Township of Rideau Lakes By-law 2024-105, Development Charges By-law, 2024
Rideau Lakes, Ontario
· No. 2024-105
· summary & facts
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BY-LAW NUMBER 2024-105
THE CORPORATION OF THE TOWNSHIP OF RIDEAU LAKES
BEING a By-Law to Establish Development Charges.
WHEREAS the Council of the Corporation of the Township of Rideau Lakes (hereinafter
referred to as "the Council") anticipates that the Corporation of the Township of Rideau
Lakes (hereinafter called "the Municipality") will experience additional development,
including redevelopment throughout the Municipality in the next ten years and Council
further anticipates that this development will increase the need for services;
AND WHEREAS the Development Charges Act, 1997 (the "Act") provides that the
council of a municipality may by by-law impose development charges against land to
pay for increased capital costs required because of increased needs for services;
AND WHEREAS a development charge background study has been completed in
accordance with the Act;
AND WHEREAS the Council of The Corporation of the Township of Rideau Lakes has
given notice of and held a public meeting on the 3" of September, 2024 in accordance
with the Act and the regulations thereto;
AND WHEREAS Council desires to ensure that the capital cost of meeting growth-
related demands for, or burden on, municipal services does not place a financial burden
on the Municipality or its existing taxpayers;
NOW THEREFORE the Council of The Corporation of the Township of Rideau Lakes
hereby enacts as follows:
DEFINITION AND USES:
1. In this By-law, unless a contrary intention appears, a term has the same
meaning as that which exists in the Act or any Regulation made pursuant to
Section 68 of the Act, both as amended from time to time.
2. In this By-law:
a) "Act" means the Development Charges Act, as amended, or any successor
thereof;
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b) "Additional Residential Units" will have the same meaning as within the
Township's Zoning By-law as may be updated from time to time;
c) "Agricultural Use" means a building or structure associated with and
located on land devoted to the practice of farming and that is used
essentially for the housing of farm equipment or livestock or the production,
storage or processing of agricultural and horticultural produce or feeds and
as part of or in connection with a bona fide farming operation and includes
barns, silos and other buildings or structures ancillary to that farming
operation, including greenhouses, but excludes:
i. a residential use, with the exception of a bunk house for seasonal
farm workers required for that farm operation; and
ii. any building or portion thereof used or intended to be used for any
other Non-Residential Use, including, but not limited to:
1. retail sales;
2. commercial services;
3. restaurants;
4. banquet facilities;
5. hospitality and accommodation facilities;
6. gift shops; contractors' shops;
7. services related to grooming, boarding, or breeding of
household pets;
8. alcohol and marijuana production facilities;
9. wineries and breweries;
10.craft level production facilities (as defined in the
Municipalities Zoning By-law);
11.hunt camps and fishing camps;
12.renewable energy structures; and
13. recreational vehicle storage.
d) "Apartment Dwelling" means a dwelling unit within a residential building,
consisting of four or more dwelling units, which is not a single detached
dwelling, a semi-detached dwelling, a row dwelling, a duplex or a triplex.
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Notwithstanding the foregoing, an Apartment Dwelling includes a Stacked
Townhouse Dwelling, and Additional Residential Units;
e) "Bedroom" means a habitable room larger than seven square metres,
including a den, study or other similar area, but does not include a
bathroom, living room, dining room or kitchen;
f) "Board" means a board of education, public school board, secondary
school board, Catholic school board, Protestant school board, or a board
as defined in Subsection 1(1) of the Education Act, R.S.O. 1990, c.E.2, as
amended;
g) "bona fide farm uses" means the proposed development that will qualify as
a farm business operating with a valid Farm Business Registration Number
issued by the Ontario Ministry of Agriculture, Food and Rural Affairs and be
assessed in the Farmland Realty Tax Class by the Ontario Property
Assessment Corporation.
