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Mississauga Council Establishes New Business Improvement Area In Malton

Dec 13, 2012

At its meeting yesterday, Mississauga City Council approved a bylaw to establish the boundaries of a new Business Improvement Area (BIA) in the Malton community, Ward 5.

"The new Malton BIA will be a great boost to the local economy," said Mayor Hazel McCallion. "I want to congratulate Ward 5 Councillor Bonnie Crombie for leading this initiative. The new BIA will have a strong influence on making Malton a rich, healthy, accessible and prosperous community; I am sure having a BIA will help Malton become a commercial, social and cultural destination for the entire City."

The approved boundary includes businesses along Airport Road from Thamesgate Drive to Derry Road, Derry Road from Burlington Street to Rexwood Road and Goreway Drive from Derry Road to Morning Star Drive (see map).

"I am very pleased that Council passed the bylaw to create a Malton BIA," added Ward 5 Councillor Bonnie Crombie. "We have a great group of business owners behind this initiative and I know that through their leadership, this will be a great success. It will not only bolster the economic prospects of the business area in Malton, but will also assist in revitalizing the community. The BIA will start small, but I am confident that it will put Malton back on the map."

Background

In June 2012, following meetings with local Malton businesses, a steering committee was formed to proceed with forming a Malton BIA. The steering committee also proposed short and long-term goals for the new Malton BIA which among others include:

• installing new entrance signs and banners along the BIA boundaries;
• placing benches and flower planters and other streetscape architecture; and
• developing a website and fostering relationships with local community groups to promote the Malton community and its businesses to Mississauga and a wider regional community.

In September, City Council approved a corporate report that recommended a Malton BIA be created based on proposed boundaries and with the approval of area businesses.

The process for establishing the Malton BIA has followed the legislative requirements of the Municipal Act, 2001, which allows the City to designate a business improvement area. Before passing the bylaw, notice of intention to pass a bylaw was sent to the business property owners representing more than 350 businesses in the proposed boundary area. Following the 60 day notice period, the City received no objection from more than two-thirds of business property owners indicating support to form the Malton BIA.

With the approval of the bylaw to designate the Malton BIA now in place, Council will appoint an executive board of management. The executive board will prepare a budget for Council’s approval which will determine the levy to be added to the business tax bill for members in the designated area. The Malton BIA will be one of four successful BIA's in Mississauga including established business areas in Streetsville, Port Credit and Clarkson.

As Canada's sixth largest city, Mississauga is home to 741,000 residents and more than 54,000 businesses, including more than 60 Fortune 500 companies with Canadian head offices or major divisional head offices. A diverse, progressive and award-winning municipality located on the shores of Lake Ontario in the heart of the Greater Toronto Area, Mississauga is "Leading Today for Tomorrow" by focusing on delivering services, implementing its Strategic Plan, delivering value for money and maintaining infrastructure.

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Media Contact:
Dolores Bartl-Hofmann
Senior Communications Advisor, Community Services
Phone: 905-615-3200 x5051
TTY:    905-896-5151
Email:   dolores.bartlhofmann@mississauga.ca


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