Title
EXECUTION OF DEFERRAL AGREEMENTS
Moved by: Councillor M. Prowse
Seconded by: Councillor B. Ward
That the Mayor and City Clerk be authorized to enter into a Deferral Agreement(s) under section 27 of the Development Charges Act to permit the developer(s) to pay the then applicable development charges on the date the first building permit (including a conditional permit) is issued in relation to a building or structure on land to which the development charge applies, notwithstanding the requirements of section 6 (d) of By-law 2014-108 (the Barrie City-Wide and Area Specific Development Charges By-law), subject to:
a) A complete application for Draft Plan of Subdivision approval has been received and accepted by the City on or before August 1, 2014; and
b) The associated Subdivision Agreement has been registered on or before December 1, 2014. (File: F21)
Note: Please see A5 on the Circulation List