h) "Building or Structure" means a structure occupying an area greater than
ten square metres consisting of a wall, roof, and floor or any of them or a
structural system serving the function thereof including an air-supported
structure, excluding a farm building;
i) "Building Code Act" means the Building Code Act, S.O. 1992, c.23, as
amended, and all Regulations thereto including the Ontario Building Code,
1997, as amended;
j) "Capital Cost" means costs incurred or proposed to be incurred by the
municipality or a local board thereof directly or by others on behalf of and
as authorized by the municipality or local board,
i. to acquire land or an interest in land, including a leasehold interest,
ii. to improve land,
iii. to acquire, lease, construct or improve buildings and structures,
iv. to acquire, construct or improve facilities including,
1. furniture and equipment other than computer equipment, and
2. material acquired for circulation, reference or information
purposes by a library board as defined in the Public Libraries
Act, R.S.O. 19990, Chap. P.44, as amended, or any
successor thereof; and
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3. rolling stock with an estimated useful life of seven years or
more, and
v. to undertake studies in connection with any matter under the Act
and any of the matters in clauses (i) to (iv) above, including the
development charge background study required for the provision of
services designated in this By-law within or outside the municipality,
including interest on borrowing for those expenditures under
clauses (i) to (v) above that are growth-related;
k) "Council" means the Council of the Municipality;
1) "Development" means the construction, erection or placing of one or more
buildings or structures on land or the making of an addition or alteration to
a building or structure that has the effect of increasing the size thereof and
includes preparation for such building activity and redevelopment;
m) "Development Charge" means a charge calculated in accordance with the
rules set out in the Development Charges Act, 1997 and imposed against
development in the Municipality as set out in this By-law;
n) "Dwelling Unit" means any part of a building or structure used or
designated to be used as a domestic establishment in which one or more
persons may sleep, prepare and serve meals except in the case of a
special needs dwelling designed for communal style occupancy and not
included as an institutional use as defined in subsection 2 (t). For special
needs housing a Dwelling Unit shall mean a room or suite of rooms
designated for residential occupancy by one or more persons with or
without exclusive sanitary and/or culinary facilities;
0) "Duplex Dwelling" means a residential building that is divided horizontally
into two dwelling units;
p) "Grade" means the average level of finished ground adjoining a building or
structure at all exterior walls;
q) "Green Energy" means lands, buildings or structures that that are not of an
accessory use and that:
i. form, support or accommodate a system or utility used, designed or
intended to convert wind or solar energy into electricity and feed it
into the general power grid, and includes such systems or utilities
that are subject to the Green Energy Act or are participating or
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intended to participate in the Independent Electricity System
Operator's Feed-In Tariff Program, or successor thereof, or similar
program; and
r) "Gross Floor Area" means the total floor area, measure between the
outside of exterior walls or between the outside of exterior walls and the
centre line of party walls dividing the building form another building, of all
floors above the average level of finished ground adjoining the building at
its exterior;
s) "Industrial building" means a building used for or in connection with,
i. manufacturing, producing, processing, storing or distributing
something;
ii. research or development in connection with manufacturing,
producing or processing something;
iii. retail sales by a manufacturer, producer or processor of something
they manufactured, produced or processed, if the retail sales are at
the site where the manufacturing, production, or processing takes
place; or
iv. office or administrative purposes, if they are;
1. carried out with respect to manufacturing, producing,
processing, storage or distributing of something, and;
2. in or attached to the building or structure used for that
manufacturing, producing, processing, storage or
distribution;
t) "institutional development" means development of a building or structure
intended for use:
i. as along-term care home within the meaning of Subsection 2 (1) of
the Long-Term Care Homes Act, 2007;
ii. as a retirement home within the meaning of Subsection 2 (1) of the
Retirement Homes Act, 2010.
iii. By any institution of the following post-secondary institutions for the
objects of the institution:
1. a university in Ontario that receives direct, regular and
ongoing operation funding from the Government of Ontario;
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2. acollege or university federated or affiliated with a university
described in subclause (a); or
3. an Indigenous Institute prescribed for the purposes of
section 6 of the Indigenous Institute Act, 2017;
iv. As amemorial home, clubhouse or athletic grounds by an Ontario
branch of the Royal Canadian Legion; or
v. Asa hospice to provide end of life care;
u) Multiple Dwellings" means all dwellings other than single-detached, semi-
detached, and apartment unit dwellings.
v) "Non-profit housing development" means development of a building or
structure intended for use as residential premises by:
i. acorporation to which the Not-for-Profit Corporations Act, 2010
applies, that is in good standing under that Act and whose primary
object is to provide housing;
ii. a corporation without share capital to which the Canada Not-for-
profit Corporations Act applies, that is in good standing under that
Act and whose primary object is to provide housing; or
iii. a non-profit housing co-operative that is in good standing under the
Co-operative Corporations Act.
