2011 Municipal Study - City of Brantford

Municipal Study 2011Downtown/Area Specific ProgramsBramptonType of ProgramDowntownDevelopmentCorporationDowntown/Area Specific ProgramsThe Brampton Downtown Development Corporation (BDDC): a financiallysustainable funded, semi-autonomous organization that has evolved fromthe existing Brampton Downtown Business Association (BDBA), and willhave expanded powers pursuant to existing municipal legislation, namely:Community Development Corporation, BIA, Municipal BusinessCorporations legislation.The Brampton Downtown Development Corporation is the firstDevelopment Corporation of this kind in the Province of Ontario. After a 5-year process, the regulation was finally passed through ProvincialCabinet in April 2005. It is a new development tool that will have thecapacity to undertake considerably more than the existing BIA is able tocurrently undertake as a Part III Corporation. This includes undertaking aprogram of grant making, and other promotion, improvement,development and redevelopment programs.Downtown and Queen Street Corridor CIP and Incentive ProgramDC Discounts on targeted non-retail ICICash in Lieu of Parking Waiver in the DowntownBrantfordGrantThe City provides a Performance Grant Program to assist businessesand property owners within the Downtown Community ImprovementProject Area in the implementation of sound business plans that willgenerate increased economic activity in the Downtown. The grant is toassist with the financing of costs associated with the rehabilitation oflands and buildings relating to the implementation of such business plans.Building PermitFeesThe City has reduced building permit fees to encourage constructionactivity in the Downtown Community Improvement Project Area.DC ExemptionsNo development charges in Downtown BIA area.Economic Development Programs364