HomeMy WebLinkAboutAFC 2022-06-27 Agenda.pdfCity of Maple Ridge
Audit & Finance Committee
AGENDA – REGULAR MEETING
Monday, June 27, 2022 at 1:00 pm
Held via Zoom Teleconference and hosted
in the Blaney Room, Maple Ridge City Hall
Meeting Access Information
Due to the COVID-19 pandemic we will be holding the Audit & Finance Committee (AFC) meeting in
a hybrid format. Members of the AFC and the public can join the meeting in-person in the Blaney
Room at Maple Ridge City Hall or remotely using the following access information:
Join the meeting from your computer, tablet or smartphone
https://mapleridge-ca.zoom.us/j/84014679984?pwd=WWJOWm84TmJSU0kxYlpsc3Z6ejZzZz09
Or join the meeting using your phone
Dial: 1-778-907-2071 Meeting ID: 840 1467 9984 Passcode: 874077
1.CALL TO ORDER
2.APPROVAL OF THE AGENDA
3.ADOPTION OF MINUTES – June 13, 2022
4.DELEGATIONS – NIL
5.NEW AND UNFINISHED BUSINESS
5.1 Development Cost Charges Update
6.QUESTION PERIOD FOR THE PUBLIC
7.NOTICE OF CLOSED MEETING – NIL
8.ADJOURNMENT
Next Meeting: July 4, 2022
Agenda Submission Deadline: June 27, 2022
QUESTION PERIOD
Question Period provides the public with the opportunity to ask questions or make comments on
subjects that are of concern to them. Each person will be given 2 minutes to speak.
Up to ten minutes in total is allotted for Question Period.
mapleridge.ca
City of Maple Ridge
Audit & Finance Committee
MEETING MINUTES
The Minutes of the Regular Meeting of the Audit & Finance Committee
held virtually and in the Blaney Room, City Hall on June 13, 2022 at 1:00 pm
COMMITTEE MEMBERS PRESENT
Mayor Morden, Chair
Councillor Gordy Robson
Councillor Judy Dueck
STAFF MEMBERS PRESENT
Scott Hartman Chief Administrative Officer
Catherine Nolan Deputy Director of Finance
Trevor Thompson Director of Finance
Arsh Dhillon Committee Clerk
*Participated remotely due to the COVID-19 pandemic.
1.CALL TO ORDER – 1:00 pm
2.APPROVAL OF THE AGENDA
R/2022-AFC-007
It was moved and seconded
That the agenda for the June 13, 2022 Audit & Finance Committee Meeting be approved with
amendments to change the Next Meeting date to June 27, 2022.
CARRIED UNANIMOUSLY
3.ADOPTION OF MINUTES
R/2022-AFC-008
It was moved and seconded
That the minutes of the April 25, 2022 Audit & Finance Committee Meeting be adopted as
circulated.
CARRIED UNAMIMOUSLY
4.DELEGATIONS – NIL
5.NEW AND UNFINISHED BUSINESS
5.1. Overview of Financial Policies
The Deputy Director of Finance provided an overview of the following financial policies: Financial
Sustainability Plan, Gaming Revenue, and City Lands Disposition Proceeds. The committee
provided feedback on the existing policies and future considerations.
5.2. Overview of Financial Reserves
The Deputy Director of Finance provided an overview of Accumulated Surplus, Reserve Funds,
Reserve Accounts, and Restricted Revenues. The committee provided feedback regarding
future considerations and policy direction.
3.0
~_..--,_. __
mapleridge.ca
Audit & Finance Committee Meeting Minutes
June 13, 2022
Page 2 of 2
6.QUESTION PERIOD – NIL
7.ADJOURNMENT at 2:20pm
Mayor Mike Morden, Chair
5.1
TO:
FROM:
City of Maple Ridge
mapleridge.ca
His Worship Mayor Michael Morden
and Members of Council
Chief Administrative Officer
MEETING DATE: June 27,2022
FILE NO: 05-1825-02
MEETING: Audit& Finance
SUBJECT: Development Cost Charges Imposition Amending Bylaw
EXECUTIVE SUMMARY:
Development Cost Charges (DCCs) are levies collected to assist with funding infrastructure
and parks required to service new development or growth. DCCs are a restricted funding
source as they can only be collected for certain types of projects, as set out in legislation, and
can only be used for the projects included in the DCC Imposition Bylaw.
