LRMC Responds to Water Rate Proposals

LRMC was recently contacted by the City of London's Environment and Transportation Committee and asked to comment on a position paper concerning the water component of development charges.

LRMC discussed the position paper at our March council meeting and prepared a response on behalf of the manufacturing sector.

Our Recommendations:

With respect to water charges, LRMC stressed that water rates must remain competitive with surrounding communities and that substantial increases could threaten new and expansion industrial investment.

With respect to development charges, LRMC recommended that industrial growth continue to be exempted because most surrounding communities (within 50 kms) continue to exempt industrial investment from development charges.

London has finally become competitive for industrial investment and LRMC does not want to see London's position eroded.

LRMC has requested an opportunity to comment on any proposed changes to the current development charge exemption for industrial growth.

To read the text of the LRMC response, please choose this link:

E&T Water Rate Response

Dave Gardner, Chair