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Oakville plans to create municipal development office
21 December 2016
Town plans to create new non-tax revenue from surplus land
Metroland file photo
Oakville Town Hall
By Nathan Howes, Oakville Beaver
The Town of Oakville is looking to launch a Municipal Development Corporation (MDC) to ensure once-public property is developed in accordance with council’s vision.
In June, a business case for an MDC was approved.
Earlier this month, a $100,000 budget, funded from the tax stabilization reserve, was okayed to cover costs of professional advice on how to structure the MDC....
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