THE CORPORATION OF THE CITY oF por cOqvITrAH, BY-LAW NO. °1745 ‘e i fg fad 4 prunes Wy i | , & 4957 ‘ A By-law to impose Development Cost Charees for Seware Facilitice: © requirements in Specified Areas. WHEREAS pursuant to Section 702C of che Municipal Act the Council tay, by By-law, impose development cost charges under the terms and conditions of the Section; AND WHEREAS development cost charges may be imposed fer the purpose of providing funds to assist the City in paying the capital cost of providing, altering, or expanding sewage facilities in order to serve, directly or indirectly, the development in respecte of which the charges are imposed; * AND WHEREAS no development cost charge shall be required to be paid ts) a development cost charge has previously bean paid with respect to the same development, unless as a result of a further subdivision or development, new capital cost burdens will be imposed on the City; or (b) where the subdivision or development docs not impose new capital cost burdens on the tity; AND WHEREAS in the consideration of Council the charges imposed by tity By-law: (a) are not excessive in relation to the capital cost of prevailing standards of service in the City; (b) wlll not deter development in the City; {c) will not discourage the construction of reasonably priced housing or the provision of reasonably priced surviced land; are not duplicution of requirements imposed by the City pursuant to land use contract, developmen: permits or the provisions of a eubdivision control By-law, or Section 711 of the Municipal Acc. FIRST THREE READINGS