City of Greater Sudbury development charges are less than half the provincial average for every property class, and are in some cases much lower than that.
With city council in the midst of preparing a new development charges bylaw, Hemson Consulting associate partner Stefan Krzeczunowicz walked the city’s elected officials through the current situation during this week’s finance and administration committee meeting. This is due to past decisions of city council, including most notably a 2019 decision to slash non-residential development charges by 50 per cent and last year’s choice to freeze development charges across the board rather than have them jump by a scheduled 9.9 per cent.
As for industrial developments which he said have high up-front costs, development charges may influence decisions, but he reiterated, “As a general rule there is very little tangible link between the two.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: sudburydotcom - 🏆 6. / 89 Read more »
Source: sudburydotcom - 🏆 6. / 89 Read more »
Source: sudburydotcom - 🏆 6. / 89 Read more »
Source: sudburydotcom - 🏆 6. / 89 Read more »
Source: sudburydotcom - 🏆 6. / 89 Read more »
Source: sudburydotcom - 🏆 6. / 89 Read more »