Splitting CPP cash-in-lieu reserves between housing and climate
Preliminary vote
General Committee makes recommendations; City Council makes the final decision.
This motion was defeated at General Committee, so it was not among the committee’s recommendations to Council.
Motion failed
2–7
2 for7 against
Councillor Votes
Full Resolution Text
h) That the By-law to establish Reserve Funds to regulate the use of monies collected as Cash-in-lieu of In-kind Facilities, Services and Matters when imposed as a condition of approval for Class 2 or Class 3 Community Planning Permits be approved, as attached as Appendix B to Report IPGPL26-030, with section 3.2 amended to allocate 50% of the Obligatory Reserve Fund to affordable housing and 50% to Climate Change Action Plan 2.0 and Park, conservation or outdoor public recreational purposes;
Meeting Details
General Committee
Council Chambers, City Hall, 500 George Street North