Wednesday, December 8, 2010

Brantford Brownfield summary and review

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Dear Friend of positive community action

 

We need your help and energy in solving the challenges that face our community of BrantBrantford – Six Nations. Our overall objective is to open up and mobilize the hidden or underutilized creative and intellectual resources in our community. Our objective is to solve challenges that impact on our ability to compete, and impact on our standards of living. We believe that utilizing our hidden talents and resources, expanding the talent pool in the problem solving process will increase our mutual community effectiveness, competitive living interests and that of all publicly sanctioned resources.

 

We are a non –political grass roots community volunteer group that will work with any individual or group organization  that is interested in the development of timely creative , actionable ideas and  plans that are based on merit, are competitive and are worthy and constructive in helping our community become an even better place to live or operate in.

 

Attached please find information on the Brantford Green field development opportunity .

 

 

Your comments and suggestions are welcome -especially on the following: areas

·        Land use- interim and long term

·        Funding

·        Community partners /resources

·        Community use in a timely manner

 

 

 

 

 

 

Sieg Holle – group project co-ordinator

  

Brant Positve Action Group    519-754-0018

Brantford Ontario, Canada N3T5L7

 brantpositiveactiongroup@gmail.com

"Good ideas, well applied will rule the world "

Ideas are the tipping point that can make the critical difference

 

 

 Brantford Brownfield Facts Review and summary

 

Greenwich-Mohawk :  Greenwich-Mohawk Brownfield Redevelopment Project

 

 Land site 

The Greenwich-Mohawk Brownfield Site is a 50-acre brownfield site located in the Southeast area of Brantford. The site is a land assembly of 3 properties municipally known as 22 Mohawk Street (7.5 acres), 66 Mohawk Street (15.9 acres), and 347 Greenwich Street (28.3 acres). The site is bisected by the Toronto, Hamilton, and Buffalo (TH & B) Railway Spur line. All three properties are owned by the City of Brantford.

 

Current developer /City of Brantford

Terrasan Corporation : The City will enter into a development agreement with Terrasan. Following this step, Terrasan will finalize their remediation strategy and begin cleaning up the site in 2010.

 

Funding

The City has obtained financial support in the amount of $12 million from the Federal Government and $5 million from the Province of Ontario for the redevelopment of the lands. The City has a Brownfield Sites Community Improvement Plan in place and a Brownfields Financial Tax Incentive Program that can provide financial assistance towards the redevelopment of the lands.

 

Property use

the City of Brantford Council approved Official Plan amendment (OPA) 125, which addressed a range of items including proposed policy for the Greenwich-Mohawk site. The proposed policy re-designated the lands from "General Industrial" to a land use designation that permits residential, commercial, open space, and cultural uses. This re-designation was accompanied by a justification study completed as part of the review process. The Provincial Ministry of Municipal Affairs and Housing approved OPA 125 in late 2008; however, the entire amendment was appealed to the Ontario Municipal Board. At this time, the Appeal remains outstanding (January 2010).

 

Sydenham/Pearl-Brantford

 

Land site

The Sydenham-Pearl Brownfield site is a 6 acres located in the middle of one of Brantford's oldest neighbourhoods. It consists of two properties - 17 Sydenham Street and 22 Sydenham Street - that back onto the CN rail lines.

 

Prior use   

17 Sydenham was home to the Crown Electric Manufacturing Company from 1910 until 1991. Crown Electric's activities included electro-plating of metals, painting, glass staining, and metal cutting and soldering.. Site also manufactured asphalt shingles

 

Sundry cost to date

 

City of Brantford agreed to act as the agent for the Medical Officer of Health and carried out the order at a cost of approximately $650,000.

 

Existing property status

 

Staff developed a draft RFP based on the community consultation, and evaluation criteria were based on sustainability factors using the Leadership in Energy and Environmental Design (LEED) standards. The RFP was released in September 2006. Four submissions were received. On April 16, 2007, it was recommended that Council accept the submission by Associated Brownfields for the purchase, remediation and development of the Sydeham-Pearl Brownfield Area. Currently, the project is in the planning application stage for an Official Plan Amendment and zoning bylaw amendment.

 

Preferred use

In 2004, City Staff developed a number of land use concept plans for the properties at 17 and 22 Sydenham Street. In the following months, Councillors of Ward 1 presented the concept plans to the residents surrounding the Sydenham-Pearl sites and these comments were incorporated into further revisions. In May 2005, these were circulated again to surrounding community members for their comments and preferred ranking. As a result: the preferred concept for 22 Sydenham was a mix of single-family and townhouse units, and on 17 Sydenham, residents preferred a residential development of all townhouse units; Robert Moore Park was to remain at its present location.

