Development Charges are fees charged on new development to pay for development-related capital costs and services.
Council passed the Development Charges By-law 98 of 2021 on September 8th 2021. This by-law and its fee schedule are in effect for up to five (5) years.
You must pay these fees when you get a building permit.
Current Development Charges Study
Prior to passing the by-law, Council was required to undertake a Development Charges Background Study.
*New Development Charges Background Study 2020/2021* |
|
The 2021 development charges By-law was passed on September 8th, 2021. See the Notice of Passing of the By-law.
The 2021 Development Charges By-law will be presented to Council on September 8th, 2021 for consideration.
The DC background report has been updated since the Public Meeting that took place on August 23rd, 2021. The addition of the firefighter outfitting Development Charge project results in a $485.00 increase in the DC for a single detached home; therefore, the Development Charge for a single-detached home has increased from $10,396.00 to $10,881.00. The Wyoming stormwater charge has been removed from the DC Background Report and By-law.
A Public Meeting for feedback took place on August 23rd, 2021. The meeting was to discuss the proposed Development Changes By-law that would set out new development charge rates. Draft Development Charges By-law Presentation to be given August 23rd, 2021 Development Charges Public Meeting Agenda
In 2020, The Town started the process of the next Development Charges Background Study which is being facilitated by BM Ross and Associates Limited. The Development Charges By-law is renewed every 5 years and a Background Study is required to be undertaken each time, prior to the passage of the By-law.
|
What happens to the fees collected from development charges?
Development charges help fund library services, fire services, parks and recreation, and public works. The principle is that growth pays for growth, and the financial impact of new growth should not be placed on existing tax/rate payers.
Contact