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HomeMy WebLinkAboutPD-19-85 4 CORPORATION OF THE TOWN OF NEWCASTLE PLANNING AND DEVELOPMENT DEPARTMENT T.T.EDWARDS,M.C.I.P.,Director HAMPTON,ONTARIO LOB 1JO TEL.(416)263.2231 REPORT TO THE SPECIAL COUNCIL MEETING OF MARCH 4, 1985 REPORT NO. : PD-19-85 SUBJECT: APPEAL TO ZONING BY-LAW 84-63 APPLICATION FOR REZONING - E. POLLARD PART LOTS 29/30, CONC. 3, DARLINGTON OUR FILES: DEV 83-22 and Pln 4.1 RECOMMENDATION: It is respectfully recommended: 1 . That Report PD-19-85 be received; and 2. That the following resolution be adopted: "NOW WHEREAS it is the desire of the Corporation of the Town of Newcastle to support all reasonable measures to avoid harming the Second Marsh; AND WHEREAS the Second Marsh Defence Association has expressed its interest in working with the Town to ensure that the Second Marsh will be adequately protected from development impacts; AND WHEREAS the Town, in co-operation with the Second Marsh Defence Association and the Canadian Environmental Law Association has refined its standard Site Plan Agreement to incorporate provisions intended to protect the Second Marsh; . . .2 i i i REPORT NO. : PD-19-85 Page 2 NOW THEREFORE BE IT RESOLVED that the Staff of the Corporation of the Town of Newcastle are hereby directed to incorporate within future Site Plan Agreements, for lands which are tributary to the Black, Farewell and Harmony Creeks, those specific provisions identified by the Second Marsh Defence Association and the Canadian Environmental Law Association which have been included within the standard form of Agreement, as may be applicable to each particular Development application." BACKGROUND AND COMMENTS: As Council is aware, among the appeals received in respect of By-law 84-63, the Town of Newcastle Comprehensive Zoning By-law, was one submitted by the Canadian Environmental Law Association on behalf of the Second Marsh Defence Association. This appeal was in respect of an application for rezoning submitted by Mr. E. Pollard for Part of Lots 29 and 30, Concession 3, Darlington and identified a number of concerns with respect to the proposed development. Since that date Staff have met, on a number of occasions, with representatives of both parties in an effort to resolve these concerns and possibly avoid the need for an Ontario Municipal Board Hearing in respect of this matter. To this end, Staff have proposed a number of amendments to the Pollard Development Agreement. These changes are acceptable to all parties and we have been advised by the Canadian Environmental Law Association that their client is willing to withdraw his appeal if assured that the Town will continue to express concern for the protection of the Second Marsh through efforts to include these specific provisions in future Development Agreements that might affect the Marsh. . . .3 i REPORT NO. : PD-19-85 Page 3 * Attached herewith is a copy of the Pollard Site Plan Agreement which incorporates the various revisions requested by the Canadian Environmental Law Association and the Second Marsh Defence Association. These changes are highlighted for the benefit of Council . Staff feel that it would be most appropriate for the Town to continue to incorporate such provisions in Development Agreements for lands which are tributary to the Black, Farewell and Harmony Creek system, and by resolution, to reaffirm this commitment and the Town 's desire to mitigate, to the best of our ability, any potential for impact upon the Second Marsh. This intent is expressed through Recommendation No. 2 of this Report and if Council concurs with same, it would be appropriate to adopt the resolution and to advise the Canadian Environmental Law Association of our position. I have been advised by Mr. Murray Klippenstein of the Canadian Environmental Law Association that adoption of these measures by the Town of Newcastle would satisfy his client and that they would forthwith provide us with an Irrevocable Letter of Withdrawal in respect of their appeal . Respectf ubmitted, T.T. Edwards, M.C.I.P. Director of Planning TTE*j i p February 28, 1985 *Attach. i i DEVELOPMENT AGREEMENT MADE (in quintuplicate) this day of 198 B E T W E E N: 563186 ONTARIO LIMITED hereinafter called the 'OWNER" OF THE FIRST PART - and THE CORPORATION OF THE TOWN OF NEWCASTLE, hereinafter called the "TOWN" OF THE SECOND PART WHEREAS the lands affected by this agreement, are described in Schedule "A hereto and are hereinafter referred to as the "said lands"; AND WHEREAS it is the intention of the parties hereto that the buildings .to be constructed on the said lands will be