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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101023

Commenting on behalf of

Halton Region

Comment status

Comment approved More about comment statuses
Dear Hon. Paul Calandra: RE: ERO# 019-9198 – Enabling the use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101028

Commenting on behalf of

Municipality of Middlesex Centre

Comment status

Comment approved More about comment statuses
Please see the attached comments on behalf of the Municipality of Middlesex Centre. Thank you! Stephanie Bergman Manager of Planning and Development Municipality of Middlesex Centre Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101032

Commenting on behalf of

City of Toronto

Comment status

Comment approved More about comment statuses
On behalf of the City of Toronto, please find staff comments regarding the regulatory proposal to enable the use of pay-on-demand surety bonds to secure land-use planning obligations. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101040

Commenting on behalf of

Niagara Region

Comment status

Comment approved More about comment statuses
Thank you for the opportunity to comment on a proposed regulation that would authorize development agreement surety bonds. Due to the timing of the comment window relative to our Council reporting schedule, please find attached comments on behalf of Niagara Region staff. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101044

Commenting on behalf of

Individual

Comment status

Comment approved More about comment statuses
We recommend adjusting the minimum AM Best rating to an “A- Excellent” Rating. AM Best’s Financial Strength Rating (FSR) is an independent opinion of an insurer’s financial strength and ability to meet its ongoing insurance policy and contract obligations. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101046

Commenting on behalf of

City of Guelph

Comment status

Comment approved More about comment statuses
Thank you for the opportunity to provide feedback on the proposed amendments to the Planning Act. Attached are the City of Guelph's comments and recommendations regarding the proposal. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101052

Commenting on behalf of

City of St. Catharines

Comment status

Comment approved More about comment statuses
On September 16, 2024, the Provincial government released proposed regulation under s.70.3.1 of the Planning Act that would authorize landowners to stipulate pay-on-demand surety bonds to be used to secure municipal obligations that are conditions of land-use planning approvals. Read more

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Comment on

Enabling the Use of Pay-on-Demand Surety Bonds to Secure Land-Use Planning Obligations under Section 70.3.1 of the Planning Act.

Comment ID

101054

Commenting on behalf of

Millford

Comment status

Comment approved More about comment statuses
Surety bonds free up capital especially when a project is complete and yet the municipal processing time to either reduce or return the letter of credit takes an EXTRAORDINARY [emphasis added] amount of time. These regulations will certainly solve this most unfair problem. Read more

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