w) "Non-Residential Development" means development other than residential
development as defined herein, and includes development for commercial,
agricultural, industrial, institutional, and Green Energy uses;
x) "Owner" means the owner of land or a person who has made application
for an approval for the development of land upon which a Development
Charge is imposed;
y) "Park Model Trailer' means a trailer conforming to National Standard of
Canada CAN CSA-Z241.0-92 or similar standard that is up to a maximum
size of 50 square metres;
z) "Regulation" means any regulation made pursuant to the Act;
aa)"Rental housing" means development of a building or structure with four or
more dwelling units all of which are intended for use as rented residential
premises;
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bb)"Residential" means designed, adopted or used as a home or residence of
one or more individuals who reside or dwell there permanently or
seasonally;
cc) a "Row Dwelling or Townhouse" means a residential building containing
not less than three units with each unit separated by a common or party
wall or walls with a separate outside entrance to each unit;
dd)a "Seasonal Dwelling" means a single detached dwelling occupied on a
non-permanent basis, the owner(s), occupant(s), having another
permanent address, but does not include nursing homes, hotels, motels,
tourist homes, bed & breakfast establishments, student residences,
barracks, or any other development of an institutional nature and included
in the Municipality's Zoning By-law as a non- residential use;
ee)a "Semi-detached Dwelling" means a residential building that is divided
vertically into two or more dwelling units, each dwelling unit having one or
two vertical walls, but no other parts attached to another structure;
ff) a'Single Detached Dwelling" means a residential building consisting of
one dwelling unit and not attached to another structure;
gg)"Stacked Townhouse Dwelling" means a building, other than a Duplex,
Row Townhouse, Back to Back Townhouse, containing at least 3 Dwelling
Units; each Dwelling Unit separated from the other vertically and/or
horizontally and each Dwelling Unit having a separate entrance to grade;
hh)a "Triplex Dwelling" means a residential building that is divided into three
dwelling units;
ii) "Use" means occupation and utilization for a particular purpose, practice or
benefit; and
jj) "Wind Turbine" means a rotary engine that extracts energy from the flow of
wind, converts it to mechanical energy by causing a bladed rotor to rotate,
and further converts it to electrical energy through an electrical generator;
and
kk) "Zoning By-Law" means the Zoning By-Law of the Municipality or any
successor thereof passed pursuant to section 34 of the Planning Act, S.O.
1998.
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DEVELOPMENT CHARGE CALCULATION
2. The Development Charge with respect to the use of any land, buildings or
structures shall be calculated as follows:
a) in the case of residential development, or the residential portion of a
mixed-use development, based upon the number of dwelling units;
b) in the case of non-residential development or the non-residential portion of
a mixed-use development based upon the Gross Floor Area devoted to
the use.
c) In the case of non-residential Green Energy development, based on the
number of kW of solar development or the number of Wind Turbines.
LANDS AFFECTED
4. Pursuant to Section 2 (7) of the Act, this By-law applies to all lands within the
geographic limits of the Municipality, whether or not the land or use is exempt
from taxation under Section 3 of the Assessment Act, R.S.O., 1990.
DESIGNATED SERVICES
sa Pursuant to Section 7 of the Act, the Municipality hereby designates the
services listed in Schedule "A" attached hereto and forming part of this By- law
as the services for which the Development Charge is imposed.
DEVELOPMENT CHARGES IMPOSED
6. Subject to Sections 7 and 8 below and Section 6 of the Act, Development
Charges as hereinafter provided shall be imposed upon, and shall be applied,
calculated and collected in accordance with the provisions of this By-law in
connection with the development of all land within the Municipality for
residential uses and non-residential uses where,
a) the development of the land will increase the need for services, and
b) the development requires,
i. the passing of a Zoning By-law or of an amendment thereto under
section 34 of the Planning Act, R.S.O., 1990,
ii. the approval of a minor variance under section 45 of the Planning
Act, R.S.O., 1990,
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iii. a conveyance of land to which a By-law passed under subsection
50 (7) of the Planning Act, R.S.O., 1990,
iv. the approval of a plan of subdivision under section 51 of the
Planning Act, R.S.O., 1990,
v. aconsent under section 53 of the Planning Act, R.S.O., 1990,
vi. the approval of a description under section 9 of the Condominium
Act, or
vii. the issuing of a permit under the Building Code Act, in relation to a
building or structure.
DEVELOPMENT CHARGES -- AMOUNTS
7. Residential -- The amount of the Residential Development Charge payable
with respect to lands which are the subject of any approvals mentioned in
Section 6 above shall be calculated in accordance with Schedule "B", subject
to any exemption hereinafter provided.
a) Park Model Trailers shall be charged at the bachelor and 1 bedroom
apartment rate as set out in Schedule "B" of this by-law.
