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HomeMy WebLinkAbout89-135 .~ DN: DEV/CH ",:0"$, . . -;1- v~.f' ~ THE CORPORATION OF THE TONN OF N!.WCASTLE BY-LAW NUMBER 89-, ..14&., being a ~-law to establish the scale of development charges for the TOwn of Newcastle. WHEREAS the Council of the Corporation of the TOwn of Newcastle has established its schedule of development charges; AND WHEREAS as the TOwn of Newcastle deems it advisable to update its schedule to provide for an interim adjustment of the development charges based on increases in the Southam Construction Index. NCM THEREFORE, the Council of the Corporation of the TOwn of Newcastle enacts as follows: 1. By-law 88-149 is hereby repealed. 2. The following development charge levies shall be payable to the TOwn of Newcastle for all residential development or redevelopment through Plans of Subdivision and Condominium, Consent and Rezoning: P,e,r....~ Charge Courtice, Bowmanville & Newcastle Village Urban, Ar,eaa, ; " , ' Remaining Areas .' 'I' \ Single detached, linked Semi-detached $ 2,974.00 $ 2,894.00 TOwnhouses $ 2,730.00 $ 1,126.00 $ 2,656.00 $ 1,095.00 Apartments - Bachelor & One Bedroom Two Bedroom &Up $ 2,113.00 $ 2,056.00 3. All development charge levy collected pursuant to the provisions of this ~-law shall be paid into the reserve funds in accordance with the following proportionment: Community Services 38.3 % Public Works 45.5 % Civic Administration & Museum 5.6 % Fire Protection 6.0 % Libraries 4.6 % ~ .. -, '~_.,r~'/:f f~_.~ - 2 - 4. This by-law shall take effect on the date of passing hereof. BY-LAW read a first time this 24th day of July BY-LAW read a second time this 24th day of July 1989 1989 BY-LAN read a third time and finally passed this 24th July 1989. day of ~ mil