Milton Council Approves New Development Charges
Development charges, fees paid by residential and commercial/industrial developers towards underwriting the construction of important growth-related municipal infrastructure like water and sewer lines, roadways, recreational facilities, etc. over the next five years, don’t get their due from local electronic, online or print media, but setting them properly is one of the most important decisions Milton Council will make during this term.
Earlier this year, Council set those fees for the next half-decade, legislation that will help to underwrite more than $1.4 billion worth of related infrastructure in the community over that time.
Harking back to 1997 and a decision made then by the Council of the day about development charges fees and the local agricultural industry, Council reverted back to that original policy, approving a rebate for 100 percent of the Town development charge payable for any development that met the definition of agricultural tourism or museum, up to a cumulative limit of $40,000. CR