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3840 To amend By-Law 3827, to establish Development Charges for the Corporation fo the Town of TillsonburgTHE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBER 3840 BEING A BY-LAWtoamend By-Law3827, toestablish DevelopmentChargesforthe Corporation of the Town ofTillsonburg. WHEREAS The Town ofTillsonburg is desirous ofamending By-Law 3827; WHEREAS Council considered a staff report titled FIN 14-30 Development Charges By- law Amendment dated August 11, 2014, and by Resolution directed that Development Charge By-law 3827 be amended to prescribe the treatment of Model Homes and that a Public Meeting be called to address issues of the change; and WHEREAS Notice of Public Meeting was given pursuant to Section 12 of the Act and copies of the staff report and the proposed development charge by-law amendment were made available to the public on August 11, 2014; and WHEREAS a Public Meeting was held on September 8, 2014 to hear comments and representations from all persons; and NOW THEREFORE THE MUNICIPAL COUNCIL OF THE CORPORATION OF THE TOWN OF TILLSONBURG ENACTS AS FOLLOWS: That Section 13, Timing of Calculation and Payment, of By-Law 3827 be amended and replaced by: 13.(1) Development charges shall be calculated and payable in full in money or by provision of services as may be agreed upon, or by credit granted and defined by various references in the Development Charges Act, on the date that the first building permit is issued in relation to a building or structure on land to which a development charge applies. (2) Where development charges apply to land in relation to which a building permit is required, the building permit shall not be issued until the development charge has been paid in full. (3) Where development charges apply to land in relation to which a building permit is required for new residential construction for a single, row, townhome and semi-detached residential dwellings, the portion of the Tillsonburg Development Charges related to construction of Model Homes, shall be deferred until occupancy for up to six model homes per development site per year. This By-Law shall come into force and take effect immediately after the final passing hereof. READ A FIRST AND SECOND TIME THIS 8'h day of September, 2014. READ A THIRD AND FINAL TIME AND PASSED THIS 81h day of September, 2014. MAYOR -Dave Beres TOWN CLERK -Donna Wilson ------------