New Tecumseth council ratified the updated development charges fee
schedule last night which sets the rate on a single detached, fully
serviced unit at $40,594, an increase of $3,254.
The non residential rates are $208.36 per sq. metre of gross floor
space, a decrease of $14.18 - the biggest drops in water (down $8.78)
and wastewater (down $4.23).
New rate schedule takes effect after the current DC bylaw expires
August 26, 2018.
Hemson's background study estimates growth related projects for
engineering services will cost approximately $476 million for works
through to 2031. Of those, $372.1 million are deemed DC funding
eligible. These include:
- Roads and related infrastructure and engineering studies $113.7
- Water distribution and water supply infrastructure $141million; and
- Wastewater collection and treatment infrastructure $221.3 million
($31.4 million post period).
General Services, which include Parks, Recreation and Culture, has an
estimated 10-year capital program with a price tag of $110.8 million,
of which $56.8 million is deemed DC eligible for funding, including:
- Recovery of TCC and NTRC debentures: $11.3 million
- Provision for indoor Pool $20.1 million;
- Provision for new Ice Pad $14 million ($4.5 million post-period);
- Provision for additional gymnasium and fitness space $6.1 million
- Parkland deve|opment $21 .1 million ($4.5 million post-period).
Other projects identified in the fee structure include:
Tottenham Branch: $2 million;
Alliston Branch: $4.5 million ($1.8 million post-period);
Training Site Phase 1-4: $368,700
Station 3 Expansion: $412,500
Station 4: $6.2 million
Joint Police Services
New Tecumseth share of police officer outfitting and vehicle
equipment to maintain current service levels: $230,600
Provision for New PW Facility: $4.6 million
Material Storage Expansion: $1 million
Additional vehicles and equipment $2.7 million
Various deve|opment related studies $1 million.
Development charges are appealable to the Local Planning Appeal
Tribunal (formerly the OMB). However, the DC rate as approved by
council would still be collected by the Town during the appeal period.
If an order is issued to reduce the rates, the Town would refund the
difference plus interest.