The PVP Zone. Property owners who live within the area shown on the map are eligible to apply for compensation under the PVP Program. The Zone boundaries are: on the west - a line 300m west of the western limit of Newtonville Road; on the north – a line 300 m north of the northern limit of Durham Highway/County Road 2 and Xxxx Road; on the east – the eastern boundary of the Municipality of Port Hope; and on the south – the shoreline of Lake Ontario. Once a property owner submits a claim, the PVP Program office reviews the information and analyzes the selling prices of similar properties within and outside the PVP Zone. In the majority of cases for properties valued under $250,000, claimants can expect to be notified of the decision within 15 business days. When a claim is approved, the PVP office issues a cheque for compensation. If a claim is denied, the office provides a written explanation, and the claimant may proceed to the appeal process, involving mediation and/or arbitration. No fees are involved.
Appears in 5 contracts
Samples: Site Plan Agreement, Site Plan Agreement, Site Plan Agreement
