ACA Holdings LTD. at Halifax Regional Municipality

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This document outlines a development agreement (PLANAPP 2024-00911) between Stargazing Nova Scotia and the Halifax Regional Municipality for the creation of a 'Stargazing Park' at 5933 Prospect Road, Big Lake. The project encompasses the Abbey Ridge Observatory, rental cabins, bunk house observatories, tent sites, a Stargazers Lodge, a café, a boathouse, an Analog Research Station, and a single-unit dwelling, along with associated infrastructure. The agreement details land use provisions, architectural and parking requirements, environmental protection measures, and administrative clauses. The developer is responsible for all costs associated with the project, which is expected to be completed within ten years from the agreement's registration date, following final approvals anticipated after January 12, 2026.

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This report recommends the approval of a development agreement for a 14-storey mixed-use building at 247 Main Street, Dartmouth. The proposed building will contain 105 residential units and commercial space on the ground floor. The agreement outlines the development provisions, architectural requirements, municipal services, environmental protections, and administrative terms. The developer, Cornerstone Developments, is responsible for all associated costs, including wastewater infrastructure extensions.

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SERVICE & RENTAL OF RESTROOM ODOR CONTROL UNITS

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This Guaranty Agreement, dated August 30, 2023, is made between Halifax Township (Guarantor), Halifax Area Water and Sewer Authority (Funding Recipient), and the Pennsylvania Infrastructure Investment Authority (Authority). Halifax Township unconditionally guarantees 59.14% of the principal and interest payments on a Debt Obligation of $6,519,652.00 owed by the Funding Recipient to the Authority. The document includes an amortization schedule detailing the repayment of a $3,855,722.00 principal amount over 240 months at a 1% interest rate, which corresponds to the guaranteed portion of the Debt Obligation.