Development Cost Charge Reduction Bylaw No. 834, 2020

Elkford, British Columbia · No. 834 · summary & facts

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DISTRICT OF ELKFORD Development Cost Charge Reduction Bylaw No. 834, 2020 A Bylaw to reduce development cost charges for not-for-profit rental housing on Lot A, District Lot 12378, Kootenay District Plan EPP31565 - 214 Alpine Way. WHEREAS section 563 of the Local Government Act authorizes a local government to waive or reduce a development cost charge for not-for-profit rental housing, including supportive living housing; WHEREAS Council wishes to provide for a waiver or reduction of a development cost charge for a not- for-profit rental housing project located at Lot A, District Lot 12378, Kootenay District Plan EPP31565-214 Alpine Way (the "Land); NOW THEREFORE, the Council of the District of Elkford in open meeting assembled enacts as follows: 1. CITATION This bylaw may be cited as "Development Cost Charge Reduction Bylaw No. 834, 2020". 2. DEFINITIONS In this bylaw: "Not-for-profit rental housing" means: a) Oneor more rental dwelling units: i. That are publicly owned or owned and operated by an incorporated not-for-profit organization. 3. ELIGIBLE DEVELOPMENT For the purposes of this Bylaw, not-for-profit rental housing constructed at Lot A, District Lot 12378, Kootenay District Plan EPP31565 shall be considered eligible development. 4. REDUCTION The District of Elkford development cost charge will be reduced by 100% for eligible development as per section 3 of this bylaw. 5. SEVERABILITY If any part, paragraph or phrase in this Bylaw is for any reason held to be invalid by the decision of a court of competent jurisdiction, that portion shall be severed and the remainder of this Bylaw shall continue in force. READ A FIRST TIME this 10° day of August, 2020. READ A SECOND TIME this 10° day of August, 2020. READ A THIRD TIME this 10" day of August, 2020. ADOPTED this day 24 of August, 2020. Dean McKerracher Chantel Dawson Mayor Director of Corporate Services