SILVERDALE NEIGHBOURHOOD ONE PLAN - District of Mission

10.0 ECONOMIC DEVELOPMENT & JOBSPRINCIPLE: Develop a viable new community that can support thewider district economy.10.1 OverviewThe District of Mission wants to encourage economic developmentactivity within the community in order to strengthen the tax base andto improve the balance of jobs and housing. The latter can reducethe number of people leaving the community each day for workthereby reducing regional traffic congestion, greenhouse gasemissions and air pollution. Topographic constraints of the firstneighbourhood reduce opportunities to locate major economicgenerators here. However, some economic activities beyond theproposed Village centre can and should be accommodated.With respect to the broader economy of the District, developmentshould be sustained by a balance between costs and revenues(including profits).The costs of maintaining (and ultimately replacing) infrastructure andamenities should be within the ability of new ratepayers to providetax revenues and the ability of the District to raise funds from othersources.Economic sustainability is achieved when the community has a mix ofland uses and activities as well as appropriate infrastructure forcitizens to find employment, have a variety of housing opportunitiesand access to a range of amenities matching community interests.The local economy is resilient when it anticipates and adjusts toforeseeable changes such as changing fuel costs, better electronicconnectivity and demographic shifts. For the District’s economy tocontinue to prosper, it needs to attract outside investment. While thefirst neighbourhood is predominantly residential, there areopportunities for enterprise and institutional uses elsewhere in theSilverdale area.In the long term, the consequence of economic activities on social andenvironmental dimensions of sustainability should be positive or atleast neutral. An economic activity which has a detrimental effect onthe environment or quality of life within the District should not beencouraged.Silverdale Neighbourhood One Plan | DRAFT July 15, 2008 | 90