| Name of
Study |
Pickering
Fiscal Impact Study |
| Brief
Description |
The
purpose of this Study is to examine the capital and
on-going operating cost implications of the higher
standards planned for this model sustainable
community, and demonstrate the development of Seaton
will not pose a financial hardship on the City, and is
financially sustainable.
The Study will provide
the information needed to ensure appropriate measures
and financial agreements, including front-ending and
cost-sharing agreements and development charges are in
place prior to the development of Seaton.
|
| Consultants |
The
IBI Group |
|
Status |
Study
had commenced in 2005, but was not actively worked on
during 2006 & 2007; study reactivated in 2008; terms of
reference being revised to reflect discussions during
2008. |
| Other
Comments
|
City has retained Watson & Associates Economists Ltd. to
assist the City and peer review work. This Study is a
requirement of the Central Pickering Development Plan.
The study is being
undertaken by the Seaton developers' group -- the
North Pickering Community Management Inc.
|
| Information Available |
None to date |
| Contact
Information |
Randy
Grimes - The IBI Group
Stan Karwowski - City of Pickering
|
| Last Update
to this table |
July 10, 2008 |
