As per the Development Charges Act, 1997, S.O. 1997, c.27 Section 12(1) before passing a development charge by-law, the Council shall (a) hold at least one public meeting. Notice of the public meeting was given on February 5th, 2020, at least 20-days in advance of the public meeting, in accordance with the requirements of the regulations. The Area-specific Development Charge Background Study was made available publicly on December 19, 2019 and a copy of the draft by-law was made available on February 13, 2020, at least two weeks prior to the public meeting.
PRESENTATION FROM THE CONSULTANT
Jackie Hall, Hemson Consulting Ltd., made presentation providing an overview of the area-specific development charges (DC), area-specific development forecast, capital program summary, calculated area-specific development charges rates, area-specific development charges by-law policies, and next steps. Council ratification and passage of 2020 area-specific development charges by-law scheduled for March 16, 2020 meeting.
PRESENTATIONS FROM THE PUBLIC
None.
QUESTIONS AND CLARIFICATIONS FROM COUNCIL
In response to enquiries, Ms. Hall indicated that area-specific development charges are for a specific area, so costs are within that boundary and and all costs are associated with it. She noted it is a common practice when developing a smaller area. Development charges are still collected for rental housing, however, it is deferred until occupancy and paid in five installments thereafter.