Quote:
Originally Posted by SebC
I'm gonna disagree with you here. In the context of the upcoming elections, the renegotiation of the Standard Development Agreement (when it expires in two years) is the single most important initiative.
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Yeah, certainly in two years certainly that will be a big deal. Wow, is it coming up that soon?
The Growth Management work on Financing and Funding is actually setting up the principles under which that Standard Development Agreement will be negotiated. In addition, it's looking at how to establish a workable redevelopment levy that helps support some of the costs of growth in established areas. Of course the idea is not to dis-insensitive redevelopment - and to ensure that it's clear what that money would be used for to support that redevelopment (i.e. that it just doesn't go into the black-hole of general revenue).