THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 2376 A Bylaw to impose Development Cost Charges for Highway Facilities requirenents. WHEREAS pursuant to Division (5) of Part 29 of the Municipal Act the Council may, by Bylaw, impose development cost charges under the terms and conditions therein sat forth; AND WHEREAS in the opinion of the Council the charges imposed by this Bylaw are required for the purpose of assisting in the payment of the capital costs of providing, constructing, altering or expanding highway facilities; AND WHEREAS the Council has given due consideration to all the factors involved in establishing the charges hereinafter specified; AND WHEREAS the considerations, information and calculations used to determine the development cost charges hereinafter imposed are available to the public, ou request, from the City Engineer of the City; AND WHEREAS the approval of the Inspector of Municipalities has been obtained; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. Subject to the provisions of Section 2, every person who obtains: a) approval of a subdivision; or b) a building permit authorizing the construction, alteration or extension of a building or structure; shall pay, prior to the approval of the subdivision or the issue of the buildiug permit, as the case may be, to The Corporation of the City of Port Coquitlam, the applicable development cost charge as set out in Schedule "A" hereto. Section 1 does not apply to developments for which the imposition of a development cost charge ig prohibited by Statute. The “Highway Facilities Development Cost Charge Bylaw, 1986, No. 2175" is repealed. This Bylaw may be cited for all purposes as the “Highway Facilities Development Cost Charge Bylaw, 1988, No. 2376". FIRST THREE AEADINGS