In The News
Airport area expansion plans costly
Date: July 5, 2010
Source: thespec.com
The city is predicting the future employment district around Hamilton’s airport will pay off directly with 24,360 jobs — and $66 million in yearly tax revenue — when it’s fully developed in 2031. But building the roads, sewers and other infrastructure needed to develop the 1,173-hectare parcel the city has dubbed the Airport Employment Growth District (AEGD), could mean the city has to make the tough call to hike industrial development charges across Hamilton, according to a report going to council committee today.
