THE CORPORATION OF THE CITY OF PORT COQUITLAM BYLAW NO. 2175 . : ae A Bylaw to impose Development Cost % dé. Charges under the provisions of Section 983 of the Municipal Act. APR 2 1 1986 WHEREAS pursuant to Section 983(2) of the Municipal Act the Council may, by bylaw, impose development cost charges under the Terms and conditions of Sections 983 and 984: AND WHEREAS the development cost charges may be imposed for the purpose of providing funds for the municipality to pay the capita! cost of providing, altering, or expanding highway facilities in order to serve, directly or indirectly, the development in respect of which the charges are imposed: AND WHEREAS in fixing development cost charges imposed by this bylaw the local government has taken into consideration future land use patterns and development, the phasing of works and services and the provision of parkland described in an otticial comnunity plan and whether the charges: os (a) are excessive in relation to the capital cost of prevailing standards or service in the municipality; (b) will deter development in the municipality; (c) will discourage the construction of reasonably priced housing or the provision of reasonably priced serviced tand in the municipality or regiona! district. AND WHEREAS in the opinion of the Board the charges imposed by this bylaw are related to capita! costs attributable to projects involved in the capital expenditure program of the municipality; NOW THEREFORE the Municipal‘ Council of the The Corporation of tine City of Port Coquitlam, in open meeting assembled, enacts as follows: Every person who obtains: (a) approval of the subdivision of a parcel of fand under the Land Title Act or the Condominium Act, or (b) a building permit authorizing the construction or alteration of buildings or structures for a purpose other than the construction of three (3) or less setf-contained dwelling units, or a building permit authorizing construction, alteration, or extension of a bullding or structure, other than a buliding or portion of it used for residential purposes, where the value of the work exceeds Fifty Thousand Dotlars ($50,000) or another amount that the Minister may prescribe shall pay at the tima of the approval of the subdivision or the Issue of the building permit, as the case may be, to the municipality the appiicable development cost charges as set out in Schedule "A" hereto. 2175 1 FIRST THREE READINGS 49