8. Non-residential -- The amount of the Non-Residential Development Charge
payable with respect to lands which are the subject of any approvals
mentioned in Section 6 above shall be calculated in accordance with Schedule
"B", subject to any exemptions hereinafter provided.
a) Coverall buildings that are intended to be used exclusively for winter
storage of vehicles and equipment items will be charged at the agricultural
rate as set out in Schedule "B" of this by-law.
CREDITS/ANNUAL ADJUSTMENTS
9. Credit for previous Development Charge Payments and lot levies: A credit
shall be applied to the Development Charge calculated in Sections 7 and 8
above for any previous Development Charge or lot levy payment. The onus
shall be upon the owner/applicant to provide proof of earlier payments.
10. The Development Charge shall be adjusted annually on January 1st of each
year, to reflect the change in third quarter Construction Prices as reported in
the Statistics Canada Quarterly Construction Price Statistics publications
(catalog no. 62-007).
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EXEMPTIONS
11. The Municipality does not have the authority to waive or exempt development
charges, except where defined in section 11 to 18 of this by-law or within the
Act. Notwithstanding the provisions of this by-law, development charges shall
not be imposed with respect to:
a) The enlargement of an existing dwelling unit;
b) asecond residential dwelling unit in an existing or new single detached
dwelling, semi-detached dwelling, or row-townhouse dwelling on a parcel
of land on which residential use, other than ancillary residential use, is
permitted, if all buildings and structures ancillary to the existing or new
single detached dwelling, semi-detached dwelling, or row-townhouse
dwelling cumulatively contain no more than one residential dwelling unit;
c) a third residential dwelling unit in an existing or new single detached
dwelling, semi-detached dwelling, or row-townhouse dwelling on a parcel
of land on which residential use, other than ancillary residential use, is
permitted, if no building or structure ancillary to the existing or new single
detached dwelling, semi-detached dwelling, or row-townhouse dwelling
contains any residential dwelling units;
d) one residential dwelling unit in a building or structure ancillary to an
existing or new single detached dwelling, semi-detached dwelling, or row-
townhouse dwelling on a parcel of land, if the existing or new single
detached dwelling, semi-detached dwelling, or row-townhouse dwelling
contains no more than two residential dwelling units and no other building
or structure ancillary to the existing or new single detached dwelling, semi-
detached dwelling, or row-townhouse dwelling contains any residential
dwelling units; or
e) in an existing rental residential building, which contains four or more
residential dwelling units, the creation of the greater of one residential
dwelling unit or one per cent of the existing residential dwelling units.
12. For the purposes of subsection 11 (d) a residential Dwelling Unit in a Building
or structure ancillary to an existing or new Single Detached Dwelling, Semi-
Detached Dwelling, or Row-Townhouse Dwelling must be an Additional
Residential Unit as defined herein
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13. If adevelopment includes the enlargement of the gross floor area of an
existing non-residential building, the amount of the development charge that is
payable is the following:
a) if the gross floor area is enlarged by 50 per cent or less, the amount of the
development charge in respect of the enlargement is zero; and
b) if the gross floor area is enlarged by more than 50 per cent, development
charges are payable on the amount by which the enlargement exceeds 50
per cent of the gross floor area before the enlargement.
c) For the purpose of this section, "existing": means the number, use and
size that existed as of September 2, 2014 or the number, use and size
that existed after the issuance of a building permit for a new building;
d) For greater certainty in applying this Section, the gross floor area of an
existing non-residential building is enlarged where there is a bona fide
increase in the size of the existing building and the enlarged area is
attached to existing non-residential building and is used for or in
connection with a non-residential purpose as set out in this By-law.
Without limiting the generality of the foregoing, the exemption in this
Section shall not apply where the enlarged area is attached to the existing
non-residential building by means only of a tunnel, bridge, canopy,
corridor or other passageway, or through a shared below grade
connection such as a service tunnel, foundation, footing or a parking
facility.
14. The following categories of uses are hereby designated as being fully or
partially exempt from the payment of development charges:
a) Buildings or structures to be used as hospitals as governed by the Public
Hospitals AC, R.S.O., 1990;
b) For the first 500 sq. m. of new non-residential buildings/structures, the
charge shall be calculated on the basis of 50% of the rate set out in
Schedule "B"; and
c) Green Energy developments with a nameplate generating capacity of less
than 500kW.
