THE GORPORATION OF ‘THE CITY OF PoRT CORUET Me k BY-LAW NO, 1657 f 0 [ \ MAY 28

A By-law to impose Deve lopment Cost Charges for Water Distributlon 197 and Trunk Main requirements in Specified Areas.

WHEREAS pursuant to Secticn 702C of the Municipal Act the Council may, by By-law, impose development cost charges under the terms and condi- tions of the Section;

AND WHEREAS development cost charges may be imposed for the Purpose of providing funds to assist the City of paying the capital cost of providing, altering, or expanding water 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 4£ (a) a development cost charge has previously been paid with respect to the same development, new capital cost burdens will be imposed on the City, or (b) where the subdivision or development does not impose new capital cost burdens on the City; |

AND WHEREAS in the consideration of Council the charges imposed by this By-law:

(a) are not excessive in relation to the capital cost of prevailing

standards of service in the City;

(b) will not deter development in the Clty;

(c) will not discourage the construction of reasonably priced housing or the provision of reasonably priced serviced land; are not duplication of requirements imposed by the City pursuant to land use contract, development permits or the provisions of a subdivision control by-law, or Section 711 of the Municipal Act. °

AND WHEREAS in the opinion of Council the charges imposed by this By-law are related to capital costs attributable to projects involved in the capital budget of the City.

NOW THEREFORE the Municipal Council of The Corporation of the City of Port Coquitiam in open meeting assembled, enacts as follows:

1. Every person who obtains:

(a) approval of the subdivision of a parcel of land under the.

NorE: Land Registry Act or the Strata Titles Act for any purpose

Availa ble for other than the creation of three (3) or lesa Jota to pro- Fiar Readlia¢. City Coen

vide sitea for a total of theee (3) or lesa selfcontalned

dwelling units, or