π Tender Overview
Project : PFO-008-12
Project Description : Capital funding for the development of new parkland throughout the City. Developers under agreement in subdivision development provide 5% land for a park plus additional funds per acre to construct the park and provide amenities. The collected fees are deposited into Reserve Fund 151 - Land Acquisitions - Other than Highways. The future costs are related to Sandwich South Employment Lands which is expected to occur in 2026