The City of Kitchener’s Finance and Corporate Services Committee has approved a next step in the process that will ultimately determine the future for the Charles Street Terminal.
Operations at the former bus terminal in Kitchener’s downtown core wrapped up in 2019. The site was used as COVID-19 testing clinic from December 2020 to March 2022, but has since been empty.
The terminal, which makes up 88 per cent of the block, is owned by the Region of Waterloo, with the City of Kitchener owning a parking lot that makes up the remaining 12 per cent of the nearly three acre property.
At Monday afternoon’s meeting, the committee approved a Memorandum of Understanding that clarifies how responsibilities and cost sharing will be handled going forward.
Among the arrangements it puts in place, city staff will participate in all applicable processes, but the region will lead and pay for all processes …