ContractDevelopment Charges Deferral Agreement • October 10th, 2024
Contract Type FiledOctober 10th, 2024FINANCIAL PLANNING, ADMINISTRATION AND POLICY DEVELOPMENT CHARGES, PROGRAM AND POLICIESDevelopment Charges Deferral Agreement Application Form This application form is to be used to request the deferral of Development Charges under the City of Hamilton's Discretionary Development Charges Deferral Program (Section 34 of By-Law 19-142) .Developments eligible for legislated instalment payments should instead complete the Development Charge Instalment Declaration Form . APPLICATION FEE PAYABLEApplications for deferral of City Development Charges (DCs) are acceptedfor industrial, non-residential, and high-density residential developments (Fee set via 2024 Tax Supported User Fees Report FCS24003)with a minimum City Development Charge payable of $50,000. Application $920.18 does not guarantee approval. For approved developments, it takesapproximately 3-4 months from application to execute the agreement. Includes HST APPLICATION INSTRUCTIONS Please complete the Application Details Section of