Development Cost Charges Waiver Bylaw No. 5258, 2023 — full text, West Vancouver, British Columbia

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5632894v2 District of West Vancouver Development Cost Charges Waiver Bylaw No. 5258, 2023 (Kiwanis North Shore Housing Society) Effective Date: September 18, 2023 5632894v2 District of West Vancouver Development Cost Charges Waiver Bylaw No. 5258, 2023 Table of Contents Part 1 Citation..................................................................................................... 1 Part 2 Eligible Development...................................................................1 Part 3 Waiver of Development Cost Charges.............................................2 Development Cost Charges Waiver Bylaw No. 5258, 2023 1 5632894v2 District of West Vancouver Development Cost Charges Waiver Bylaw No. 5258, 2023 A bylaw to waive Development Cost Charges (DCCs). WHEREAS the Council of The Corporation of the District of West Vancouver deems it expedient to provide for waiving Development Cost Charges (DCCs) pursuant to section 563 of the Local Government Act for eligible developments in the following categories: (a) not-for-profit rental housing, including supportive living housing; and (b) for-profit affordable rental housing. NOW THEREFORE, the Council of The Corporation of the District of West Vancouver enacts as follows: Part 1 Citation 1.1 This bylaw may be cited as Development Cost Charges Waiver Bylaw No. 5258, 2023. Part 2 Eligible Development 2.1 "Eligible Development" includes: 2.1.1 Housing owned and managed by a public body, a non-profit society registered in BC or a charity registered in Canada, or housing in which occupants are provided with they support or assistance they require to meet their daily needs and carry out daily activities; and, 2.1.2 Housing that is subject to a housing agreement limiting the form of tenure to rental tenure, restricting occupancy to individuals or Development Cost Charges Waiver Bylaw No. 5258, 2023 2 5632894v2 households with low to moderate incomes, and restricting rents to an amount no greater than 75% of average market rents. Part 3 Waiver of Development Cost Charges 3.1 Council may waive or reduce development cost charges for "Eligible Development". 3.2 The development cost charges that would otherwise be payable for housing that is Eligible Development under s. 2.1.1 or 2.1.2 of this Bylaw, at 950 and 970 22nd Street, West Vancouver, and is owned by the District of West Vancouver and operated by Kiwanis North Shore Housing Society are hereby reduced by $1,434,732. READ A FIRST TIME on September 11, 2023 READ A SECOND TIME on September 11, 2023 READ A THIRD TIME on September 11, 2023 ADOPTED by the Council on September 18, 2023. [Original signed by Mayor] Mayor [Original signed by Deputy Corporate Officer] Deputy Corporate Officer