CITY OF TORONTODevelopment Charges Deferral Agreement • October 1st, 2019 • Ontario
WHEREAS the Development Charges Act, 1997, S.O. 1997, Chapter 27, as amended (the "Act") authorizes municipalities to pass a by-law for the imposition of development charges against land to pay for increased capital costs required because of increased needs for services arising from development of the area to which the by-law applies;
ContractDevelopment Charges Deferral Agreement • July 18th, 2023
FINANCIAL 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 . Applications for deferral of City Development Charges (DCs) are accepted APPLICATION FEE PAYABLE for industrial, non-residential, and high-density residential developmentswith a minimum City Development Charge payable of $50,000. Application (Fee set via 2024 Tax Supported User Fees Report FCS24003)does not guarantee approval. For approved developments, it takes $814.32 approximately 3-4 months from application to execute the agreement. APPLICATION INSTRUCTIONS Please complete the Application Details Section of the Applic
ContractDevelopment Charges Deferral Agreement • October 10th, 2024
FINANCIAL 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
Applications for deferral of City Development Charges (DCs) are accepted for industrial, non-residential, and high-density residential developments with a minimum City Development Charge payable of $50,000. Application does not guarantee approval. For...Development Charges Deferral Agreement • December 14th, 2022
Development Information Name of Development: Address of Development: Legal Description of Land: Type of Development: Building Permit Number: e.g. 60,000 square foot industrial building, 320 unit apartment building, etc. Expected Building PermitIssuance Date: Note: execution of approved deferral agreements can take 3-4 months. Building Permits will not be issued until DCs have been paidor a deferral agreement has been executed. Requested dollar value of DCsto be Deferred: $ Note: only City DCs are eligible for deferral. APPLICATION RECEIPT For DCPP Use Only Application Number: Staff Initials Date Application Received: Date Application Fee Received: DC Deferral Amount: Date Application Approved: DEFERRAL PROGRAM DETAILS Interest Industrial Developments: Interest shall be charged on DC Deferral Agreements based on the City's Five Year Debenture Rate for the month the relevant building permit is issued. 1st to 4th priority on title:
DEVELOPMENT CHARGES DEFERRAL AGREEMENT PURPOSE BUILT RENTALDevelopment Charges Deferral Agreement • November 22nd, 2024 • Ontario
WHEREAS the Development Charges Act, 1997, S.O.1997, Chapter 27, as amended (the “Act”) authorizes municipalities to pass a by-law for the imposition of development charges against land to pay for increased capital costs required because of increased needs for services arising from development of the area to which the by-law applies;
CITY OF HAMILTONDevelopment Charges Deferral Agreement • May 3rd, 2019
WHEREAS the City has established a cap on the total dollar value allowed for non- industrial Development Charges (DC) Deferral agreements at any point in time equal to 50% of the previous three years DC collections (2019 cap = $32M);
