Close X
Friday, November 15, 2024
ADVT 
National

Surrey: Development Cost Charge Update Open House

Darpan News Desk, 19 Dec, 2019 09:46 PM

    Paying for Growth

    The City of Surrey is proposing a revised series of Development Cost Charges (DCCs). DCCs are levied on new development to help pay for:

    transportation,

    water,

    sewer,

    storm drainage,

    park acquisition, and

    select park development projects necessary to service the community due to growth.


    DCCs are paid by applicants for subdivision approval to create single family lots and for building permits to construct multi-family, commercial, industrial, and institutional development. DCCs are a fair way to distribute growth-related costs across developers.


    Get Involved!

    The 10-Year Servicing Plan establishes the City’s capital expenditure plan for the construction of engineering infrastructure to service existing neighbourhoods and to support new growth across the City. Together with the Parkland Acquisition Program, it also forms the basis for establishing the City’s DCC rates.


    The last DCC update in Surrey was in 2018. Since then, new servicing studies have provided new information on development trends and required capital projects is available. As such, the update includes revisions to growth projections, construction costs and land values, capital programs and current City DCC reserves.


    An important part of the process of reviewing and revising DCC rates is public consultation. This allows those who are interested in or affected by the proposed DCCs to offer comments and input.


    Come Learn More About Proposed DCC Increases


    This open house is designed to provide information on:

    what DCCs are,
    who pays them,
    what the money is used for,
    why DCCs are proposed to be changed,
    how the rates are calculated, and
    what the proposed new rates are.


    Feedback will be gathered and included in an upcoming corporate report to Council.

     

    MORE National ARTICLES

    Jury Selection Underway In Fitness Hearing For Accused Fredericton Shooter

     Jury selection has begun in the hearing to determine if Matthew Raymond — accused of killing four people in a shooting spree in Fredericton in August 2018 — is fit to stand trial.

    Jury Selection Underway In Fitness Hearing For Accused Fredericton Shooter

    Swore On Video: Saskatchewan Hockey Player Suspended For Hit On Goalie Banned

    The Yorkton Terriers released forward Greg Mulhall on Sunday and the league banned him for the remainder of the 2019-20 season.    

    Swore On Video: Saskatchewan Hockey Player Suspended For Hit On Goalie Banned

    Caitlan Coleman Denies Trying To Barter Husband Boyle To Get Chocolate In Captivity

    OTTAWA - Caitlan Coleman denies trying to use her husband Joshua Boyle as a bargaining chip to get chocolate while the pair were held captive by extremists.    

    Caitlan Coleman Denies Trying To Barter Husband Boyle To Get Chocolate In Captivity

    Damning Report From Quebec Inquiry That Looked At Treatment Of Indigenous People

    Damning Report From Quebec Inquiry That Looked At Treatment Of Indigenous People
    The Viens Commission lays out 142 recommendations for the Quebec government in its final report submitted today.

    Damning Report From Quebec Inquiry That Looked At Treatment Of Indigenous People

    Trial To Begin For Suspect In Attack On Edmonton Police Officer, Pedestrians

    A jury is to be chosen today for the trial of a man accused of trying to kill a police officer and of running down pedestrians two years ago in Edmonton.

    Trial To Begin For Suspect In Attack On Edmonton Police Officer, Pedestrians

    Canadian Paraglider Taking Part In Fundraiser Dies On Mount Kilimanjaro

    A Canadian man has died in a parachute accident in Tanzania, where he was taking part in an event where participants paraglide off the summit of Mount Kilimanjaro.

    Canadian Paraglider Taking Part In Fundraiser Dies On Mount Kilimanjaro