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THE CORPORATION OF THE CITY OF PORT COQL iy) U Ae
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BY-LAW No. 1680 JUL g 1979

A By-law to impose Development Cost Charges for Highway Facilities

requirements in Specified Areas.

WHEREAS pursuant to Section 762C of the Municipal Act the Council
may, by By-law, impose developmen- 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, directly or indirectly,
the development in respect of which the charges are imposed:

AND WEREAS no development cost charge shall be required to be paid

if: ;
(a) a development cost charge has previously been paid with
xeepect to the saue 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 aces not impose

new capital cost burdens on the City;
AND WHEREAS in the consideration of Council the charges imposed
by this By-law:
(a) are not excessive in relation to che capital cost of
prevailing standards of service in the City;
(b) will not 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 cr
the provisions of a subdivision control by-law, or Section
711 of the Municipal Act.
AND WHEREAS in the opinion of Council the charges imposed by

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

dn the capital budget of the City. . Nort: MQalable for Fins
THREE Readings.
City Cuca