used for rental purposes and that no application will be made for the registration of the said lands under the provisions of the Condominium Act; AND WHEREAS the Owner has represented to the Town that the said lands are registered in the name of 563186 Ontario Limited as stated in the Affidavit of Ownership, attached to this agreement as Schedule "B"; AND WHEREAS the Owner proposes to erect an Apartment Complex on the said lands; and has requested the Town to approve the said development pursuant to the provisions of By-law 79-151 ; AND WHEREAS the Town has resolved to approve the said development pursuant to the said By-law 79-151, provided that the Owner enter into this Agreement with the Town; AND WHEREAS the Owner warrants that it has entered, or will enter into an Agreement with the Regional Municipality of Durham, for the provision of services from Nash Road and with the approval of the Director of Public Works of the Town of Newcastle. NOW THEREFORE, in consideration of the mutual agreements and covenants hereinafter contained, the parties hereto agree as follows: I 2 - 1. Annexed hereto and marked as Schedule "C" are plans and drawing showing the size, location, elevation and exterior architectural design of the buildings which the Owner proposes to erect on the "said lands". For the purposes of identification, Schedule "C" consists of the following: C-1 Site Plan C-2 landscape Plan incuding tree preservation plan C-3 Grading and Drainage Plans C-4 Building A - Elevations C-5 Building A - Building Sections C-6 Building B - Elevations C-7 Building B - Building Sections C-8 Building C - Elevations C-9 Building C - Building Sections C-10 Building D - Elevations C-11 Building D - Building Sections C-12 Building E - Elevations C-13 Building E - Building Sections C-14 Building F - Elevations C-15 Building F - Building Sections Schedule "C-1" to "C-7" inclusive shall be approved by the Director of Planning and the Director of Public Works prior to commencement of any works and Schedule "C-8" to "C-15" inclusive shall be approved by the Director of Planning and the Chief Building Official prior to issuance of building permits for said buildings. 2.(a) The Owner agrees that no buildings or structures, other than the buildings shown on Schedule "C" shall be erected on the "said lands" and further, that in the construction of such buildings the Owner will comply with the elevations, exterior architectural design, the location of the buildings on the lot and all other matters relating to the buildings shown on Schedule "C", unless otherwise approved by the Director of Planning and the Director of Public Works. (b) The Owner further agrees that no mechanical equipment such as air conditioners or ventalators, shall protrude from the roof or any other portion of any building unless the design and location thereof, including screening of such equipment from public view, is approved by the Director of Planning. (c) Notwithstanding anything hereinbefore contained it is understood and agreed that the Director of Planning and the Director - 3 - of Public Works of the Town shall jointly have full power and authority to approve minor changes to any of the matters referred to in the said Schedule "C" provided that such changes relate to minor alterations of any one or more of the following, namely, elevations of buildings and other structures, changes in landscaping material, including size, type and spacing of trees or shrubbery, curbing details, lighting details, and sign details. 3. PARKING AND LOADING (a) The Owner agrees to provide and maintain off-street parking and driveway access in accordance with Schedule "C" and to do so in accordance with specifications to be approved by the Director of Public Works which shall include a surfacing of parking areas with concrete or bituminious asphalt. No parking of vehicles shall be permitted on access or driveway areas which shall be signed and maintained as fire access routes to the satisfaction of the Fire Chief. (b) The Owner further agrees that there shall be no driveway or walkway exits or entrances to the said lands except as shown in the said Schedule "C". 4. GARBAGE AND WASTE (a) The Owner agrees to provide and maintain enclosed garbage and waste storage facilities as may be required by the Town for the storage of garbage and other waste materials from the buildings on the said lands, in accordance with plans and specifications to be approved by the Directors of Planning and Public Works and the Fire Chief and as shown on Schedule "C" hereto. (b) The Owner further agrees to remove garbage and other waste materials as often as may be required by the Director of Public Works and the Fire Chief. 