CITC17H3 Lecture Notes - Lecture 9: Metrolinx, Finch West Lrt, Tax Increment Financing
Document Summary
Lecture 9: community benefits and the process of negotiations. Planning negotiations and opportunities for greater public good (context) Power, control and stakeholder engagement practices (engagement process) Vehicle for negotiating community benefits from development projects. 2001: staples centre: local jobs (first source hiring), job training, public park construction, affordable housing, living wage policy, New movement for social, economic and environmental benefits. State of the economy: decline, loss of good manufacturing jobs, rise of temp work, Redistributive tax on private capital in order to provide well-paying jobs to local residents compensate for locally incurred negative externalities in a post-fordist and neoliberal urban economy. Promotes balanced urban growth through investment in low-income communities. Fills a void in the absence of govt intervention. Organizing gives community the non-existent power to negotiate. Politically motivated process to engage the developers, community and local businesses. Over 25 cbas in effect in the us. Needs some political backing, supportive law and legal framework.
