Date: November 14, 2011
Administration, in consultation with internal and external stakeholders, has developed an approach to determining charges for redeveloping communities. The purpose of development charges is to fund additional infrastructure that becomes necessary as a result of intensification and population growth. This report provides background information and a detailed methodology for determining redevelopment charges.
AMENDMENT, Moved by Alderman J. Mar, Seconded by Alderman J. Stevenson, that Recommendation 1 contained in Report LPT2011-87 be amended as follows:
• by deleting the word "charges", following the words "as a basis for calculating" and by substituting the words "the charges related to the cost of growth-related infrastructure"; and
• in Recommendation 2 by adding the words "including any legal and planning implications." following the words “with proposed redevelopment charge rates,”.
ADOPT, AS AMENDED, Moved by Alderman A. Chabot, Seconded by Alderman D. Hodges, that the SPC on Land Use, Planning and Transportation Recommendations contained in Report LPT2011-87 be adopted, as amended, as follows:
That the SPC on Land Use, Planning and Transportation recommends that Council:
1. Approve in principle the recommended methodology as a basis for calculating the charges related to the cost of growth-related infrastructure for redeveloping communities as summarized in Attachment 1; and
2. Direct Administration to provide an interim report to the SPC on Land Use, Planning and Transportation no later than 2012 January with proposed redevelopment charge rates, including any legal and planning implications.