That the November 5th, 2019 memorandum from Mayor Letham regarding a proposed direction for new Development Charges By-law-Incenting Job Creators, be received;
That the proposed development charges by-law be revised to reflect a full development charges exemption for industrial development;
That the proposed development charges by-law be revised to reflect a full development charges exemption for the first 2,500 square metres of gross floor area for any single commercial development;
That staff report to Council in Q4 of 2021 with a financial update on development charges and the results of these incentives, including additional non-residential floor space and jobs achieved; and
That staff provide Council an interim update in Q4 of 2020 on the future “community benefits charge” and any resulting adjustments that may need to be made to the above-noted business incentives.