Development charges are going up in Collingwood, should council vote through changes being proposed to the bylaw coming before committee of the whole this week.
The town’s treasurer Monica Quinlan notes in her report to councillors that the town’s current development charge bylaw, passed in 2019, includes a provision for adjusting the development charges on an annual basis in accordance with the most recent 12-month change in the Statistics Canada quarterly construction price statistics.
According to Quinlan’s report, the third quarter non-residential building construction price index change for the geographical region noted as Toronto (which includes Collingwood) equates to 6.6 per cent.
Development charges are one-time fees collected from developers at the time a building permit is pulled to help pay for the cost of infrastructure required to provide municipal services to new development, such as roads, transit, water and sewer infrastructure, community centres and fire and police facilities.
For urban rates development charges for single/semi detached dwellings will increase by $2,653 to $42,855, other multiples will increase by $2,001 to $32,328, two-plus bedroom apartments will increase by $1,594 to $25,743 and bachelor/one-bedroom apartments will increase by $923 to $14,919.
For rural rates, single/semi detached dwellings will increase by $1,580 to $25,532, other multiples will increase by $1,193 to $19,261, two-plus bedroom apartments will increase by $950 to $15,338 and bachelor/one-bedroom apartments will increase by $551 to $8,889.
For non-residential units, urban rates per square metre will increase by $43.49 to $196.38 and rural rates will increase by $15.98 to $80.65.
The matter will be discussed by councillors at their committee of the whole meeting on Monday, Dec. 4, following the regular council meeting at 2 p.m.
Any members of the public may attend in person in council chambers at Collingwood town hall, or virtually by Zoom webinar. The meeting will also be livestreamed on the town’s YouTube channel here.
