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Final decision on DC hike set for Oct. 30 in QW


Final decision on DC hike set for Oct. 30 in QW

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However, a final vote on the hike won't be made until a special council meeting Oct. 30 when city staff will bring forward a bylaw for council consideration to reject or adopt the increase in full.

Development charges are levied from home builders to pay down large infrastructure costs created by a growing population's demands for new municipal services.

Council asked staff Wednesday to bring forward the bylaw after approving an amended development charges study which sets the new proposed DC rate hike on every single detached home effective Dec. 1 this year.

Current DC fees now exacted for new homes of $15,010 would jump by $22,357 for a total of $37,367, a cost borne initially by home builders but soon to be passed on to new home buyers if council renders a final decision at month's end to bring in the increase.

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