applicants, where applicants owe any amounts to the City, including but not limited to property tax arrears.