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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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What changes should be made to the Development Charges Act 1997?
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What are the rules relating to development charges?
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).
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Jun 12, 2024 · Development Charges are a fee charged by the municipality for the recovery of growth costs. Growth costs are recovered to build new infrastructure supporting growth, to pay down existing debt for past growth works, and to avoid taxpayers paying for costs that serve growth. Development Charges do not pay for operating costs or infrastructure ...
Dec 4, 2019 · (4) The amount of a development charge referred to in subsection (1) is the amount of the development charge determined in accordance with section 26.2, regardless of whether the by-law under which the amount of the development charge would be determined is no longer in effect on the date an instalment is payable.
Development charges that have qualified for a rate freeze under section 26.2 of the DCA shall be subject to interest on the development charge from the date the application is deemed received complete, until the development charge has been paid in full.
To allow for a transition period, this policy does not apply to any development where: a) An application under sections 34 or 41(4) of the Planning Act is not required, but: • Still qualifies for instalment payments under section 26.1 of the Act, and
Normally, the development charges rate payable is the rate in effect on the day that the building permit is issued. However, where the DC Rate lock-in per Section 26.2 of the DC Act does not apply, the City’s policy is that the development charges rate payable is the rate in effect on the
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