Opinion
Development pace up to city
London Free Press March 10 2006
The current deficit in London's urban works reserve fund underlines the need for
city council to take robust leadership on the question of where the city grows
-- and how quickly.
London can no longer afford development that some would say has nearly been
uncontrolled. The state of the works fund is an indicator that such rapid
development is out of synch with the ability of either the city or developers
themselves to accommodate it.
Developers collect from the fund to pay for services such as storm water
management (ponds and pipes), turning lanes into a subdivision, traffic signals
and street lights. When they take out permits to build homes or apartments, they
write cheques back to the fund. But the repayment is only for units they are
currently building. Only when the area is completely built, which can take
years, is the fund fully reimbursed.
With all the development that has taken place in recent years -- as well as the
fact it has not been concentrated -- it isn't surprising that the fund is in
trouble -- again. City staff say claims have almost doubled from $48 million to
$95 million in two years. The fund isn't permitted to run a deficit, so
developers have to wait longer for their money. The fund has already collapsed
once -- in 1979, when it was bailed out by city taxpayers.
The bottom line is that failure to concentrate development, as much as possible,
until an area is fully built, is costly for the municipality. Apart from the
cost of basic services of new development, there's the push by new homeowners
for bus service, libraries and community centres in areas that do not yet have
the population concentrations to make them viable.
Some projects, such as Vito Frijia's plan in the Southdale and Colonel Talbot
roads area, could accelerate the need for the proposed Southside sewage
treatment plant, a $134-million project for a city already overextended in
capital debt.
Former councillor Sandy Levin, a member of the committee that monitors the fund,
says its biggest problem is that it doesn't require a developer to enter into
specific terms of agreement with the municipality, so long as they have the
zoning, a road to the edge of the property and a hookup to services. In other
municipalities, developers must negotiate an "upfront agreement" that outlines
what the developer pays for. Each subdivision is a separate agreement.
The push for more city control over where and when development takes place is
gaining some momentum -- and surprising supporters. Deputy Mayor Tom Gosnell, a
longtime supporter of development, now says: "We just can't grow in every
direction at the same time."
Indeed we can't. The costs are crippling.
Levin credits chief city administrator Jeff Fielding with seeing the problem
others haven't because he comes to London with "fresh eyes."
No city can thrive without development, but properly managing its rate and
direction is essential.