Title
PRESENTATION CONCERNING THE DEVELOPMENT CHARGES STUDY, COMMUNITY BENEFITS CHARGES STRATEGY, PARKLAND DEDICATION / CASH-IN-LIEU AND RELATED BY-LAWS
Jackie Hall, Hemson Consulting Ltd. provided a presentation regarding the Development Charges Study, Community Benefits Charges Strategy, and Parkland Dedication / Cash-in-lieu and related by-laws.
Ms. Hall discussed slides concerning the following topics:
* A summary of the multi-study process being used to complete the Development Charge Background Study and By-law, the Community Benefits Charges Background Study and By-law, and the Parkland Dedication By-law;
* An overview of what Development Charges are and how they are applied;
* An overview of the new framework for growth-related capital;
* The changes resulting from Bill 23, the More Homes Built Faster Act and its impacts on how Development Charges, Community Benefits Charges, and Parkland Dedication rates are determined and collected;
* A schematic illustrating the Development Charges Study process;
* A summary of the development forecast assumptions being used by the City to inform the studies;
* A pie chart illustrating the areas Development Charges are used fund, including water, wastewater, long-term care, and library services;
* A summary of the key decision points Council will consider, including area rating, holding a public meeting, and various implementation options;
* An overview of the Community Benefit Charges tool available to municipalities and the areas it can be used to fund, including parking, studies, parkland, and active transportation initiatives;
* A schematic illustrating the Community Benefit Charges Strategy process;
* The requirements of implementing and administering a Community Benefit Charges By-law;
* An overview of the Parkland Dedication tool available to municipalities and a summary of the City's Interim Parkland Dedication By-law; and
* A summary of the study objectives achieved to date and the next steps and associate...
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