Examples of Community Benefits Charge in a sentence
Possible D.C.-Eligible Services Not Included in the D.C.Less:Excess Capacity 5.Less:Benefit To ExistingDevelopment6.The Process of Calculating a Community Benefits Charge under the Planning Act Analysis of Municipal Services & Needs 2.Estimated Increase in Need for Service 3.
The following provides a summary of the changes to theD.C.A. that are now in effect: List of D.C. Eligible Services• Under Bill 108 some services were to be included under the D.C.A. and some would be included under the Community Benefits Charge (C.B.C.) authority.
A Community Benefits Charge (CBC) is a new growth-funding tool (GFT) under the Planning Act (Act) that allows municipalities to levy a charge against certain forms of higher density development to fund associated development-related capital infrastructure needs.
At the time of writing, a Community Benefits Charge approach was subject to ongoing analysis and consultation.
On a date to be prescribed by the Planning Act or once the City’s Community Benefits Charge By-law is in effect (whichever is sooner) section 5.5 of the Part 1 Plan will no longer be in effect.
Of note, this analysis assumes that the City of Toronto will implement a Community Benefits Charge (CBCs) pursuant recent Provincial legislative changes.
The City of Mississauga 2022 Community Benefits Charge Strategy (herein referred to as the “CBC Strategy”) is presented as part of the process to lead to the approval of a CBC By-law in compliance with the Planning Act, 1990 (the “Act”).
In both cases, the charges pertaining to the soft services would continue to be imposed during the transition period until a Community Benefits Charge By-law is passed under the authority of the Planning Act, or the prescribed date, whichever comes first.
A Community Benefits Charge (CBC) is a new funding tool authorized under the Ontario Planning Act, 1990 (the Act) that allows municipalities to impose a charge against higher density development to pay for development-related capital costs.
Soft services within an existing D.C. by- law can remain in effect, even if the by-law expires, until the earlier of the prescribed date (currently anticipated to be January 1, 2021), the date a Community Benefits Charge By-law is passed, or the date when the existing D.C. by-law is repealed.