HomeMy WebLinkAboutPD-121-86 (o)
TOWN OF NEWCASTLE /
REPORT File # ��
Res.
By-Law #
(SING: General Purpose and Administration Committee
DATE: Monday, May 5, 1986
REPORT #: PD-121-86 FILE #: Pln. 19.1
SUBJECT: COURTICE URBAN AREA DEVELOPMENT CHARGES
OUR FILE: Pln 19.1
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report PD-121-86 be received; and
* 2. THAT the attached by-law to amend By-law No. 83-22, as amended, be approved.
BACKGROUND AND COMMENTS:
At the February 17, 1986 meeting of the General Purpose and Administration Committee,
Staff Report PD-2-86 was considered in respect of adjustments to the Cou rtice Urban Area
development charges. Said report outlined the rationale for lot levies and identified the
various proposed capital expenditures which contribute to the cost of development in the
Courtice Urban Area. Inasmuch as a number of these items were under consideration as part
of the Town's Capital Budget process, any action was deferred until Council granted final
approval of same and direction provided to prepare an amendment to the Town's Levy By-law
as soon as possible thereafter.
. . .2
REPORT NO.: PD-121-86 Page 2 _L--
In that regard, of the component capital expenditures considered as a basis
for lot levies, the only item which was not approved through the Five Year
Capital Budget was a new main branch for the Newcastle Public Library.
Accordingly, this has been deleted from the levy calculations resulting in a
slight downward adjustment of the proposed levies for Courtice. Utilizing
the reduced expenditure calculations, the resultant in levies would be as
shown in Table A below.
TABLE A
Added Added Revenue Per Per
Housing Type % Population Units Required Unit Levy
Single and Semis 83.5% 19,623 6,132 $ 7,628,560 $1,244.05
Townhouses 7.5% 1 ,762 534 685,200 $1 ,283.15
Apartments 9.0% 2,115 961 822,240 $ 855.60
TOTAL 23,500 7,627 $ 99136,000
Table B, below, illustrates the percentage increase in the levies that would
result from the foregoing calculations.
TABLE B
% Change
Housing Type Existing Levy New Levy in Levies
Single and Semis $915 $1245 36%
Townhouses $765 $1283 68%
Apartments $625 $ 855 37%
In accordance with the Council ' s resolution , upon approval of the amending
by-law, notices will be forwarded to the various developers affected by the
adjustments advising them that the Town will be exercising its option pursuant
to the terms of the Subdivider' s Agreement to adjust the development charges
and further advising them that, should they wish to pay any outstanding
charges at the rates identified within the Development Agreement, they must do
so within sixty (60) days of the notice provided. All new Development
Agreements within the Courtice Area will include the new rates.
. . .3
REPORT NO.: PD-121-86 Page 3
In consideration of the foregoing, it would be appropriate to pass the
* attached by-law to amend By-law 83-22, as amended.
espec f f1'W-submitted,
T.T. Edwards, M.C. I.P.
Director of Planning
TTE*jip
*Attach
April 25, 1986
i
THE CORPORATION OF THE TOWN OF NEWCASTLE
BY-LAW NUMBER 86-
being a By-law to amend By-law No. 83-22, as amended by By-law No.
83-156, to revise the scale of development charges for the Town of
Newcastle.
WHEREAS By-law No. 83-22 of the Corporation of the Town of Newcastle, as
amended by By-law No. 83-156, established a scale of development
charges.
AND WHEREAS pursuant to the provisions of By-law No. 83-22, the Town is
to review the schedule of development charges annually.
AND WHEREAS as a result of such a review the Council of the Town of
Newcastle deems it advisable to revise its schedule of development
charges.
NOW THEREFORE the Council of the Corporation of the Town of Newcastle
hereby enacts as follows:
1. Paragraph 1.2 of Schedule "A" to By-law No. 83-22 of the Corporation
of the Town of Newcastle is hereby amended by inserting the following
revised development charges:
Single and Semi-Detached Dwelling Units $1,245.00 per unit
Row Housing (including conventional
Townhousing, Street Townhousing and
Mobile Units) $1,283.00 per unit
Apartments (including walk-up and higher
density apartments, rental and condominium) $ 855.00 per unit
2. The provisions of this by-law shall take effect on the date of
passing hereof.
BY-LAW read a first time this day of 1986.
BY-LAW read a second time this day of 1986.
BY-LAW read a third time and finally passed this
day of 1986
MAYOR
CLERK