Update from Public Meeting on Nov 25, 2019

26 Nov 2019

Council requests staff to prepare a by-law based on the following for residential and non-residential rates:

For the residential rate:

Staff to bring back a by-law that includes the residential rates to be charged at a discount of 42.5% of the maximum charge of $8,679, to the amount to be charged on a single/semi detached residential unit would be approximately $4,990.

For the non-residential rate:

Staff to bring back a by-law to change the non-residential rate to maintain the charge at the existing rate of $10.87/per m2 which is a discount of the maximum calculated rate of 82.3%

Categories: Development Charges
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