Receive and file Appendix A of city manager’s office report CM-29-20 - report of urbanMetrics - Burlington MDC Review & Strategic Real Estate Analysis; and
With respect to Appendix B of city manager’s office report CM-29-20 - report on Strategic Land Priorities and Business Model Framework Options:
Direct the City Manager to proceed as follows to affirm and enable the City of Burlington’s focus on strategic lands related to the following key priorities:
- maximize business development opportunities and advance future economic growth and job creation.
- implement major city building projects that enhance the quality of life for all citizens.
- deliver increased supply of affordable housing through proactive long-term strategies and innovative partnerships.
- Establish in principle a new corporate structure for a Burlington Lands Partnership (BLP) including consideration and approval by City Council of a comprehensive terms of reference, governance and decision-making framework, operating model including financial plan, 2021/2022 Proposed Business Plan including strategic goals and key performance indicators and communications plan.
- Include for consideration by Council in the proposed 2021 Operating Budgets a detailed business case for a one-time funding provision of $250,000 to support the Year 1 operation of the Burlington Lands Partnership including, but not limited to, external service due diligence service providers (e.g. Strategic Land economic analysis, professional services – architectural/urban design, engineering, legal, financial/fiscal impact etc.). Proposed one-time BLP Funding for 2022 to be considered based on future consideration of status report in Q4 2021 with separate business case as required.
- Report back to Council, in Q3 2022, with a status update on the Burlington Lands Partnership including overall Business Plan performance, detailed financial report including both operating and capital budget related and recommendations for future consideration Strategic Land management options; and
Direct the City Manager to engage further with the Burlington Economic Development Corporation and key City staff in the development of the Burlington Lands Partnership Terms of Reference and the Proposed 2021/2022 Business Plan and report back for Council consideration and approval in December 2020.