That Report HH2020-001, Kawartha Lakes-Haliburton Housing – Development Updates, be received;
That the Lindsay Street North development originally proposed within HH2019-001 be deferred with an amended proposal brought back to Council following the successful removal of the additional soils;
That subject to the necessary by-laws and agreement being forwarded to Council for approval, and the successful completion of such planning and development processes as the City may require, the amended proposal for Hamilton Park, Lindsay by the Kawartha Lakes-Haliburton Housing Corporation (KLH Housing) be approved with the following revisions as described in Report HH2020-001:
- The proceeds from the sale of twenty seven (27) single and semi-detached KLH Housing units transferred by the Province to KLH Housing in 2001, with their specific addresses identified within the Existing Homes section of Attachment A of Report HH2020-001, be used to fund their replacement with twenty seven (27) newly constructed housing units to be rented as Rent-Geared-to-Income (RGI) through a rent supplement agreement between the City and KLH Housing; and
- The completion of financing for cash flow and borrowing facilities in the City’s own name, with the City then lending the funds to KLH Housing; and
- The in kind municipal incentives proposed in Report HH2020-001 to support the project on Hamilton Park in Lindsay within which the twenty seven (27) reconstructed and nineteen (19) additional units will be created;
That the City’s Chief Administrative Officer be authorized to approve relief from any of the required fees and charges as in kind municipal support, needed to implement the Hamilton Park project;
That a By-law authorizing the City to execute a Municipal Housing Facilities Agreement with KLH Housing for Minden Phase 2, substantially in the form and included as Attachment C to Report HH2020-001, be forwarded to Council for adoption; and
That this recommendation be brought forward to Council for consideration at the next Regular Council Meeting.