May 23, 2003

York Regional Council approves enactment of a new Development Charge By-law


NEWMARKET – York Regional Council has approved the enactment of a Development Charge By-law to establish a revised development charge, with an effective date of June 23, 2003. The existing Development Charge By-law expires June 25, 2003.

Development charges are a major source of funding for the Region’s $8 billion growth-related capital program to the year 2026. The development charges help finance capital works required for growth in the area municipalities of York Region.

"York Region’s population increased by 42,000 people in 2002, a growth of 5 per cent over the prior year. We have approved a new Development Charge By-law that reflects our current and future growth," said Regional Chair and CEO Bill Fisch. "This by-law endeavours to be fair to both residential and non-residential developers."

Major highlights of the 2003 By-law include:

"The revised by-law is reflective of York Region’s sound financial management and business practices," said Town of Aurora Mayor Tim Jones, Chair of the Finance and Administration Committee. "Our business strategy incorporates a framework for continuous improvement and ensures that growth pays for its fair share."

Regional Council has established the following rates under its revised Development Charge By-law:

For more information, please see attached Development Charge By-law Fact Sheet.

For more information on The Regional Municipality of York, the services we offer and links to our nine area municipalities, please visit our Web site at: www.region.york.on.ca

 

Contact: Patrick Casey, Senior Media Relations Specialist, York Region

-(905) 830-4444, ext. 1235

Email: patrick.casey@region.york.on.ca

 

 

York Region Development Charge By-law  Fact Sheet    

NEWMARKET – The following is a breakdown of residential and non-residential DC Rates to be phased-in in four steps over the four-year term of the DC By-law.

Residential DC Rate

Single and

Multiple

Apartments

Semi-

Unit

2 or more

Less than

Detached

Dwelling

Bedroom

2 Bedroom

Hard Services:

Water

$3,296

$2,825

$2,072

$1,318

Sewer

$3,320

$2,846

$2,087

$1,328

Roads

$3,859

$3,308

$2,426

$1,544

Subtotal

$10,475

$8,979

$6,585

$4,190

Transit1

$775

$629

$461

$293

General Services

$464

$376

$275

$175

GO Transit2

$267

$210

$154

$98

Total- Step 1

$11,981

$10,194

$7,475

$4,756

1. First step of phase-in of Transit development charge

2. GO Transit By-law calculated under separate by-law – rate for illustration only

 

Non-residential DC Rate per sq. ft. Phase-in

Non-

Retail

Retail

Step 1 – 12 months

$2.75

$3.85

Step 2 – 13 to 24 months

$3.05

$4.55

Step 3 – 25 to 36 months

$3.35

$5.95

Step 4 – 37 to 48 months

$3.50

$8.05

Contact: Patrick Casey, Senior Media Relations Specialist, York Region

-(905) 830-4444, ext. 1235

Email: patrick.casey@region.york.on.ca


The Regional Municipality of York is committed to providing cost-effective, quality services that respond to the needs of our rapidly growing communities.  York Region is comprised of the following nine area municipalities:  Aurora, East Gwillimbury, Georgina, King, Markham, Newmarket, Richmond Hill, Vaughan and Whitchurch-Stouffville.  For more information, visit our Web site at:  www.region.york.on.ca

Contact: Patrick Casey, Senior Media Relations Specialist, York Region

 
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