DEVELOPMENT CHARGES. (1) The Owner will pay a development charge to the Town, in accordance with the Town of Oakville Development Charge By-Laws, as amended by O.M.B. Order, for each unit to be built within the Plan upon the issuance of the building permit for such unit. The amounts to be paid shall be in accordance with the development charges in effect when the building permit is issued and the amount of any increase shall be paid if a building permit is allowed to expire and there is an increase before a new permit is taken out. The Owner charges each lot on the plan with payment of the proper sums appropriate to it in accordance with this section. Payment shall be made before a building permit is issued. Upon payment of all amounts charged against the lot by this Agreement, the Town will give a release of the lot from this and any other charge hereunder in registerable form. 27 The first building permit will not be issued within a Service Area until the Director of Building Services has assurance from the Town Engineer that all vacant lots and blocks with the Plan have been cleared of debris.
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Samples: Uresidential Subdivision Agreement, Subdivision Agreement, Uresidential Subdivision Agreement