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l n VVUIUI IUUY ’ www.city.waterloo.on.ca City of Waterloo Development Charge Rate Increases January 1. 2006 Increase The Cits unticipates increasing the City‘s Development Charge rates on January Ist. 2006 to reflect the Construction Price Index inctease, as permitted by the Development Charges Aet, 1997 and the City‘s Development Charge Byâ€"laws Currenth. the amount of the increase is not known as we are warting for information from Staustics Canada. Tt is antioipated the new rates will be known in late November, with rates to increase January 1. 2006 Please note that only full Building Permnt Apphcations received by the City prior to Januars |st. 2006 will be clignâ€" ble for the 2005 rate for Criy Development Charges, The tuning of issuance of Permits will be dependent an Staff‘s abiiny to process them. â€" Additional Rate Increase The City of Waterloo is reviewing its 2002 Development Charge Background Study and Byâ€"law. meluding updatâ€" ing anticipated growth servicing costs and residentral and nonâ€"residential growth forecasts. M present. based on anticipated project costs and forecasts. there is the apparent need for substantial residenâ€" tial and nonâ€"residential Development Charge rate increases, beyond the annual increase to be implemented on January 1. 2006. It is anticipated residential Development Charges could increase approximately 45% {(from $6500 today for a single detached unit to approximately $9500.) while nonâ€"residential charges could increase approvimately 70% (from $18.24 per sq. m. today to approximately $31.00). Stail antrcipates finalizing the Background Studs and Baâ€"law caris in 2006. This wall involve making the Background Study and Bs â€"hiw asailable for review and the holding of a Public Meeting. at which members of the public may make representations to City Council. Until the Background Study is complete. it is not possible to definitively determine the new proposed Development Charge rates. t is anticipated the new Development Charges wili be in effect on at about March 1. 20(6.. Onls full Buiding Permit Applications recerved by the City prior to the etfectine date af the new Baâ€"liaw sull be eligible for rates in effect prior to the new Byâ€"law. The trming of issuance of Permits will be dependent on Saffis abilty to process them Prior to completing the Background Study and presenting it to Council, Staff currently anticipate holding an informal Industry meeting in December. If you would like notice of the meeting, please contact the following: Scott Nevin, Senior Policy Planner City of Waterioo Phone: 747â€"8546, fax: 747â€"8523 Public Information Session / Workshop Heritage Conservation District Study â€" Phase 2 MacGregor / Albert Neighbourhood You are invited to attend a Public Informatron Session _ Workshop to be held on: Tuesday. December 6. 2005 7:380 to 400 pam. Hauser Haus, 2nd Floor, Waterloo Memorial Recreation Complex 101 Father David Bauer Drive Uhe City of Waterioo is conducting a study to evaluate the merits of establishing a Hentage Cansersation District in the MacGiregor Albert Neimwhhourhaad Before proceeding to the Hentage District Plan Phase 3. the Cats would like to determine the level of support trom area residents tor a Hentage Conservation District Plan in the newwhhourhoad The Public Information Session _ Workshop is an opportunity. to express your ideas on what vlements are important to include in the plan, and what are not. We will also answer any questions you may have and explain the next steps in the planning process Should you have any questions regarding this workshop, please contact the City of Waterloo Development Services staff at the numbers Iistâ€" ed below Don Roth Damelle Ingram Development Services â€" Development Services City of Waterion City of Waterlon Tel (519) 747â€"8756 Tel. (§19) 747â€"8773 email: snevin@city.waterloo.on.ca THE CITY OF Waterloo STUDY BOUNDARY MAP waes â€" Cl Waterioo For more information, please contact City of Waterloo 100 Regina St. South Waterloo, Ontario N2J 4A8 P 519â€"886â€" 1550 F 519â€"747â€"8760 www.city.waterloo.on.ca