re hagpotin Sting, Rete Where the subdivision or development takes place on any lands within the boundaries of the area outiined on Map No. 3, the following development cost charges shall apply and be paid in respect of residential uses and residential lands: . (a) at the time of issuance of a building permit a development cost charge in an amount determined by multiplying $223.00 by the number of new dwelling units authorized to be constructed by the building permit; or eS at the time of approval of subdivision a development cost charge in an amount determined by multiplying $223.00 by the maximum potential number of dwelling units permitted by the applicable zoning regulations on each lot created by the subdivision. For the purpose of this Schedule: residentia} lands means al! ltands having a short form zone designation pursuant to The City of Port Coquitlam Zoning Bylaw No. 2240 beginning with the prefixes "RS", "RT", or "RM"; commercial lands means ai! lands having a short form zone designation pursuant to The City of Port Coquitlam Zoning Bylaw No. 2240 beginning with the prefixes "C, "CS", or "PN"; industrial lands mean all lands having a short form zone designation pursuant to The City of Port Coquitiam Zoning Bylaw No. 2240 beginning with the prefix "M",