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Addendum to: Town of NiagaraontheLake Development Charges Background StudyJuly 10, 2018Page 1.Addendum Report to May 17, 2018 Development Charges Background Study 1.BackgroundCommensurate with the
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Development charges are fees imposed on developers to fund the infrastructure needs that arise from new development, such as roads, parks, and public services. Community refers to the collective resources and services provided to residents within a specific area, often funded by these charges.
Developers and property owners who are planning new construction or significant alterations to existing structures are typically required to file development charges.
To fill out the development charges application, developers must provide relevant project details including location, size, type of development, and estimated costs, alongside necessary documentation and any fees required by the local authority.
The purpose of development charges is to ensure that new developments contribute to the costs of public infrastructure and services that support growth, thereby mitigating the financial burden on existing residents.
Information that must be reported typically includes project details (type, size, location), estimated development costs, a breakdown of expected charges, and any supporting documentation that demonstrates the need for infrastructure related to the project.
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