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1998-081 To Amend By-law No. 1991-091, The Oro Development Charges By-law, as amended I .__ . I ""," ~ \ , THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE BY-LAW NO. 98-81 Being a By-law to amend By-law No. 91-91, The Oro Development Charges By-law, as amended. . WHEREAS Section 62(3) of the new Development Charges Act (Bill 98) permits a municipality to amend a Development Charges By-law in accordance with Section 7 of The Development Charges Act (1989); AND WHEREAS the approval of the Minister of Municipal Affairs and Housing is not required for an Amendment to a Development Charges By-law that has the sole purpose of reducing the amount of the Development Charge in accordance with Section 7 of the Development Charges Act (1989) as amended by Bill 20; AND WHEREAS Council deems it appropriate to reduce the amount of the Development Charge pending the completion of a new Township-wide Development Charges Study and By-law in accordance with the provisions of the new Development Charges Act (Bill 98); NOW THEREFORE the Council of the Corporation of the Township of Oro-Medonte enacts as follows: 1. Schedule "A" to By-law 91-91 is hereby deleted and replaced with a new Schedule "A" as shown below: SCHEDULE "A" BY-LAW 91-91 DEVELOPMENT CHARGES RESIDENTIAL DEVELOPMENT . single detached dwelling units · semi-detached dwelling units · one-bedroom apartment dwelling units . two or more bedroom apartment dwelling units . all other dwelling unit types $2,960,00 per unit $2,960.00 per unit $1,286.40 per unit $1,924.00 per unit $2,664.00 per unit An additional Development Charge of $3,630.00 per dwelling unit is payable in the municipal water service areas of Shanty Bay and Hawkestone, 2, The reduction in Development Charges shall be retroactive to June 16, 1998. . " ~ -.. . .. "" '~ . -2- READ A FIRST AND SECOND TIME this 29th day of July, 1998. e READ A THIRD TIME and finally passed this 29th of July, 1998. THE CORPORATION OF THE TOWNSHIP OF ORO-MEDONTE /1 l /; f.I:l' IS Cll r Mayor, Ian Beard ~,l'/ ^-"7'-[~- /r-,-id.'~ Clerk, Lynda Aiken .