5. SNOW REMOVAL (a) The Owner agrees to remove snow from and sand, if necessary, all access ramps, driveways, parking areas, loading areas and walkways within twelve hours of the cessation of any fall of snow. (b) The Owner further agrees not to use de-icing compounds on any I of the parking or driveway areas shown on Schedule "C", in order to limit the entry of pollutants into the storm drainage system. I i - 4 - 6. GRADING AND DRAINAGE (a) The Owner agrees to undertake the grading of and provide for at his cost the disposal of storm, surface and waste water from the "said lands" and from any buildings or structures thereon in accordance with plans and specifications to be approved by the Director of Public Works and annexed to this agreement as a portion of Schedule "C". (b) Prior to commencement of construction, the Owner agrees to undertake or cause to be undertaken the following measures for sedimentation control. i) Snow Fencing shall be erected and maintained in the locations shown on Schedule during a phases of construction to prevent access to or istur a— nice of the valley land areas. ii) Construct and maintain straw bale dams around all inlets to t e Strom sewer system in accordance with plans and specifications to be approved by the Director of Public Works. -- iii) Construct sandbag check dams downstream of all storm sewer outlets and maintain Such sandbag check dams until all areas within the site have been revegetated and the storm water detention facilities" are fully operational . (c) The Owner shall complete all grading and installation of all drainage facilities, including catch basins and storm water detention ponds, in accordance with the said plans as approved and to the satisfaction of the Director of Public Works in accordance with the following "Schedule of Construction": SCHEDULE OF CONSTRUCTION STORM WATER MANAGEMENT FACILITIES Facility To be Constructed Before Temporary dam and siltation Prior to issuance of building pond in future location of permit for Phase I Building A permanent dam o�r Pond Complete storm water Upon completion of sanitary sewer management Pond 31 construction in the vicinity of Pond #1 or upon paving of an �arking surfaces within Phase I or y August 3 , wh chever occurs earlier. Complete storm water Ueon commencement of construction management Pond #2 of Phase wilding G. ,Complete storm water Upon commencement of construction management Pond #3 of Phase Bu 1 �ng E or F. I I i - 5 - (d) The Owner agrees, at all times, to maintain in good condition and repair all buildings and works shown on Schedule "C" and more particularly shall maintain in a condition satisfactory to the Town the aforementioned drainage facilities other than those mentioned in Section 6(b) which shall be maintained in a condition satisfactory to the Town during the construction period for any of the works and all of the various items of landscaping including, without limiting the foregoing, the cutting of grass on all sodded areas. 7. ILLUMINATION The Owner agrees to provide illumination of the "said lands" and buildings in accordance with plans and specifications to be approved by the Director of Public Works and Director of Planning and to refrain from erecting or using any form of illumination which in the opinion of the Town would cause any traffic hazard or would cause a disturbance to residential uses adjacent to the "said lands". Furthermore, the owner acknowledges that illumination will be provided at the driveway entrance to the "said lands". 8. FENCING AND LANDSCAPING (a) The Owner agrees to erect and maintain fences and plant and maintain, trees, shrubs or other suitable ground cover in accordance with plans and specifications to be approved by the Director of Public Works and the Director of Planning to provide adequate landscaping of the "said lands" and protection to adjoining lands. (b) The Owner further covenants and agrees to undertake progressive re-vegetation and landscaping, and all other items as shown on the said Schedule "C", as soon as practical, and in a manner satisfactory to the Director of Public Works and the Director of Planning with final completion to be within six (6) months of the completion of the buildings shown on Schedule "C". (c) The Owner further agrees to use minimum amounts and proper application of chemical pesticides or fertilizers on any of the said lands in order to limit the entry of pollutants into the storm drainage system and that such application shall only be carried out by qualified and licensed individuals and after prior consultation with the Town. 9. WALKWAYS The Owner agrees to construct and maintain pedestrian access to the buildings in accordance with Schedule "C". 