Development Cost Charges definition

Development Cost Charges means the Development Cost Charges payable for a Development under the Development Cost Charge Bylaw;
Development Cost Charges and “DCCs” means a charge imposed pursuant to the
Development Cost Charges or “DCC” means a development cost charge payable by a person to the City pursuant to a DCC bylawgovernment business enterprise” means a person that:(a) is a wholly-owned subsidiary of a post- secondary institution; and(b) carries on, pursuant to authority delegated to it by that post-secondary institution, the business of providing not-for-profit student rental housing for and on behalf of that post- secondary institution “not-for-profit student rental housing” means sleeping units or dwelling units that meet all of the following criteria:(a) owned by or leased to, and operated by, a post-secondary institution or by a government business enterprise on behalf of such post- secondary institution at the time of any application for, or issuance of, a reduction of development cost charges or amenity cost charges, as the case may be;(b) purpose-built to provide rental housing for faculty, staff, students, or other persons affiliated with that post-secondary institution and their families;(c) operated on a cost recovery basis; and(d) governed by the terms of a housing agreement and Section 219 covenant entered into with the City which restricts the use of the development in accordance with the above criteria for a period of at least 60 years “post-secondary institution” means:(a) British Columbia Institute of Technology; or(b) Simon Fraser University

Examples of Development Cost Charges in a sentence

  • It is, therefore, reasonable for the City to enter into an agreement with the developer whereby the developer finances the infrastructure as outlined, and the City reimburses the developer as the Development Cost Charges are collected from the benefiting properties.

  • The applicant hereby acknowledges that Development Cost Charges may be required by Metro Vancouver, and by the City of Delta in accordance with the Delta Development Cost Charges Bylaw No 7560, 2017.

  • The work proposed to be financed and constructed by the developer is work that is now in the 10 Year Servicing Plan and is included in the calculations of the Development Cost Charges.

  • As a result, the first developer has offered to fund the construction of the trunk sewer in the ▇▇▇▇▇▇▇▇ Heights Central NCP, provided that they will be reimbursed by the City over time, as drainage Development Cost Charges are collected from benefiting areas.

  • A first developer has offered to fund the construction of the detention facilities in the East ▇▇▇▇▇▇ North NCP, provided that they will be reimbursed by the City over time, as drainage Development Cost Charges are collected from within the benefiting area.

  • X 2 Empty all wastebasket and receptacles change liners as needed.

  • Items that are out of scope for this project include Water Development Cost Charges and Connection Charges, which will not be addressed as part of this initiative.

  • Projected Sewer Development Cost Charges (DCC's) to be collected in the benefiting area are $890,000.

  • The work proposed to be financed and constructed by the developer is work that is in the 10 Year Servicing Plan and is included in the calculations of the Development Cost Charges.

  • As the City's policy is not to initiate the servicing of Neighbourhood Concept Plans using City funds, the first developer in this sanitary sewer catchment area of the ▇▇▇▇▇▇▇▇ Heights West NCP has offered to fund the construction of the sanitary sewer system, provided that they will be reimbursed by the City over time, as sanitary sewer Development Cost Charges are collected from future development within the benefiting area.


More Definitions of Development Cost Charges

Development Cost Charges means all development cost charges set out in the City Development Cost Charge Bylaw as of the date of this Contract incurred or to be incurred, as the case may be, in respect of the design, installation and construction of the DCC Works;
Development Cost Charges means a fee levied on new development to pay for new or expanded infrastructure such as water, sewer, drainage, parks and roads necessary to adequately service the demands of that new development.