Cobourg council will hold a special meeting on Tuesday to consider a proposed development charge reduction program tied to a major federal-provincial housing initiative.
The meeting has been called by Mayor Lucas Cleveland and is scheduled for June 16 at 1 p.m. in Council Chambers at Victoria Hall.
According to the Town of Cobourg, councillors will consider a Development Charge Reduction Program that forms part of the Canada-Ontario Partnership to Build, an $8.8-billion housing and infrastructure funding initiative.
Federal funding is being delivered through the Build Communities Strong Fund’s Provincial and Territorial stream, which is intended to support housing growth and related infrastructure investments across Ontario.
Town officials say a staff report and presentation outlining the proposed program will be added to the meeting agenda prior to the session.
Development charges are fees collected by municipalities on new development to help pay for infrastructure such as roads, water and wastewater systems, parks and other municipal services needed to support growth.
The special meeting will give council an opportunity to review the proposed reduction program and determine whether the municipality should participate.
Members of the public are welcome to attend the meeting in person at Victoria Hall or watch the proceedings online through the town’s council livestream portal.
Residents wishing to provide comments or ask questions can contact the Legislative Services Division by email prior to the meeting.
The agenda and supporting materials will be posted on the Town of Cobourg website once they become available.
Council’s decision could help shape how future residential and commercial development projects are supported within the municipality.
(Written by: Joseph Goden)
