FINANCIAL IMPLICATIONS. No significant costs specific to this issue. Ongoing tax revenue upon completion of the development.
FINANCIAL IMPLICATIONS. Capital contribution for street and service infrastructure that is offset by ongoing tax revenue upon completion of the development.
FINANCIAL IMPLICATIONS. No costs to the Municipality are anticipated. Tax revenue generated over the 25-year course of the project is estimated at $17.1M.
Examples of FINANCIAL IMPLICATIONS in a sentence
FINANCIAL IMPLICATIONS ☐ None ☒ Budget Previously Approved ☒ Other (see below) Program is already included in budget however amount is now higher than it was in previous years, staff will present Council with options during 2025 budget deliberations on additional funds.
More Definitions of FINANCIAL IMPLICATIONS
FINANCIAL IMPLICATIONS. The City of Missoula's portion ($20,000) listed in the Interlocal Agreement was approved in the FY21 Budget, and leverages the partner funding listed.
FINANCIAL IMPLICATIONS. The Town pays the Connector $67,536 per year. We also provide about $20,000 in in-kind services through office space at the Credit Union Business Innovation Centre.
FINANCIAL IMPLICATIONS. The applicant will be responsible for any costs associated with the development and registration of the agreement. Staff are looking for direction from Council to determine if an annual license of occupation fee should be applied to the buried cable. Attachments: the following are attached to this report: a key map; a site map; and, a copy of the draft agreement. KEY MAP License of Occupation - Municipality of Xxxxxx et al SolaLOrTF8,loCOwN-1T3hrough (2015)LLOTtd9,.CON 13 XXX 00, XXX 00 Xxxx xx Xxxx Xxxxxxxxx for Old Haliburton West Guilford Road In Xxx 00, Xxxxxxxxxxx 00 xxx 00 Xxxxxxxxxx Xxxxxxxx of Xxxxxx XXX 00, XXX 00 XXX 00, XXX 00 XXX 13, CON 13 XXX 0, XXX 00 XXX 0, XXX 00 XXX 10, CON 12 µ XXX 00, XXX 00 Xxxxxxxxxx Xxxx Xx XXX 00, CON 12 XXX 00, XXX 00 Xxxxxx Xxxxx Xxxxxxx Xxxxx Xxxxx of Xxxxxx et al Proposed Solar Project Xxx 000 XXX 00, CON 11 LOT 13, CON 11 LOT 8, CON 11 XXX 0, XXX 00 XXX 00, XXX 00 XXX 11, CON 11 Xxx Beef Lake LOT 13, CON 11 Date: 4/17/2019 DISCLAIMER: This map is for planning reference purposes only and is not a survey of properties. No representation is made or warranty given as to its content. User assumes all risk of use. The Municipality of Xxxxxx et al assumes no responsibility for any loss resultingLOfrTom8,sCucOh Nus1e.0 This publication may not be rLeOprTod9u,cCedOiNn a1n0y form, in part or in whole, without written permission. LOTBA7S, ECODNAT1A0SOURCE: QUEEN'S PRINTER OF ONTARIO Use of this data does not constitute an endorsement by MNR or the Ontario Government. XXX 00, XXX 00 XXX 00, XXX 00 XXX 12, CON 10 0 65 130 260 390 520 Meters LICENCE OF OCCUPATION Made this day of , 2019 BE T W E EN: THE CORPORATION OF THE UNITED TOWNSHIPS OF DYSART, DUDLEY, HARCOURT, GUILFORD, HARBURN, BRUTON, HAVELOCK, EYRE AND XXXXX - and - SOLAR FLOW-THROUGH (2015) LTD. (the Municipality) (the Licensee) In consideration of the terms and conditions stipulated herein the Municipality grants to the Licensee the right to use the road allowance located on Xxx 00, Xxxxxxxxxxx 00 xxx 00, Xxxxxxxxxx Xxxxxxxx of Xxxxxx, Municipality of Xxxxxx et al known as the Old Haliburton West Guilford Road (the Premises).
FINANCIAL IMPLICATIONS. The cost of the contracts shall not exceed $90,000.00.
FINANCIAL IMPLICATIONS. The cost of the performance agreement shall not exceed $3,000.00.
FINANCIAL IMPLICATIONS. The funding authorized by Ordinance 2019-04 comes from the present year budgeted surplus.
FINANCIAL IMPLICATIONS. The library will pay a monthly lease of $2,664.44. plus HST ($31,973.28 annually) from April 1, 2024 to March 31, 2025. The proposed lease has an option to extend the lease for a further 2-year term with the rental rates adjusted by CPI annually.