Share and Enjoy:
  • Print
  • email
  • Facebook
  • Twitter
  • LinkedIn
Baker Street District

City of Guelph

Staff need more time, the release said, because of three factors that have come into play since February:

Investment fund debate put on hold

By Doug Hallett
Guelph Tribune
A city council meeting slated for the end of the month about plans for the Baker Street parking lot and about a proposed special investment fund has been postponed.
The meeting, related to a proposed Guelph Economic Investment Fund that could mean a special levy on property taxes, was to be a follow-up to a council meeting in late February.
However, city staff need several more days to finalize their recommendations, said a news release Tuesday. No new date for the meeting has been set yet.
Staff need more time, the release said, because of three factors that have come into play since February:
• The province has announced criteria for its request for proposals from post-secondary institutions interested in expanding. The province’s request for proposals from post-secondary institutions “have spurred increased competition, which is having an effect on the amount of financial support the city would need to contribute to be successful” in its bid to have Conestoga College expand onto Baker Street, the release said.
• “A potential change in provincial government raises questions about the province’s future plans for the post-secondary sector, and for regional GO Transit infrastructure,” the release said. “The latter is tied to the city’s plans for parking in the downtown, which is part of what staff will deliver to council at the meeting.”
• A recent court ruling in the Urbacon case – the contractor that sued the city after being fired in 2008 from the project to build a new city hall – “will create pressure on the city’s capital planning schedules,” the release said. “Staff is making adjustments in light of this decision and its impacts.”

Comments are closed.

Guelph Top Jobs
HomeFinder.caWheels.caOurFaves.caLocalWork.caGottaRent.ca