CIP funding recommended for 29 Wellington St. N. upgrades
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Description
Woodstock staff recommend a CIP agreement with Raycro Real Estate Inc. for 29 Wellington St. N., providing $15,000 in grants plus permit and tax-back incentives to support interior refurbishment and exterior façade improvements. The funding aims to leverage private investment in downtown residential and commercial renewal.
Contract Details
Contract Amount
$15,000 in grants (plus Permit and Tax Back grants with amounts included elsewhere)
Vendor
RAYCRO REAL ESTATE INC
Agency
City of Woodstock, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
May 7, 2026
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City of Woodstock Council Agenda Packet May 7 2026
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City of Woodstock Council Agenda Packet May 7 2026
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