Motion To: WHEREAS the Development Charges Background Study and the Area-Specific Development Charge Background Study for Individual Storm Water Management Ponds and Drainage Systems were recommended for approval by the Planning Committee on May 13, 2014; and WHEREAS, following Planning Committee consideration, drafting errors have been identified that must be corrected by the following technical amendments; and WHEREAS significant consultation has taken place before and since the release of the background studies; and WHEREAS Council deems it appropriate to approve the background studies as they have been amended; THEREFORE BE IT RESOLVED THAT Council approve that 1. Subsection 18(3) is amended to read as follows: (3) The indexing pursuant to this section shall be calculated on the basis that the payments towards the principal component of any growth-related debt for which the City is or will be liable subsequent to the enactment of this by-law are not subject to the annual indexation

S. Moffatt
R. Chiarelli
E. El-Chantiry
R. Bloess
D. Chernushenko
S. Blais
M. Fleury
M. Taylor
S. Desroches
B. Monette
J. Harder
K. Hobbs
M. Wilkinson
S. Qadri
P. Clark
K. Egli
D. Deans
D. Holmes
T. Tierney
A. Hubley
D. Thompson
J. Watson
P. Hume
M. McRae
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Vote recorded from City Council on 2014-06-11 regarding agenda item DEVELOPMENT CHARGES BACKGROUND STUDY AND BY-LAWS.

Full meeting details.

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