CW146-2025

Budget Amendment – Developer Reimbursement for the Development of Trails and Parks – Wards 6 and 9

More Nature Land Use for Enviromental and Social Benefit City Council consideration on Apr 20, 2025

Background

When a new subdivision contains a park or trail, the park or trail is typically constructed by the developer. Construction drawings are prepared by the developer’s landscape consultant and approved by the City’s Open Space Development Section (Community Services Department). The developer is entitled to compensation for the cost of the park or trail development through development Charges collected, specifically through Reserve #134 – DC: Recreation. This is detailed in Attachments 2, 4 and 6 - ‘Schedule D’ of the Subdivision Agreements for the three plans. Funding for the reimbursements must be approved by Council before payment for the completed works can be processed.

Source: City of Toronto