THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 2376 A Bylaw to impose Development Cost Charges for Highway Facilities requiremects. WHEREAS pursuant to Division (6) of Part 29 of the Muiicipal Act the Council may, by Bylaw, impose development cost charges under the terms and conditions therein set forth; AND WHEREAS in the opinion of the Council the charges imposed by this Bylaw are required for the purpose of assisting in the payment of the capital coats of providing, constructing, altering or expanding highway facilities; AND WHEREAS the Council has given due consideration to all the factorg davolved iu establishing the charges hereinafter specified; AND WHEREAS the considerations, information and calculations used te determine the development cost charges hereinafter imposed are available to the public, on request, from the Clty Engineer of the City; AND WHEREAS the approval of the Inspector of Municipalities has been obtained; NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitlam, in open meeting assembled, enacts as follows: 1. Subject to the provisions of Section 2, every person who obtains: a) approval of a subdivision; oz b) a buiiding permit authorizing the construction, alteration or extension of a building or structure; shall pay, prior to the approval of the subdivision or the issue of the building permit, as the case may be, to The Corporation of the City of Port Coquitlam, the applicable development cost charge ag set out iu Schedule "A” hereto, Section 1 does not apply to developments for which the imposition of a development cost charge is prohibited by Statute. The “Highway Facilities Development Cost Charge Bylaw, 1986, No. 2175" is repealed. This Bylaw may be cited for all purposes as the "Highway Facilities Development Cost Charge Bylaw, 1988, No. 2376".