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Home My WebLink AboutPD-9-85 17(10 Q CORPORATION OF THE TOWN OF NEWCASTLE PLANNING AND DEVELOPMENT DEPARTMENT T.T.EDWARDS,M.C.I.P.,Director HAMPTON,ONTARIO LOB UO TEL.(416)263-2231 REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF JANUARY 21 , 1985 REPORT NO. : PD-9-85 SUBJECT: TOWN OF NEWCASTLE DEVELOPMENT CHARGES OUR FILE: Planning 19.1 RECOMMENDATION: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1 . That Report PD-9-85 be received for information. BACKGROUND AND COMMENTS: On January 24, 1983 Council of the Town of Newcastle passed By-law 83-22 being a By-law to establish a scale of development charges applicable within the Town of Newcastle. Schedule "A" to By-law 83-22 establishes the Town's development charge policy and more particularly, paragraphs 1 .6 and 1 .8 require the Town to undertake an annual review of the schedule of development charges and to adjust the amount of development charges in accordance with the increase of capital costs, as may be appropriate, based upon the Southam Construction Cost Index. . . .2 REPORT NO. : PD-9-85 Page 2 In November of 1983, Schedule "A" to By-law 83-22 was amended to reflect a 1983 increase in the construction cost index of approximately five percent. A review of the composite index, which includes materials and wages, indicates that for the past year there has only been a 0.82% change in construction costs. Given the fact that there has only been a negligible increase in the construction cost index for the past year, Staff are not recommending that the scale of development charges be revised at this time. Respectfu s ed, T. T. Edwards, M.C. I .P. Director of Planning TTE*bb December 28, 1984 Attachment: Copy of National Series Southam Construction Cost Index i 0 d issued monthly by: Southam Communications S. CANADAMA, Limited 1450 Don Mills Rd. Southam Construction ® Don Mills, Ontario 2X7 Cost Index a marketing service of Southam Communications Limited Telephone(416) 445-65-6 641 Telex 06-966612 NATIONAL SERIES Composite Waged Materials Index %Change Index %Change Index %Change (1971 = 100) (1971 = 100) (1971 = 100) Month Year Month Year Month Year to to to to to e Month 1983 1984 Month Year Month 1983 1984 Month Year Month 1983 1984 Month Year January 255.0 267.0" .30" 4.70' January 242.6 260.3" .1511 7.3011 January 260.7 264.5° 15'1 1.46" February 255.7 267.0 - 4.421 February 242.6 260.3 7.30" Februar March 256.0 267.0 - 4.30 March y 261.9 264.5 - ,99:1 242.8 260.3 April 256.2 267.0 - 4.22 April 243.0 260.3 7.21 March 262.3 264.5 .84 7,12 April 262.5 264.5 May 264.4 267.1 .04 1.02 May 258.8 260.4 .04 .62 May - .76 June 264.5 267.2 .04 1.02 June y 263.1 264.6 .04 .57 259.0 260.4 .54 June 263.1 264.7 .04 .61 July 264.7 267.5 .11 1.06 July 259.2 260.5 .04 .50 July 263.3 264.9 .08 .61 August 264.8 267.5 - 1.02 August 259.3" 260.5 September 264,7" 267.5 - 1.06 September 259.2 260.5 .46 August 263.4 264.9 - .57 October 264.9" 267.5 - - .50 September 263.3~ 264.9 - _61 98 October 259.3'1 260.5 .46 October 263.4" 264.9 =7 November 265.3" 267.5 - .82 November 259.5'1 260.5 ,38 November 1 December 266.2" December 259.9°1 263.1 264.9 - 49 December 264.1" 290- _ 280- 295- 285- 275- 290- j 280- 270- 285- 275- 265- 280- 270- 260- 275- _ 265- 255- 270- 260-! 250- 265- 255-! 245- 260- 250- 240 255- i JFMA83JJASOND1984MAMJJASOND JFMAMJJASONDJFMAMJJASOND JFMAMJJASONDJFMAMJJASOND I 1983 Index to date Index to date 1983 Index to date 1 t� THIS REPORT IS CONFIDENTIAL,COPYRIGHT PPP( *revised SOUTHAM COMMUNICATIONS LIMITED, ■Return Postage Guaranteed 18 Second Class Registration No. 6060 ■Issued December, 1984 issued monthly by: Southam Communications Pw%�NA13ArA@ Limite d Historical Data 1450 Don Mills Rd. Don Mills, Ontario M36 2X7 a marketing service of Southam Communications Limited Telephone(416) 445-6641 (1971 = 100) Telex 06-966612 Composite Materials- 300— 300— 275— 275— — 250— 250— 225— 225— — 200— 200— 175— 175— 150— 1 F 150— — 125— 125— 100— 100— 1971 '1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 Wages 300— 275— 250— 225— 200— 175— 150— 125— 100— 1971 ;1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983