10-29-2015, 10:50 AM
(10-29-2015, 06:28 AM)rangersfan Wrote: Looks like the delay is due to development charges.
http://m.therecord.com/news-story/606039...rge-grants
Some choice quotes:
Quote:Caroline Baker from GSP Group, agent for the developer, said the project can only go ahead if fees are deferred.
Since 1989 the region has only allowed deferrals three times. The amounts were less than $200,000 and in each case it was for a non-profit or similar project.
"The region and our taxpayers are not getting into the business of bankrolling the development industry," Coun. Sean Strickland said in opposition. "This is not a line that I want to see us cross."
"(The development charge reserve) is at one of the lowest levels in years," Strickland said.