TUE CORPORATION OF TILE CITY OF PORT COQUITLAM

BY-LAW NO. 3680

A By-law to impose Development Cost Charges for Uighway Facilitics
requirements in Spocified Areas, .

. WHEREAS pursuant to Section 702C of the Municipal Act the Council
may, by By-law, impose development cost charges under the terms and conditions
of the Section; ‘

“AND WHEREAS development cost charges may be imposed for the purpose
of providing funds to assist the City’in paying the capital cost of providing,
altering, or expanding highway facilities in order to serve, dizectly or indirectly,

the development in respect of which. the charges are imposed;

AND WHEREAS no development cost charge shali be required to be paid

(a) ‘a development cost charge has previously been 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
. .

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new capital cost burdens on the City;
AND WHEREAS in the consideration of Council the charges imposed
by this By-law:
| (a) are net excessive in relatien to the capital cost of

prevailing standards of service in the City;

(b) will not deter development in the City;

(ec) will not discourage the construction of reasonably priced
housing or the provision of reasonably priced serviced
land;
are not duplication of requirements imposed by the City
pursuant to land use contract, development permits or
the provisions of a subdivision control by-law, or Section
731 of the Municipal Act. .

AND WHEREAS in the opinion of Counci} the charges imposed by

this By-law are related to capital costs attributable to projects involved

in the capital budget of the City.