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Monday, September 17, 2012

Extension of Late Payment Charges

Orillia | by Ken Hashizume  

Expiry date of late payment on development charges extended until January 2013.

More time is being given for developers who are behind in paying development charges to the City of Orillia.

Council has agreed to a staff recommendation to extend the expiry date of late payment charges under the old by-law to January 31, 2013.

Councillor Michael Fogarty says the move is to facilitate some time to bring in a new development charges by-law.

He says the new by-law will cover the new changes.

Fogarty says the City's old development charges by-law is similar to one that was appealed through the Ontario Municipal Board in Peterborough.

He says that by-law has since been repealed and the City is working on developing a new development charges by-law to take its place.

Fogarty says the City can't do business without a development charges by-law.

He says the extension allows them some time to put a by-law in place and fill in some holes.

He says this extension affects mostly residential developers and a small number commercial developers.

The original agreement made between the City and developers was in April of 2011 and is set to expire on September 30th, 2012.

 


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