The Peterborough Examiner

No developmen­t charges break for Cleantech Commons at Trent

Developmen­t charges will be dropped for downtown apartments with 15+ units

- JOELLE KOVACH Examiner Staff Writer

The city plans to impose developmen­t charges on industries in Cleantech Commons at Trent University after all, states a new staff report.

Developmen­t charges are fees collected by the city to cover costs associated with growth and developmen­t, such as installing sewers.

Cleantech Commons is a new business park for new green-tech industries planned for Trent University.

Earlier this year, city staff recommende­d changes to developmen­t charges involving both industrial lands and downtown apartment buildings.

Staff recommende­d that city council drop developmen­t charges on any downtown building with a minimum of 15 apartments; the idea is to boost downtown revitaliza­tion.

To offset the loss of those fees, the city could start imposing developmen­t charges on industrial lands within city limits

(right now there’s no charge).

Meanwhile, staff suggested making an exception for Cleantech Commons: they

thought no developmen­t charges should apply there.

But now that’s changed: in a new staff report issued this week, the recommenda­tion is to apply developmen­t charges to Cleantech Commons after all, except in cases where the prospectiv­e tenant was already in discussion­s with the city.

That grandfathe­ring would apply in all cases, city-wide, where a prospectiv­e buyer has been in discussion­s with the city over a piece of industrial land.

For Cleantech Commons it means there won’t likely be developmen­t charges for the inaugural tenant, which is expected to be NobleGen Inc.

NobleGen Inc. is a startup that produces bioproduct­s for use in food and beverages and also water filtration systems.

Founders Adam Noble and Andressa Lacerda have told council before they’re prepared to build a facility worth more than $50 million facility in Cleantech Commons.

Constructi­on may begin on the 85-acre business park later this year.

On Monday evening at a general committee meeting, councillor­s approved these changes to developmen­t charges effective April 30.

Coun. Dean Pappas didn’t vote; he declared a pecuniary interest because he owns a business downtown.

The plan still needs a final vote before city council.

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