 

-----------------------------

Competitive resource  review

 

About Terrasan     http://www.terrasan.com/ca/index.htm

 

Once the scope and nature of the contamination has been identified/defined Terrasan Environmental Solutions Inc. have the expertise, equipment and experiences to evaluate the site/facility to determine the most cost effective method to safely restore and meet all regulatory requirements. Terrasan has a full range of remediation and containment strategies, innovative technologies and services that can be tailored to meet any site requirements.

 

Site specific issues such as contaminations from chemicals and toxic materials, to underground and above ground storage tanks, to water treatment plants, are all evaluated to determine the required safe remediation and/or containment plan.

 

Terrasan is experienced with most technologies for remediation of soil contamination, including Bio Remediation, Soil Treatment and Disposal, Terrasan R&D continuously explores the latest technologies for treating contamination, in an innovative manner, cost-effectively, and considering safety and the environment as priority issues.

 

For all projects Terrasan provides a Methodology Plan with an analytical approach to each project, including site specific health and safety plans. In addition Terrasan employs waste management, salvaging and recycling plans for each project to minimize the disposal costs and ensure environmental responsibility and minimize project costs.

 

Project example and highlights     2006      http://www.terrasan.com/articles/cpm_july2007.pdf   (that the site has been subject to a risk  assessment.)

In this case, the 20-acre parcel located at the northwest of the property is the section of the site where the industrial buildings were located. Subsurface soil and groundwater impacts are more predominant in this area of the site, while the 41-acre parcel located to the south of the property has remained primarily untouched by industrial usage.

Site Phasing

Two RSCs allows for a tiered approach to the project. Development can begin on the 41-acre parcel while contaminated soil and groundwater are remediated  within the 20-acre parcel. The projected timeline indicates that soil remediation on the smaller site should be complete at about the same time that development wraps up on the 41-acre parcel, creating a seamless development schedule for the entire 61 acres.

 

PUBLIC-PRIVATE PARTNERSHIP

Rezoning of the site will be necessary, but the City of Kawartha Lakes has been supportive of the new development proposals. In particular, Terrasan and the Kawartha Innovation Centre Management Board have established a public-private partnership (P3) to build a 50,000-square-foot business incubator. The proposed lightindustrial structure would be constructed adjacent to Sir Sandford Fleming College to provide longer-term leases to the newly launched companies graduating from the Innovation Centre. In addition to the slated Innovation Centre,Terrasan Corporation with support from City of Kawartha Lakes Economic Development Department and Sir Sandford Fleming College is endeavoring to develop an ECO Research Park or "Davos of the Environment" that would work with both the City of Kawartha Lakes and Sir Sandford College. The proposed ECO Research Park would attract world leading researchers in varying disciplines to explore an environmental focus on enhancing, modifying or developing new manufacturing/engineering techniques and solutions to current manufacturing, agricultural, and soil and groundwater

contaminant problems.  Doug Dolby is with Terrasan Corporation, an  environmental services and development company now carrying out several brownfield redevelopment projects throughout Ontario. For more information, see the web site at www.terrasan.com.

 

About -Associated Brownfields    http://www.associatedbrownfields.com/

 

Well capitalized through a captive brownfield acquisition fund

Most of our projects are partnerships and we are currently seeking new partners for future projects.

Projects posted  1.Heritage Point - St. Catharines   14.5 acres   press link

 2. Thorold Park - Exolon - Thorold   60 acres, 3. Oakdale - Hayes Dana - St. Catharines  

4. $Sydenham and Pearl - Brantford

Contact

Associated Brownfields     80 King St. Suite 903  St. Catharines, ON L2R 7G1

Phone: 905-688-8158 Fax: 905-688-0580  Email: info@associatedbrownfields.com



--
Hollecrest & Associates Inc   -"Turnaround Consultants"  .

Sunridge Lodge  "Back to Eden" quality 24/7 care
261 Oakhill Drive, Brantford  backtoeden.ontario@gmail.com
"Building elder peer communities that are cozy,caring and comfortable" -
 
Brant Positive Action Group -a positive community affirmative action group that promotes goodwill and timely cost effective creative solutions to enhance the competitive well being of Brant Brantford and Six Nations  

Tuesday, December 7, 2010

A tax saving strategy that helps charities

 
In the 2000s, tax shelters evolved and donation tax shelters became the rage. Many were buy-low-donate-high schemes where you'd purchase something for one price then donate it to charity and receive a donation receipt for a much higher value. The Canada Revenue Agency isn't exactly thrilled about these.

