4/28/2013 9:25:55 AM

April 26, 2013
The City of Toronto is seeking input to update its development charge rates and policies as required under the Development Charges Act.

Development charges are fees collected from developers at the time a building permit is issued. The fees help pay for the cost of infrastructure required to provide municipal services to new development, such as roads, transit, water and sewer infrastructure, community centres and fire and police facilities.

Most municipalities in Ontario use development charges to ensure that the cost of providing infrastructure to service new development is not borne by existing residents and businesses in the form of higher property taxes.

A comprehensive background study determines the maximum development charge rates that can be levied under provincially legislated rules. Draft rates have now been completed and have been released for consultation.

The City is seeking input from the public on the draft rates and on related policies, such as development charge exemptions and transition provisions.

What do you want the City to consider? Learn about the issues, provide your views and feedback, and join discussion groups on key topics at two public consultation sessions from 7 to 9 p.m. on the following dates:

May 9 - Members Lounge, North York Civic Centre, 5100 Yonge St.
May 13 - Rotunda, Metro Hall, 55 John St.

Registration is requested. Please email devcharges@toronto.ca with your name, organization (if applicable) and the number of persons attending.

Following the consultation process, the City will release a final background study and draft bylaw for consideration at an upcoming Executive Committee meeting this summer.

More information about the City of Toronto's 2013 Development Charges Bylaw Review is available at http://www.toronto.ca/finance/dev_charges_bylaw_review/2013.htm.