HomeMy WebLinkAboutFSD-016-22Staff Report
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Report To: General Government Committee
Date of Meeting: March 21, 2022 Report Number: FSD-016-22
Submitted By:
Reviewed By:
File Number:
Report Subject:
Trevor Pinn, Director of Financial Services/Treasurer
Mary-Anne Dempster, CAO By-law Number:
Resolution#:
2021 Annual Statement for Cash-in-Lieu of Parkland
Recommendation:
1.That Report FSD-016-22 be received for information.
Municipality of Clarington Page 2
Report FSD-016-22
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 recreat ional 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). Staff will be re-evaluating whether to bring a “community benefits” by-law
into place in conjunction with the Secondary Plan approvals and the next review of the
Development Charges Study. The Official Plan provision is also in place to allow
Clarington to consider this opportunity in the future. As a result, there is no Statement of
the Treasurer required.
Report Overview
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). On June 6,
2019, Bill 108, More Homes, More Choice Act, 2019 received Royal Assent. This Act
contained changes to the Development Charges Act and the Planning Act and included the
introduction of the new community benefits charge. This report discloses the annual activity
in the Parkland Cash-in-Lieu Reserve Fund for 2021. There is nothing to report for increased
density funds or a community benefits charge, at this time.
Municipality of Clarington Page 3
Report FSD-016-22
4. Concurrence
Not Applicable.
5. Conclusion
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, 20 21
Interested Parties:
There are no interested parties to be notified of Council's decision.
Attachment 1 to Report FSD-016-22
Municipality of Clarington
Cash-in-lieu of Parkland Reserve Fund
For the Year Ended December 31, 2021
Parkland R/F
-504
Balance as of December 31, 2020 3,678,240
Plus:
Cash-in-lieu Collected in 2021 1,116,517
2021 Reserve Fund Interest 80,287
Subtotal 1,196,804
Less:
Amount Transferred to Capital Fund - Land Acquisition Costs
-
Subtotal 0
Closing Balance as of December 31, 2021 4,875,044
Committed Amounts from Prior Years
-
Available at December 31, 2021 4,875,044