MCFA in Nobleton

Jan 9, 2022 | Developments | 0 comments

On January 10 Council agenda there is a report proposing the principles for a Municipal Capital Facility Agreement (MCFA) between the Township and a developer in Nobleton. The latter is in early stages of an application for a development at southeast corner of highway/15th sideroad. The proposed agreement includes a voluntary contribution of $8.5 million to be used for municipal capital infrastructure and community benefits as determined by the Township. As reviewed in the report the proposed development is not approved and the MCFA itself is not finalized; what is before Council is approval of principles for the latter. If you wish to make a deputation and or submit comments please contact clerks@king.ca by noon January 10.

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