Development fees & DCC's
Development Fees and Development Cost Charges are an important aspect of development within the City. They help to offset costs of processing applications, aquiring new parks, and improving infrastructure.
Development Cost Charges (DCC) are monies collected from land developers by a municipality to offset some of the infrastructure expenditures incurred in servicing new developments and maintaining existing infrastructure.
The monies collected are used to finance capital projects related to new roads, drainage, sewers, water mains and aquiring parks. Development Cost Charges are imposed by Bylaw pursuant to the Local Government Act. Anytime a proposed development increases density, a DCC is estimated and charged. This includes creating new square footage on a commercial or industrial project, adding new dwellings, or creating new subdivided lots.
The 2030 Infrastrucutre Plan is a document that was approved in 2016 by Council to inform and guide future capital expenditures and DCC's.
Development application fees are required with any development application and are used to offset the cost of processing applications, advertising for public meetings, and legal and administrative fees.