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Staff Report
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Report To: General Government Committee
Date of Meeting: March 8, 2021 Report Number: FSD-011-21
Submitted By: Trevor Pinn, Director of Financial Services/Treasurer Andrew C.
Reviewed By: Allison, CAO By-law Number:
File Number:
Resolution#: GG-243-21
Report Subject: 2020 Annual Statement for Cash -in -Lieu of Parkland
Recommendation:
1. That Report FSD-011-21 be received for information.
Municipality of Clarington
Report FSD-011-21
Report Overview
Page 2
This report complies with amendments to the Planning Act, 1990 which became effective in
2016. The Smart Growth for Our Communities Act, 2015 requires reporting on Section 37
(Increased Density) and Section 42 (Conveyance of land for park purposes). This report
discloses the annual activity in the Parkland Cash -in -Lieu Reserve Fund for 2020. There is
nothing to report for increased density funds, at this time.
1. Background
1.1 In accordance with Section 37 (Increased Density) and Section 42 (Cash -in -Lieu of
Parkland) of the Planning Act, the Treasurer must provide a financial statement including
opening and closing balances to Council relating to cash -in -lieu of parkland monies and
increased density funding. This statement must be made available to the public.
2. Section 42 (Conveyance of land for park purposes)
2.1 Under Section 42 of the Planning Act, a municipality may require, as a condition of
development, that land be conveyed to the municipality for park or other public
recreational purposes. In certain circumstances, Council may require a payment in lieu of
land dedication, to the value of the land otherwise required to be conveyed.
2.2 These funds must be held in a special account (Reserve Fund), allocated interest and
spent only for the acquisition of land to be used for park or other recreational purposes,
including the erection, improvement or repair of buildings and the acquisition of
machinery, particular to park purposes.
2.3 Attachment #1 details the Statement of the Treasurer, in compliance with the Act.
3. Section 37 (Increased Density)
3.1 Clarington does not currently have a program set up for Section 37; therefore, an annual
statement is not required. The Official Plan has a section on "community benefits"
(Section 37) but Clarington does not have a market that would make this provision useful
at this time. The Official Plan provision is in place to allow Clarington to consider this
opportunity in the future. As a result, there is no Statement of the Treasurer required.
4. Concurrence
Not Applicable.
Municipality of Clarington
Report FSD-011-21
5. Conclusion
Page 3
It is respectfully recommended that this report, as required by Section 42 of the Planning
Act, 1990 be received for information and be made available to the public by posting on
the Municipality's website.
Staff Contact: Michelle Pick, Accounting Services Manager / Deputy Treasurer, 905-623-3379
ext. 2605, mpick@clarington.net
Attachments:
Attachment 1 — Cash -in -lieu of Parkland Reserve Fund for the year ended December 31, 2020
Interested Parties:
There are no interested parties to be notified of Council's decision.
Attachment 1 to
Report FSD-011-21
Municipality of Clarington
Cash -in -lieu of Parkland Reserve Fund
For the Year Ended December 31, 2020
Parkland R/F
(504)
Balance as of December 31, 2019
3,170,856
Plus:
Cash -in -lieu Collected in 2020
2020 Reserve Fund Interest
553,376
56,951
Subtotal
610,327
Less:
Amount Transferred to Capital Fund - Land Acquisition Costs
30,000
Subtotal
30,000
Closing Balance as of December 31, 2020
3,751,183
Committed Amounts from Prior Years
-
Available at December 31, 2020
1 3,751,183