shall be accompanied by a non-refundable application fee of
$300.00.

The applicaticn shall be in the form provided by the "Development
Permit Format Procedure By~law, 1981, No. 1877" and all the
information required by the permit application form specified

in that By-law shall be Provided.

A Development Permit shall require that the applicant deposit

a security in the form of a irrevocable letter of credit in a
form acceptable to the City Treasurer drawn on a Canadian
financial institution. The amount of the security shall be

not less than the cost of constructing the services for the

lot or lots, as estimated by the City Engineer, plus the cost

of landscaping materials and installations, as estimated by

a landscaper, landscape architect Or architect, and found

acceptable to the Director or Planning.

‘The Director of Planning shall report. to Council on the preposed
Development Permit with reference to the Planning policies of

the Council and such other matters as may be considered

essential for consideration by the Council.

Development Permits shall be considered by the Council and shall

be authorized, authorized as amended, declined, or otherwise dealt
with by resolution.

An authorization by Council to issue a Development Permit that requires
the approval of the Minister of Transportation and Highways shall be

deemed to have been given subject to receipt of that approval.