THE CORPORATION OF THE CITY OF PORT COOQULTLAM boos ag Laat HI BY-LAW NO. 1736 Ly | } Li ir j' ‘, A By-law to impose Development Cost Charges for Drainage Facilities pw an, FEB 4 4939 requirements in Specified Areas. WHEREAS pursuant to Section 702C of the Municipal Act the counca1 MAR 2 4 1989 may, by By-law, impose development cost charges under che terms and conditions ef the Section; AND WHEREAS development cost charges may be imposed for the purpose of providing funds to assist the City in paying the capital cost of providing, altering, or expanding drainage facilities in order to serve, directly or indirectly, the development in respect of which the charges are imposed; AND WHEREAS no development cost charge shall be required to be paid (a) a development cost charge has previously been paid with respect to the same development, unless as a result of a further subdivision or development, new capital cost burdens will be imposed on the City; or (b) where the subdivision or development does not impose new $ 7 i a capital cost burdens on the City; AND WHEREAS in the censideration of Council the. charges imposed : by this By-law: (a) are not excessive in relation ro the capital cost of prevailing standards of service in the City; (b) will not deter development in the City; (c) will not discourage the construction of reasonably priced housing or the provisson of reasonably priced serviced land; BAY RUIN rau tena oy teen estan oe are not cuplication of requirements imposed by the Cicy on pursuant to land use concracc, development permits or the provisions of a subdivision control By-law, or Section 711 of the Municipal Act. be St tases FL S-7- #4 pe th oiWves FINAL READING ARSE 2 Satine soe a tata PRAT ta 2 tee: