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March 12, 2004
City of Toronto hosts development charge consultation workshops
  
The City of Toronto will host two public consultation workshops, in preparation
for a new development charges by-law, prior to the statutory public meeting of
the Policy and Finance Committee on May 6, 2004.

Development charges assist in financing capital projects required to meet the
increased need for services resulting from growth and development. The revenues
collected from these development charges go towards funding the capital costs
of providing services such as: roads, sewers, water works, parkland
development, recreation facilities, transit vehicles and infrastructure,
library facilities and materials, childcare, shelter and housing and fire
protection facilities.

The City completed a draft development charges background study and by-law, in
preparation for the expiry of the current by-law on July 29, 2004. The
workshops will review the findings of the study and provide an opportunity for
those interested to provide comments.

A general public workshop, on Monday, March 29, 2004 from 7 to 10 p.m. at St.
Lawrence Hall, 157 King St. E., will be of interest to city residents, special
interest and community groups and ratepayer associations.

A business associations and development industry workshop will be held on
Wednesday, March 31, 2004, from 1 to 4 p.m., at the North York Civic Centre,
Council Chambers, 5100 Yonge St.

Registration is required and accepted by phone at 416-392-9365.

Comments can also be submitted to: Special Projects Division, City of Toronto
Finance, City Hall, 7th Floor, East Tower, 100 Queen St. W., Toronto, ON, M5H
2N2. Voice mail messages can be left at 416-392-3179 and e-mail message can be
sent to devcharges@toronto.ca

For more information on the City of Toronto's development charges review,
including a copy of the draft development charges background study and by-law,
please visit the City's Web site at
http://www.toronto.ca/finance/dev_charges04.htm

Media Contacts:
Joe Farag, Director, Special Projects, City of Toronto Finance,
416-392-8108
Cindy Bromley, Finance Communications Manager, 416-392-4993



 

 

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