15. A50% reduction in the calculated Development Charge shall be applied for
agricultural uses;
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16. The Development Charge payable for Rental Housing developments will be
reduced based on the number of bedrooms in each unit as follows:
a) Three or more bedrooms -- 25% reduction;
b) Two bedrooms -- 20% reduction; and
c) All other bedroom quantities -- 15% reduction.
17. The Development Charge calculated pursuant to Sections 7, 8, 11, 12, 13, 14,
15, and 16, shall be further reduced by 50% if the development occurs within
the designated villages or hamlets of Chaffey's Lock, Chantry, Crosby, Delta,
Elgin, Forfar, Harlem, Jones Falls, Lombardy, Morton, Newboro, Newboyne,
Phillipsville, Plum Hollow, Portland and Rideau Ferry, as set out in Schedule
"C" to this By-law (Township of Rideau Lakes Official Plan schedules A2, A4,
and Ad).
SPECIAL PROVISIONS
18. Development Charges are hereby imposed upon all lands that are developed
for residential, non-residential uses, in accordance with Sections 7 and 8
respectively above insofar as;
a) the growth-related net capital costs are attributable development; and
b) Where two or more of the actions described in Section 6 (b) are applicable
only one Development Charge shall be calculated and collected in
accordance with the provisions of this By-law.
c) Notwithstanding Subsection (b), if two or more of the actions described in
Section 6 (b) occur at difference times, and if the subsequent action has
the effect of increasing the need for municipal services as designated in
Schedule "A", an additional Development Charge on the additional
residential units and/or non-residential gross floor area shall be calculated
and collected in accordance with the provision of this By-law.
TIMING AND CALCULATION OF PAYMENT
19. The Development Charge shall be calculated as of, and shall be payable on.
a) The date a building permit is issued in relation to a building or structure on
land to which the Development Charge applies, less any amount paid
pursuant to Section 20 after the enactment of this By-law.
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b) Notwithstanding Subsection 19 (a), development charges for rental
housing and institutional developments are due and payable in 6 equal
installments commencing with the first installment payable on the date of
occupancy, and each subsequent installment, including interest, payable
on the anniversary date each year thereafter.
c) Notwithstanding Sections 19 (a) and 19 (b), where the development of
land results from the approval of a Site Plan or Zoning By-law Amendment
application received on or after January 1, 2020, and the approval of the
application occurred within the prescribed amount of time of building
permit issuance, the Development Charges under Section 19 (a) and 19
(b) shall be calculated based on the rates set out in Schedule "B" on the
date the planning application was made, including interest. Where both
planning applications apply, Development Charges under Section 19 (a)
shall be calculated on the rates, set out in Schedule "B" on the date the
later planning application was made, including interest.
d) Interest for the purposes of Subsections 19 (b) and 19 (c) shall be
determined as the base rate plus 1 %, where:
i. The base rate shall be equal to the average prime rate on:
1. October 15 of the previous year, if the adjustment date is
January 1,
2. January 15 of the same year, if the adjustment date is April
4,
3. April 15 of the same year, if the adjustment date is July 1,
and
4. July 15 of the same year, if the adjustment date is October 1.
ii. The average prime rate, on a particular date means, the mean,
rounded to the nearest hundredth of a percentage point, of the
annual rates of interest announced by each of the Royal Bank of
Canada, The Bank of Nova Scotia, the Canadian Imperial Bank of
Commerce, the Bank of Montreal and The Toronto-Dominion Bank
to be its prime or reference rate of interest in effect on that date for
determining interest rates on Canadian dollar commercial loans by
that bank in Canada.
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e) Notwithstanding the Sections 19 (c) and 19 (d), the total charge payable
under Section 19 (c), shall not be greater than the charge that would
otherwise be payable under Section 19 (a).
20. Notwithstanding Section 19 above, an Owner and the Municipality may enter
into an agreement:
a) providing for the payment of a Development Charge before or otherwise
required;
b) providing for payment of all or any portion of the Development Charge on
dates later than the issuing of a building; or
c) whereby an owner provides services in lieu of the payment of all or any
portion of a Development Charge.