Interestingly, not all donation tax shelters should be painted with the same brush. Some are different. Some legitimately help charities.

Recent tax saving structure There's a donation tax strategy, designed by EquiGenesis Corp. and their legal team, that is worthy of some mention. Over the past seven years since it was first introduced, it has distributed $14.7-million to charities in Canada, with significantly more expected over the next decade.

Now, before I go on, I want to emphasize that this strategy does come with tax risk. There's the likelihood that the CRA will audit the 2010 version of this strategy, and the risk that taxpayers could be reassessed.

Having said this, I like the fact that the total cash to be distributed to charities over the life of this tax structure will be greater than the donation receipts issued to the taxpayers who participate. This gives the strategy more legitimacy than many. It also helps that this strategy is fully on the taxman's radar already. It was audited by the CRA for 2005 and 2006, and was given a clean bill of health subsequent to those audits.

How it works

There are basically two phases to this tax structure. The first is that the taxpayer will make an investment in a limited partnership. The second involves a donation to charity. It's a 10-year program so that, at the end of 10 years, your investment is wound-up and you are expected to receive a cash distribution (although not guaranteed).

Specifically, the investor will borrow money to invest in a limited partnership. This will provide the investor with annual deductions on his tax return for interest costs on the debt and financing charges.

Once the investor acquires the limited partnership units, he uses those units as collateral on a second loan, and he donates those loan proceeds to charity. There is no deduction available for the interest on this second loan, but the individual investor will receive a sizable donation receipt. So the tax savings in the first year can be significant.

Part of the funds that are invested in the limited partnership are set aside and invested in a portfolio that is designed to grow over the 10-year program. At the end of 10 years, the funds in the portfolio are expected to be sufficient to pay off the loans. This is part of the risk of the structure. If that portfolio does not grow sufficiently, the investor may have to make up the difference to pay off the loans. The fact that there is some risk to the structure makes it more palatable to the taxman.

At the end of the day, the net cash in the investor's pocket from the tax savings and cash distributed in year 10 is expected to be higher than the cash outlay, with most of the tax savings coming up front in the first year.

If you can help charities and save more tax at the same time, it's worth a look. But before jumping into any tax-structured program, be sure to have a tax specialist review the program on your behalf.



--
Hollecrest & Associates Inc   -"Turnaround Consultants"  .

Sunridge Lodge  "Back to Eden" quality 24/7 care
261 Oakhill Drive, Brantford  backtoeden.ontario@gmail.com
"Building elder peer communities that are cozy,caring and comfortable" -
 
Brant Positive Action Group -a positive community affirmative action group that promotes goodwill and timely cost effective creative solutions to enhance the competitive well being of Brant Brantford and Six Nations  

Re: Business Start-Up Kit Request: BRC Website Feedback

Knowledge for the good -to feed you and our community for a life time
 
Entrepreneur capital.jpg
 
A entrepreneurial Christmas gift of useful knowledge for the New Year      Seasons greetings  everyone  and the very best in the New year for you to live long and prosper

 
On Tue, Dec 7, 2010 at 4:59 PM, S H <brantpositiveactiongroup@gmail.com> wrote:

On 12/7/10, Brant taxpayer <brantpositiveactiongroup@gmail.com> wrote:
> From Name : Brant taxpayer

 From EMail ID : brantpositiveactiongroup@gmail.com

 Subject : Business Start-Up Kit for you to look forward to get started
Congratulations on taking the first step to your success!

 Attached is an electronic copy of the business start-up kit as you  requested. It is the intent of this "knowledge kit to provide you with an overall understanding of what is involved in starting a small business and the resources available to do so.

 Your next step after reviewing the package is to begin to put  your   ideas  down on paper  and to book an virtual appointment with a small business consultant (free of charge. at BPAG who will provide direction, support and guidance in your journey  to success and freedom !
 Please take advantage of the resources created for you!
 Thanks you.

 --
Brant Positive Action Group " where all good ideas rule ,and are developed into action for the good of community that we live in "
 All ideas are welcome ,encouraged from any and all sources



--
Hollecrest & Associates Inc   -"Turnaround Consultants"  .

Sunridge Lodge  "Back to Eden" quality 24/7 care
261 Oakhill Drive, Brantford  backtoeden.ontario@gmail.com
"Building elder peer communities that are cozy,caring and comfortable" -
 
Brant Positive Action Group -a positive community affirmative action group that promotes goodwill and timely cost effective creative solutions to enhance the competitive well being of Brant Brantford and Six Nations  

Turning brown field into green fields -a community challenge


What are your suggestions to seed the project with solutions rather then excuses?