046-2015 - Development Charges - Final and Complete

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THE CORPORATION OF THE TOWN OF LAKESHORE BY-LAW NUMBER 46-2015 A by-law for the imposition of development charges WHEREAS the Town of Lakeshore will experience growth through development and redevelopment; AND WHEREAS development and re -development requires the provision of capital works by the Town of Lakeshore; AND WHEREAS Council desires to ensure that the capital cost of meeting growth -related demands for or burden on municipal services does not place an excessive financial burden on the Town of Lakeshore or its existing taxpayers while at the same time ensuring new taxpayers contribute no more than the net capital cost attributable to providing the current level of municipal services; AND WHEREAS the Development Charges Act, 1997 (the "Act') provides that the council of a municipality may by by-law impose development charges against land to pay for increased capital costs required because of increased needs for services; AND WHEREAS a development charge background study has been completed in accordance with the Act; AND WHEREAS the Council of The Corporation of the Town of Lakeshore has given notice of and held a public meeting on the 26th of May, 2015 in accordance with the Act and the regulations thereto; NOW THEREFORE the Council of the Corporation of the Town of Lakeshore enacts as follows : 1. INTERPRETATION 1.1 In this By-law the following items shall have the corresponding meanings: "Act" means the Development Charges Act, 1997, S.O. 1997, c.27, as amended, or any successor thereof; "Agricultural Use" means the cultivation of land, the production of crops and the selling of such produce on the premises, and the breeding and care of livestock and the selling of such livestock or the product of such livestock raised on the premises and, without limiting the generality of the foregoing, includes aviaries, apiaries, fish farming, animal husbandry, market gardening, and nurseries but excludes any Residential Use;