DEMOLITION CREDIT
21. Where there is a redevelopment, conversion, demolition, or change of use of a
building or structure or part thereof, the Development Charges payable by the
new or proposed development shall be credited by the amount to which the
previous use of the building or structure was subject to Development Charges
at the time this By-law was passed
a) With respect to a residential building or structure or the residential portion
of a mixed-use building or structure that has been demolished or
converted, the credit shall by calculated by multiplying the number of
dwelling units demolished or converted within five years of the date of
building permit application by the Development Charge for the relevant
demolished units in accordance with Schedule "B" of this By-law.
b) With respect to a non-residential building or structure or the non-
residential portion of a mixed-use building or structure that has been
demolished or converted, the credit shall by calculated by multiplying the
Gross Floor Area of that portion of the building demolished or converted
within five years of the date of building permit application by the
Development Charge for the relevant demolished units in accordance with
Schedule "B" of this By-law. No credit shall be given with respect to the
redevelopment, conversion, demolition, or change of use of an existing
park model trailer that was created after October 7, 2019 and for which
development charges were not paid.
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c) The credit with respect to a redevelopment, conversion, demolition, or
change of use of a building or structure or part thereof shall not exceed
the amount of the Development Charges payable with respect to new or
proposed development.
d) No credit shall be given with respect to the redevelopment, conversions,
demolition, or change of use of a building or structure or part thereof
where the existing building or structure or part thereof would have been
exempt from Development Charges in accordance with this By-law.
PAYMENT BY MONEY OR THE PROVISION OF SERVICES:
22. Payment of Development Charges to the Municipality shall be by;
a) cash or as permitted by the normal standards of the Development
Services Department
23. Inthe alternative to payment by the means provided in Subsection 22 (a), the
Municipality may, by an agreement entered into with the owner, accept the
provision of services in full or partial satisfaction of the Development Charge
otherwise payable.
BUILDING PERMIT ISSUANCE:
24. Where Development Charges apply to land in relation to which a building
permit is required, unless an agreement is entered into pursuant to Section 23
above, the building permit shall not be issued until the Development Charge
has been paid in full.
DEVELOPMENT CHARGE RESERVE FUNDS:
25. All payments received by the Municipality pursuant to this By-law, including
income on investments of the reserve funds, shall be apportioned among the
reserve funds in accordance with Schedule "B" and paid into the respective
reserves.
WITHDRAWL FROM RESERVE FUNDS:
26. That no monies be withdrawn from the said Reserve Funds except:
a) refunds, including interest, if applicable, as hereinafter set out, and
b) to meet growth related net capital costs for which the Development
Charge was imposed, as set out in the Municipality's Development
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Charges Background Study, subject to any modifications to project
definition, budget priority and phasing, as may occur as part of the
Municipality's annual Capital Budget process, or amendments to this By-
law. Council may withdraw funds from the Municipal Services Reserve
Fund based on project definition, budget priority and phasing as aforesaid.
ANNUAL STATEMENTS RE RESERVE FUNDS
27. That the Treasurer provides an Annual Statement to Council on or before May
31 of each year for the preceding calendar year for each Development
Charge reserve fund.
REFUNDS:
28. Notwithstanding the foregoing, if a Development Charge is paid at the time a
building permit is issued and no building proceeds pursuant to the said permit
and the building permit has expired, the registered owner may apply to the
Treasurer of the Municipality for a refund of the Development Charge paid at
the time the building permit was issued within one year of payment to the
Municipality provided the building permit is surrendered with the said refund
application, if not already surrendered.
Where this By-law or any Development Charge prescribed under this By-law is
amended or repealed by order of the Ontario Land Tribunal, the Treasurer
shall forthwith calculate and refund the amount of any overpayment as a result
of such amendment or repeal.
Upon issuing a refund, the Municipality will retain an administrative fee of
$150.00 per building application.
29. Refunds that are required to be paid under Section 25 shall be paid with
interest to be calculated from the date on which the overpayment was
collected to the date on which the refund is paid. The interest rate shall be the
Bank of Canada rate on the day the by-law comes into force, updated on the
first business day of every January, April, July and October.
FULL FORCE AND EFFECT
30. This By-law, known as the "Development Charges By-law, 2024", shall come
into force and effect on October 7, 2024.
31. This By-law shall continue in force and effect until ten years from the date of
adoption by Council, unless it is repealed at an earlier date.
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That this By-Law be read a first and second time this 7" day of October, 2024.
ie Hoo oqm Mary Ellen Truelove
Mayor Clerk
Read a third tenie and fipally passed this Ts day of ( rcb\pey , 2024.
UNE arora
1€ Hoggenbopm Mary Ellen Truelove
Mayor Clerk
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Schedule "A" to By-law 2024-105
Designated Service Categories for which Development Charges are imposed
1. Roads and Related
2. Fire Services
3. Waste Diversion Services
4. Parks and Recreation Services
5. Library Services
6. Growth-related Studies
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