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- As per Section 26.2 of the DCA, where the development of land results from the approval of a site plan or zoning by-law amendment for which a complete application was received on or after January 1, 2020, the development charges shall be calculated on the development charges rates in effect on the date of the site plan planning application, or zoning amendment application if a site plan application does not apply, including interest.
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Does section 26.2 apply to development charges?
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Dec 4, 2019 · (b) any part of a development to which section 26.1 does not apply if, on the date the development charge is payable, more than 18 months has elapsed since the application referred to in clause (1) (a) or (b) was approved.
May 24, 2019 · Section 26.2 does not apply to development charges that are payable under a development charge by-law that applies in accordance with the transitional provisions introduced in the Planning Act and found in paragraph 3 of subsection 37.1 and paragraph 5 of subsection 51.1(7).
Under subsection 26.2(3) of the Act, a municipality may charge interest on the development charge from the date of the application referred to in clause c(i) or c(ii) to the date the development charge is payable, at a rate not exceeding the maximum interest rate determined in accordance with subsection 26.3 of the Act.
Dec 9, 2022 · Transitional provisions for development charges for rental construction and additional units – Bill 23, as passed, provides a new addition in the transitional provisions for section 26.2 of the Development Charges Act, 1997, dealing with reductions to development charges for rental construction and additional units, to address agreements made ...
Section 26.2 of the Development Charges Act and interest will be calculated in accordance withthe Town’s Financial Policy No 117 Section 4.1.4. If the development is not proceeding via a Planning approval ; or
Development Charges Rate Lock In: As per section 26.2 of the DC Act, the DC rate charged to a development will be based on the application date of a Site Plan Application or a Site-specific Zoning Amendment, if such application is applicable, and only where such application is applied for on or after January 1, 2020 and the
Section 26.2 (3) of the Development Charges Act , pertaining to the "frozen" development charges that applies to Site Plan and Rezoning Applications received, and any building permits issued, after November 1, 2020, and authorize the Chief Financial Officer and Treasurer to apply interest charges: