Updates to Development Cost Charges Bylaw Provides New Funding Sources for Parks Projects
The latest updates to the Development Costs Charges (DCCs)provide a new funding source for several parks projects.
Since February 2021, the District has undertaken a review of DCCs. DCCs are fees collected from land developers, on a user-pay basis, to help fund the cost of the new infrastructure and parks needed to service new development. DCCs help ensure developers pay their fair share of the costs required to develop new infrastructure and park improvements. With the adoption of an updated bylaw, DCC Bylaw No. 755, 2021, park projects eligible for funding through DCCs include:
- Town Centre Park Acquisition;
- Whiffin Spit Master Plan;
- New Town Centre Park Master Plan;
- New Trail Access at Seabroom Road;
- Demamiel Creek/Little River Crossing; and
- Various trailhead improvements.
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