PETERBOROUGH (ON) CHAMBER OF COMMERCE | PETERBOROUGH, ON
  • COVID-19
    • Financial Support Programs
    • Business Resources for Recovery
    • Government Responses
    • Workplace Guidelines
    • Webinars
    • Being Healthy
    • Government Advocacy
  • What We Do
    • Influence
    • Profile
    • Knowledge
    • TeamPtbo
  • Find A Member
    • Online Directory
    • Printable Directory
  • Membership
    • Member Discounts
    • Promoting Your Business
    • Annual Report 2018
    • I'm Here Campaign
    • #lovelocalptbo campaign
    • Join Us
  • Events
    • Calendar
    • Peterborough Business Excellence Awards
  • Advocacy
    • Voice of Business
    • Policy Report Card 2018
    • Municipal Business Platform
  • Connect With Your Chamber
    • Join Us
    • Board of Directors
    • Message from the Chair
    • Your Chamber Team
    • Blog
    • Social Media
    • Business Resources
    • Feedback >
      • Accessibility
  • #lovelocalptbo sponsors

Blog
​influence. profile. knowledge.

Proposed development charges not what you think

6/6/2019

0 Comments

 
Picture
On Monday, June 24, 2019 the City will be hosting a public meeting to discuss development charges (DC) in nine new development areas including Lily Lake, Cold Springs and Lift Lock.   

The DC report for Peterborough Utilities Commission looks at the water servicing needs and the cost-recovery for new development.

The study proposes: Area-specific development charges that are calculated for the recovery of water services in the City of Peterborough. This approach results in ten different charges that vary by planning area.

Rate Changes
In the 10 planning areas, only development charges for the Lift Lock and Cold Springs are
increasing (by 2% of the current rate) while non-residential development charges will decrease across all 10 by 12 percent.  The decreases are due to higher development forecasts than in the last study.

Forecast Development

Over the planning period from mid-2018 to build-out, the total number of new residential units in the growth areas will increase by approximately 19,615 which translates into a population in new units of approximately 50,811. The planning area with the largest proportion of growth is Coldsprings, with over 4,700 approved and potential units.

Of the 19,615 new units, 3,929 units have been approved by the City, and the remainder are
potential new units.

The non-residential space forecast prepared for development charges purposes is the basis for the non-residential development charge calculation.  About 854,000 square metres of building space is
forecast to come on-stream over the planning period to build-out. Keeping the City’s activity rate consistent with historical trends, the employment to build-out is forecasted to grow by 21,340 jobs.
Read the Full Report
0 Comments



Leave a Reply.

    Author

    The Peterborough 
    Chamber of Commerce acts as a catalyst to enhance business growth, opportunity, innovation, partnerships and a diverse business community. 

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    September 2015
    August 2015
    June 2015
    May 2015
    April 2015
    January 2015

    Categories

    All

    RSS Feed

Copyright © 2017 Greater Peterborough Chamber of Commerce.  ​All rights reserved.
175 George Street North, Peterborough, ON, K9J 3G6
Phone: (705) 748-9771  |  (705) 743-2331  
Home    |    Calendar    |   Site Map   |    Privacy    |    Accessibility
Join the Chamber
MemberClicks
  • COVID-19
    • Financial Support Programs
    • Business Resources for Recovery
    • Government Responses
    • Workplace Guidelines
    • Webinars
    • Being Healthy
    • Government Advocacy
  • What We Do
    • Influence
    • Profile
    • Knowledge
    • TeamPtbo
  • Find A Member
    • Online Directory
    • Printable Directory
  • Membership
    • Member Discounts
    • Promoting Your Business
    • Annual Report 2018
    • I'm Here Campaign
    • #lovelocalptbo campaign
    • Join Us
  • Events
    • Calendar
    • Peterborough Business Excellence Awards
  • Advocacy
    • Voice of Business
    • Policy Report Card 2018
    • Municipal Business Platform
  • Connect With Your Chamber
    • Join Us
    • Board of Directors
    • Message from the Chair
    • Your Chamber Team
    • Blog
    • Social Media
    • Business Resources
    • Feedback >
      • Accessibility
  • #lovelocalptbo sponsors