10. APPROVAL OF PLANS AND SPECIFICATIONS The Owner agrees that the issuance of any authorization to commence works in respect of the "said lands" shall be prohibited - 6 - until all plans and specifications required for the particular phase of the development contemplated, pursuant to this Agreement, have been approved by the Town. The Owner further agrees that the issuance of any building permit in respect of the "said lands" shall be prohibited until all plans and specifications required for the particular phase of the development contemplated, pursuant to this Agreement, have been approved by the Town and the required grading and drainage facilities have been installed to the satisfaction of the Director of Public Works. If the Owner wishes to construct and install the works in phases, the Owner shall, prior to the issuance of any authorization to commence work, prepare for the approval of the Directors of Planning and Public Works, a plan hereinafter called the Phasing Plan which will divide the proposal into phases for the construction, installation and maintenance of the proposed works. The Owner shall not proceed with any such works until the Phasing Plan has been approved by the Directors of Planning and Public Works and shall proceed only in accordance with such approved Phasing Plan, except as it may be subsequently amended with the approval of the Directors of Planning and Public Works. 11. REGISTRATION AND ENFORCEMENT The Owner agrees that the Town may register this Agreement against the title to the "said lands" and that the Town may enforce the provisions of this Agreement against the Owner of the "said lands" and subject to the provisions of the Registry Act and the Land Titles Act, as amended, against any and all subsequent owners of the said lands". The Owner further agrees to reimburse the Town for all reasonable legal fees associated with undertaking the registration of this agreement. 12. APPROVAL OF COST ESTIMATES The Owner agrees that, prior to the issuance of any building permit for any building identified on Schedule "C" hereto, the estimated cost of construction and installation of any external works required by this Agreement and the internal storm drainage works, hereinafter called the "Works Cost Estimate" shall be approved by the Director of Public Works and annexed to this Agreement as Schedule D" The said approved "Works Cost Estimate" shall be deemed to have been included in this Agreement at the date of its original execution, whether or not it was, in fact, so included and whether or not it is, in fact, entered in Schedule "D" hereto. 7 _ 13. PERFORMANCE GUARANTEE REQUIRED (i) Prior to the issuance of any authorization to commence work, the Owner shall provide the Town with a "Performance Guarantee", in the form of cash or an irrevocable letter of credit issued by a chartered Canadian Bank in an amount equal to the "Works Cost Estimate". The "Performance Guarantee" may be used by the Town as set out in clause 14 in the event that the Owner fails to satisfactorily meet the requirements of this agreement in respect of the provision of the specified works and facilities. (ii) All submissions made under clause (i) above, shall be approved by the Treasurer of the Town. 14. USE OF PERFORMANCE GUARANTEE (a) The Owner agrees that the Town may, at any time, authorize the use of all or part of any Performance Guarantee if the Owner fails to pay any costs payable by the Owner or construct any works required by the Town under this Agreement. (b) The Town agrees to provide the Owner with thirty (30) days prior notice of its intention to use all or part of any "Performance Guarantee" if the Owner fails to pay costs payable to the Town or construct any works required by the Town under this Agreement. (c) The Owner agrees that the Town shall not be obliged to release to the Owner the unused portion of any Performance Guarantee until: i) A Certificate of Completion has been issued by the Owner's Engineer for the Works for which the Performance Guarantee was required-, an ii) the Owner has deposited, with the Town, a Maintenance Guarantee applying to those Works for which the Performance Guarantee was required; and iii) the Town is satisfied that in respect of the construction and installation of the Works for which such Performance Guarantee was required that there are no outstanding claims relating to such Works. 