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Staff Report
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Report To: General Government Committee
Date of Meeting: May 11, 2020 Report Number: FND-012-20
Submitted By: Trevor Pinn, Director of Finance/Treasurer
Reviewed By:
File Number:
Andrew C. Allison, CAO
By-law Number:
Resolution#: GG-104-20
Report Subject: 2019 Annual Statement for Cash -in -Lieu of Parkland
Recommendation:
1. That Report FND-012-20 be received for information.
Municipality of Clarington
Report FND-012-20
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 2019. 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 FND-012-20
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: Paul Creamer, Deputy Treasurer, 905-623-3379 ext. 2604,
pereamer@clarington.net
Attachments:
Attachment 1 — Cash -in -lieu of Parkland Reserve Fund for the year ended December 31, 2019
Interested Parties:
There are no interested parties to be notified of Council's decision.
Attachment #1 to
Report FND-012-20
Municipality of Clarington
Cash -in -lieu of Parkland Reserve Fund
For the Year Ended December 31, 2019
Parkland R/F
(504)
Balance as of December 31, 2018
$ (2,640,373)
Plus:
Cash -in -lieu Collected in 2019
2019 Reserve Fund Interest
(451,520)
(79,267)
Subtotal
(530,786)
Closing Balance as of December 31, 2019
(3,171,160)
Committee Amounts from Prior Years
-
Available at December 31, 2019
(3,171,160)