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2.2.3

Complete the Regional Development Charge By-law Review and Update.

greenstatusFinal update (September 2014)
The Regional Development Charge (RDC) bylaw was approved June 27, 2014. Regional Council approved the Development Charge Background Study (March 2014) including the capital program contained in the study, and after carful consideration of input provided by the public and stakeholders, Council approved the Regional Development Charges By-law. Some of the provisions in the By-law include: The new By-law extends the period of time for eligible redevelopment and brownfield credits from 5 years to 7 years; Staff are to monitor the development charge collections and capital program expenditures and report back annually on any shortfalls to assist Council in determining the sufficiency of the rates established under the Development Charge by-law, with the first report no later than fall 2015.

Progress Update (September 2013)

The Regional Development Charge (RDC) is a significant component of the Region’s Capital Financial Program and the current RDC By-law expires in July 2014.  In 2009, Council set the development charge rates in the RDC By-law at a lower amount than the maximum permissible amount calculated in the background study. The resulting lower development charge results in decreased revenues during the 5-year period of the by-law.

Review is underway with Hemson Consulting assisting with development of Background Study. Council has appointed 7 members to a joint staff Council Steering Committee. Meetings of Steering Committee to start in September 2013. It is expected that the review will be completed and a new RDC By-law approved in Spring 2014.

Progress Update (January 2013)

The Regional Development Charge (RDC) is a significant component of the Region's Capital Financing Program and the current RDC By-law expires in July 2014. This is an important mechanism for ensuring availability of adequate funding for the Region's infrastructure expansions needed to accommodate future growth. 

A Request for Proposals for consulting services will be issued for the preparation of the required Background Study.  It is expected that the review will be completed and a new RDC By-law approved in 2013.

Progress Indicators

  • Approval of new DC by-law which sets appropriate rates to fund infrastructure projects required to support growth.

Related Links

 

greenindicator   Strong progress achieved   2011-2014 Strategic Plan (PDF)
yellowindicator   Moderate progress achieved   2011-2014 Strategic Plan (RTF)
redindicator   Progress needed   2011-2014 Strategic Plan (Flash)