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3609 To amend By-Law 3361, to Establish Development Chaarges for the Corporation of the Town of TillsonburgTHE CORPORATION OF THE TOWN OF TILLSONBURG BY-LAW NUMBER 3609 A BY-LAW to amend Bylaw 3361, to establish Development Changes for the Corporation of the TownofTiteonburg. WHEREAS The Town of Tikonburg is desirous of amending By-Law 3361; NOW THEREFORE BE fT RESOLVED THAT the Council of The Corporation of the Town of Titeonburg enacts as follows: THAT Section 13 to Bylaw 3361 be replaced and amended as follows: TIMING OF CALCULATION AND PAYMENT 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, 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. This is up to the discretion of the Director of Development and Communication Services and/or the Chief Building Official, and is eligible 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 10* day of April, 2012. READ A THIRD AND FINAL TIME AND PASSED THIS 23rd day of April, 2012. John CLERK - Donna Wilson