15. MAINTENANCE GUARANTEE REQUIRED (a) In order to guarantee that any defects in the Works, which become apparent after the issuance of a Certificate of Completion for such Works, will be properly repaired or replaced and that the Works are operating at a performance level required by the Town, the Owner shall, prior to the release of the Performance Guarantee, provide the Town with a Maintenance Guarantee. Such Maintenance Guarantee shall be in the form of cash or an Irrevocable letter of Credit issued by a - a - chartered Canadian Bank in an amount equal to ten percent (10%) of the estimated cost of the Works Cost Estimate. The Maintenance Guarantee may be used by the Town as set out in Clause 16 in the event that the Owner fails to- satisfactorily meet the requirements of this Agreement in respect of the maintenance of the specified works and facilities. The Maintenance Guarantee shall guarantee the Works for a period of one year from the issuance of verification, by the Owner's Engineer, that all works have been completed in accordance with the approved plans and specifications, and that all accounts relating thereto have been paid. (b) All submissions made under Clause (a) above shall be approved by the Treasurer of the Town. 16. USE OF MAINTENANCE GUARANTEE (a) The Owner agrees that the Town may, at any time, authorize the use of all or part of any Maintenance Guarantee if the Owner fails to maintain any of the Works covered by the Maintenance Guarantee. (b) The Town agrees to provide the Owner with thirty (30) days prior notice of its intention to use all or part of any Maintenance Guarantee if the Owner fails to maintain any of the Works covered by the Maintenance Guarantee. (c) The Owner agrees that the Town shall not be obliged to release to the Owner the unused portion of any Maintenance Guarantee until: (i) the Works covered by the Maintenance Guarantee have been inspected by the Owner's Engineer an approve (ii) the Town is satisfied that in respect to the maintenance of all of the works for which such Maintenance Guarantee was required, there are no outstanding claims re ating to such works. (d) The Town shall release to the Owner the unused portion of any Maintenance Guarantee upon fulfillment of Clause (c) above. 17. OWNER'S ENGINEER (a) The Owner agrees to employ an Engineer qualified and experienced in the environmental field to carry out the design of the various environmental safeguards and to supervise their construction, operation, and maintenance to ensure that the performance levels proposed for all works are achieved during the Construction and Maintenance Guarantee periods. Included in the supervision shall be monthly inspections of the fencing, various sedimentation and run-off control measures, drainage facilities and landscaping measures during the construction period. Certification of these inspections shall be provided to the Town by the Owner's Engineer. During the Maintenance Guarantee period, inspections and certification of same will be provided quarterly by the Owner's Engineer. - 9 - (b) The Owner hereby agrees to retain an Architect and/or Professional Engineer for the design and general review of all proposed apartment buildings in accordance with the Requirements of Section 2.5 of the Ontario Building Code, as amended, and as required under the authority provided by Section 110)(a) of the Ontario Building Code Act, as amended. 18. WATER TABLE MONITORING (a) The Owner agrees prior to the commencement of any works upon the lands to cause to be carried out, at his expense, a ground water monitoring program around the perimeter of the site. The number, location, and frequency of observation of the piezometric observation wells shall be recommended by a hydrogeologist and approved by the iDirector of Public Works. (b) The Owner agrees to undertake separate reports, to the satisfaction of the Director of Public Works, for each and every occurrence of apparent well interference caused by construction activity within the said lands and reported to the Town. (c) The Owner agrees to, if the well or private water supply of any person outside the Plan is interfered with or dewatered as a result of the construction or installation of the Works: (i) where the interference to a well or private water supply is short erm duration i.e. urtng the course of ewa er,ng an excava ,on and within one month of the comp e ton o ewa ring) make available to the affected y supp y o water a no cos o e ' affected party; or (ii) where the interference to a well or private water su 1 . is of a long term duration, at the option of the Owner and at 1115 e a ec par y o e un,c,pa wa er-supply system or provide a new weTI or private water system so that water supplied to the par y s a e ot a quality- and quantity at least equal o the quality and qua n i y of water enjoyed by the affected party prior to the.interference. 