The Burlington City Manager’s Office will be bringing a report to next Tuesday’s (Oct. 6) Community Planning, Regulation and Mobility (CPRM) Committee outlining steps to advance a Municipal Development Corporation for the City.
Among the City of Burlington’s key priorities and focus is to be able to own and hold strategic lands for community development and to be strategic in our land development as a whole.
As part of that, the City Manager is asking to create, in principle, a new corporate structure for a Burlington Lands Partnership (BLP) with comprehensive terms of reference, governance and decision-making framework, operating model including financial plan, 2021/2022 Proposed Business Plan including strategic goals and key performance indicators and communications plan.
The goal of a BLP would be to assist in:
- maximizing business development opportunities and advance future economic growth and job creation;
- implementing major city building projects that enhance the quality of life for all citizens; and
- delivering increased supply of affordable housing through proactive long-term strategies and innovative partnerships.
Click this link to the full CMO report on Advancing a Municipal Development Corporation. For the full agendas to next week’s committee meetings, please visit burlington.ca/calendar.
- City Manager’s Report Presentation: CM-29-20 Appendix B – Advancing a MDC.
The CPRM Committee begins at 9:30 a.m. Final approval of committee’s recommendation will head to the Oct. 19 Council meeting.
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We need more condo rentals for seniors.