Lucas Point Park.” Venture13, the Town of Cobourg’s innovation and entrepreneurship centre, has also played a pivotal role in the community’s evolution, offering business workshops, speaker series and peer‑mentoring, while attracting growth and new investment. INVESTMENTS IN THE FUTURE Infrastructure planning is top of mind in Cobourg and recently, the town was successful in obtaining a $25 million infrastructure grant from the province, with Cobourg contributing an additional $10 million from recoverable development charges.This funding will go towards expanding its wastewater collection system and watermains to help enable the immediate construction of 2,266 new homes. “Our secondary plan in the east end is really taking off,” Director of Public Works and Engineering, Laurie Wills highlights.“It’s a very exciting achievement to further grow Cobourg through developing a whole entire new area of the town, which will include commercial and industrial areas, parks and recreation Mayor Cleveland.“Through our innovative business development team, we’ve worked with them to secure some major grants.”Among the successes are Baxter’s Bakery, who received $466,000 to leverage a $3.4 million automation investment and create 54 new jobs. In addition, Beneco Packaging obtained over $500,000 to support a $7 million equipment upgrade, and Custom Plastics International was awarded $217,000 toward expanded production lines.Vaughan notes,“We are incredibly grateful that the province has recognized the work we are doing in Cobourg and have provided essential funding to see these projects to fruition. Our business partners, and Council are actively invested to ensure that the return on investment is multiplied exponentially.” Mayor Cleveland adds, “When we took office two and a half years ago, we had a million square feet of industrial space still available for rent. That has all been occupied, and we have hundreds of thousands more in the planning department through 5 CIVIL AND MUNICIPAL VOLUME 06, ISSUE 06 COBOURG, ON
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