19. PERMITS (a) The Town agrees that upon the Owners complying with the provisions of this Agreement respecting approval of all plans and specifications required herein, building permits will be issued in accordance with the approved plans subject to: 1 ) payment of the usual permit fees and other fees as are payable under By-law currently in force in the Town and provided that all building plans comply with the Ontario Building Code and such other Municipal By-laws as may be relevant; and 2) provided that the owner has signed an agreement with the Regional Municipality of Durham regarding access, the necessary connections to municipal water and sanitary i 10 - sewage systems, the payment of levies, and that a copy of said agreement has been deposited with the Town; and 3) provided that the owner has executed an agreement with the Ontario Hydro Electric Commission for the installation of hydro electric services to the "said lands" and that a copy of said agreement has been deposited with the Town; and 4) the Owner has paid to the Town all monies required pursuant to Schedule "E" hereof. (b) The Town further agrees that upon the Owners complying with the provisions of By-law 76-25, as amended (Sign By-law), sign permits will be issued in accordance with said By-law subject to payment of the usual permit fees currently in force. 20. OCCUPANCY PERMITS (a) The Owner agrees not to occupy or permit occupancy of any building or part thereof unless the Chief Building Official for the Town of Newcastle has issued an Occupancy Permit. (b) The Town agrees that upon the Owner complying with the provisions of Section 2.6 of Ontario Regulation 583/83, as amended, or any successor thereof, in respect of Occupancy of Unfinished Buildings, and upon the payment of the monies required pursuant to Schedule E hereof and the completion of the grading and drainage works required pursuant to Paragraph 6(c) hereof, to issue an Occupancy Permit to authorize occupancy of a building or part thereof, prior to its completion. 21. LAPSE OF APPROVAL In the event a building permit has not been issued to the Owner within the period of two years hereinafter in this sentence referred to, the parties agree that the Town's approval of the site plans and drawings referred to in paragraph number 1 hereof shall lapse upon the expiry of two years from the date of the execution of this Agreement. 22. CONSTRUCTION COMMENCEMENT The Owner agrees to commence construction of any building or buildings for which a permit may be issued under Paragraph 15 hereof as soon as is reasonably practicable following the issuance of any such permit. 23. INTERPRETATION NOT AFFECTED BY HEADINGS The division of this Agreement into paragraphs and the insertion of headings are for convenience of reference only and shall not in any way affect the interpretation of this Agreement. - 11 - IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED ) THE CORPORATION OF THE TOWN OF In the presence of: ) NEWCASTLE A OT—Y R -------- CLERK 583186 ONTARIO LIMITED LIST OF SCHEDULES A - Legal Description of Said Lands B - Affidavit of Ownership C - Site Plan including: C-1 Site Plan C-2 Landscape Plan including tree preservation plan C-3 Grading and Drainage Plans C-4 Building A - Elevations C-5 Building A - Building Sections C-6 Building B - Elevations C-7 Building B - Building Sections C-8 Building C - Elevations C-9 Building C - Building Sections C-10 Building D - Elevations C-11 Building D - Building Sections C-12 Building E - Elevations C-13 Building E - Building Sections C-14 Building F - Elevations C-15 Building F - Building Sections D - Works Cost Estimate E - Development Charges THIS IS SCHEDULE "A" to the Agreement which has been authorized and approved by By-law No. of the Town of Newcastle, enacted and passed the day of , 198 LEGAL DESCRIPTION OF SAID LANDS (by Reference Plan) IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED) THE CORPORATION OF THE TOWN OF NEWCASTLE In the presence of: ) MAYOR CLERK 563186 ONTARIO LIMITED THIS IS SCHEDULE "B" to the Agreement which has been authorized and approved by By-law No. of the Town of Newcastle, enacted and passed the day of , 198 AFFIDAVIT OF OWNERSHIP IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED) THE CORPORATIO14 OF THE TOWN OF NEWCASTLE In the presence of: ) MAYOR CLERK 563186 ONTARIO LIMITED 1 THIS IS SCHEDULE "C" to the Agreement which has been authorized and approved by By-law No. of the Town of