Year
2004
Number
B63
Sponsor(s)
Vernon
WHEREAS current legislation requires payment of development costs charges at the time of subdivision approval or building permit issuance, which can be a financial burden upon developers as there are significant up-front costs for new developments; AND WHEREAS if development costs charges can be made later in the development process, such as at the time of land sale, it can reduce the front-end development costs and encourage new growth: THEREFORE BE IT RESOLVED that the provincial government consider alternate ways for a municipality to collect development cost charges.
Convention Decision
Not Endorsed