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City of Woodstock StaffReport Community Improvement Plan Agreement 2026-05-07

CIP grants proposed for 29 Wellington Street North

$15,000 in grants plus Permit Grant and Tax Back Grant (amounts not specified)City of WoodstockRAYCRO REAL ESTATE INCMay 7, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Woodstock staff recommend a Community Improvement Plan 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 and exterior refurbishment. The funding aims to encourage residential intensification and façade improvements in the downtown core.

Contract Details

Contract Amount

$15,000 in grants plus Permit Grant and Tax Back Grant (amounts not specified)

Vendor

RAYCRO REAL ESTATE INC

Agency

City of Woodstock, Canada

Contract Type

FINANCIAL_SERVICES

Document Date

May 7, 2026

Renewal Info

One-time Community Improvement Plan financial incentives; no renewal terms described.

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