Newcastle, enacted and passed the day of , 198 . - Attached Plans and Drawings C-1 through C-15 inclusive as per Page 2 of the Agreement IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED) THE CORPORATION OF THE TOWN OF NEWCASTLE In the presence of; ) MAYOR 563186 ONTARIO LIMITED I THIS IS SCHEDULE "D" to the Agreement which has been authorized and approved by By-law No. of the Town of Newcastle, enacted and passed the day of 198 WORKS COST ESTIMATE (to be determined) - Storm drainage works - Externals i.e. illumination IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED) THE CORPORATION OF THE TOWN OF NEWCASTLE In the presence of: ) MAYOR CLERK ) 563186 ONTARIO LIMITED I I I i i THIS IS SCHEDULE "E" to the Agreement which has been authorized and approved by By-law No. of the Corporation of the Town of Newcastle, enacted and passed the day of 198 DEVELOPMENT CHARGES The Owner shall pay, to the Town, Development Charges of $625.00 per unit. The aforementioned charges shall be paid as follows: - $25,000. prior to issuance of any building permit and prior to the issuance of any Occupancy Permit in respect of any building, or part of a building, the Owner agrees to pay, to the Town, Development Charges in an amount equal to the number of dwelling units for which an Occupancy Permit is being sought multiplied by the per unit charge of $625.00. - a further $25,000. prior to issuance of the first Occupancy Permit - a further $25,000. prior to issuance of the Forty-first Occupancy Permit - a further $25,000. prior to issuance of the Eighty-first Occupancy Permit - a further $25,000. prior to issuance of the One Hundred and Twenty- first Occupancy Permit - a further $25,000. prior to issuance of the One Hundred and Sixty- first Occupancy Permit - a further $25,000. prior to issuance of the Two Hundred and first Occupancy Permit - a further $25,000. prior to issuance of the Two Hundred and Forty- first Occupancy Permit - a further $25,000. prior to issuance of the Two Hundred and Eighty- first Occupancy Permit - a further $25,000. prior to issuance of the Three Hundred and Twenty-first Occupancy Permit - a further $25,000. prior to issuance of the Three Hundred and Sixty- first Occupancy Permit - a further $25,000. prior to issuance of the Four Hundred and first Occupancy Permit - a further $25,000. prior to issuance of the Four Hundred and Forty- first Occupancy Permit - a further $25,000. prior to issuance of the Four Hundred and Eighty- first Occupancy Permit - a further $25,000. prior to issuance of the Five Hundred and Twenty- first Occupancy Permit - a further $25,000, prior to issuance of the Five Hundred and Sixty- first Occupancy Permit - a further $25,000. prior to issuance of the Six Hundred and first Occupancy Permit. - a further $18,750. prior to issuance of the Six Hundred and Forty- first Occupancy Permit. For the purposes of this Schedule and this Agreement, development charges actually paid to the Town shall be applied in the first instance on a pro-rata basis against all units, but upon the issuance of the first Occupancy Permit and thereafter, the development charges shall be first applied in full satisfaction of the development charges owing on the units in respect of which the Occupancy Permits have been issued and the balance of any development charges actually paid to the Town (if any) shall be applied on a pro-rata basis against all units, but for which no Occupancy Permit has been issued. i i Page 2 of Schedule "E" For the purposes of this Schedule and the Agreement, the number of Occupancy permits issued shall be the aggregate of all such permits issued. The Town may review the Schedule of Development Charges annually and may adjust the amount of the Development Charges in accordance with the increase of capital costs as may be appropriate using the Southam Construction Index for calculating such adjustments. The Owner hereby acknowledges and agrees to such annual adjustment and further agrees that such adjusted Development Charges shall be applicable to all units for which Development Charges remain due. IN WITNESS WHEREOF the parties have hereto affixed their hands and seals and/or corporate seals by the hands of their proper signing officers duly authorized in that behalf. SIGNED, SEALED AND DELIVERED) THE CORPORATION OF THE TOWN OF NEWCASTLE In the presence of: ) MAYOR 563186 ONTARIO LIMITED I i DATED: 198 B E T W E E N: 563186 ONTARIO LIMITED - and - THE CORPORATION OF THE TOWN OF NEWCASTLE DEVELOPMENT AGREEMENT The Corporation of the Town of Newcastle Planning Department Municipal Offices HAMPTON, Ontario, LOB UO File: DEV 83-22 r