THE CORPORATION OF THE CLLY OF PORT COQUTTLAM

BY-LAW NO. 1680

A By-law to impose Development Cost Charges for Highway Factlitics
requirements in Specified Arcas. ,

. WHEREAS pursuant to Section 702C of the Municipal Act the Council
may, by By-law, impose development cost charges under the terms and conditions
ef 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 jn order to serve, directly or indirectly,
the development in respect of which the charges are imposed;

AND WHEREAS no development cost charge shall be required to be paid
af:

(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 che subdivision or development does nok 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: e
| (2) are not excessive in relation to the capital cost of
prevailing standards of service in the City;
will nor deter development in the City; . .
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
711 of the Municipal Act, .
AND WHEREAS in the opinion of Couneil the charges imposed by

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

in the capital budget of the City.