When a Subdivision Plan is approved or a Buiiding Permit is issued for land within the boundaries of the two areas outlined in black on Map No. | forming part of this schedule. Development Cost Charges are imposed and shall be paid in accordance with the following table: (a) at the time of issuance of a building permit or at the time of approval of subdivision, for single and multifamily residential uses and lands. (b) at the time of issuance of a building pe -mit for cornmercial uses and lands. (c) at the time of issuance of a building -ermit or at the time of approval of subdivision, for industrial uses and lands. LAND USE “AREA 1 CHARGES AREA 2 CHARGES Single Family Residential 442-96 /funit GO.00 261.00 /unit -~ Multi Family Residential 49060 /unit (08.00 313.00 /unit ~~ $ $ $ $ Industrial $ 4,910.00 hha ~~ $ 14,268.00 ha _~ $ $ 2.84 /sq.m* |” Commercial 0.98 /sq.m* ,~ * Gross Floor Area of the Building For the purpose of this Schedule: (a) “Single family residential lands" means all lands having a short form zone designation pursuant to the City of Port Coquitlam Zoning Bylaw No. 2240 beginning with the prefixes "RS" or "RT"; (b) "Multi family residential lands" means all lands having a short form zone designation pursuant to the City of Port Coquitlam Zoning Bylaw No. 2240 beginning with the prefix "RM"; (c) "Commercial lands" means all lands having a short form zone designation pursuant to the City of Port Coquitlam Zoning Bylaw No. 224G beginning with the prefixes "Cc", "CS", or aa "Industrial lands" means all lands having a short form zone designation pursuant to the City of Port Coquitlam Zoning Bylaw No. 2240 beginning with the Prefix "M". "Unit" with respect to subdivision means each dwelling unit which is potentially authorized to be constructed on the land to be subdivided, and with respect to a Building Permit means each dwelling unit authorized to be constructed pursuant to the Building Permit. 2737 ITEM | PAGE 33