An update is required to the DCCs Imposition Bylaw (Appendix A) to ensure the levies reflect
updated infrastructure plans and current capital costs. The last DCC rate adjustment was in
2017 and was based on 2016 capital costs. When amending DCC rates there are many
considerations which are described in the background of this report. As this is still considered
a minor amendment not all assumptions can be revisited. A major DCC bylaw amendment will
be required as infrastructure master plans and development assumptions are amended.
For th is bylaw amendment, approval by the Inspector of Municipalities is required, as is public
and stakeholder consultation.
It should come as no surprise that the cost of land and construction in the lower mainland
have increased significantly over the last six years. The development community is likely more
attuned to this than most. There are limited options when it comes to funding this
infrastructure. The DCC rate increase required to fund the infrastructure associated with this
growth is in the range of 105% to 163%.
RECOMMENDATION:
That the Development Cost Charge Imposition Amending Bylaw be brought to Council for first
reading.
DISCUSSION:
a) Background Context:
What are Development Cost Charges {DCCs)?
DCCs provide the authority to recover development-related costs for roads, sewers,
drainage and water works as well as parkland acquisition and park development. DCCs
allow the City to apportion costs of certain types of infrastructure among land
developers.
Council needs to ensure that in the process of developing DCC bylaws, they consider
their responsibility of balancing the need for infrastructure and associated costs with
the impacts that this may have on development.
Doc#31O1365 Page 1 of 4
Local Governments are required to consider whether the proposed DCCs will:
• be excessive in relation to the capital cost of prevailing standards of
service;
• deter development;
• discourage the development of reasonably priced housing or
reasonably priced serviced land; or
• discourage development designed to result in low environmental
impact.
The rates charged (DCCs) are the outcome of complex models involving the planning
and costing of future infrastructure projects, and projecting of future development
activity. The assumptions used in these models are amended to reflect changes in the
underlying plans and updated information.
Why is a bylaw update required?
Maple Ridge is a growing City and depends on DCCs to fund some of the infrastructure
associated with growth. DCCs are typically the largest source of funding in the Capital
Program. It is for this reason, that the DCCs are kept up to date with current costs and
infrastructure plans.
The cost of land purchases has increased significantly over the last few years and if
we are to continue to purchase the land planned then we need to increase the DCCs
or look to further supplement development through other sources such as Property
Taxes.
The bylaw update process.
The DCC Imposition Amending Bylaw will first be taken to Council for First reading and
to stakeholders for feedback. Input and feedback will be sought through the
developer's forum, a newspaper ad and through the website and social media.
Background material including a complete listing of capital projects, staff reports and
a link to the Council presentation will be provided on our website for those that wish to
review the material prior to providing feedback. Feedback will be presented to Council
prior to considering Second and Third readings of the Bylaw. The Bylaw and supporting
documentation are then sent to the Ministry for review and approval. Once approval is
provided the Bylaw can be adopted.
Once the DCC Amending Bylaw is adopted by Council, the DCCs are effective for new
applications. Any precursor applications which are instream on the date the Bylaw is
adopted will pay the rate in the existing bylaw, if issued within 12 months from the date
the Bylaw is adopted. Precursor applications, as defined in S. 568 of the Local
Government Act, must be in a form satisfactory to the local government officer and
align with development approval procedures.
Future DCC Imposition Bylaw amendments
Rates are permitted to be adjusted as often as annually, without Ministry approval as
long as the rate increases are less than the Vancouver Consumer Price Index (CPI) and
the bylaw was approved by the Ministry within the last four years. If rate increases are
in excess of the CPI, a minor bylaw amendment should still occur. It would simply take
a bit longer as the approval process is more involved. Unsecured grants are not
permitted to be considered in funding DCC projects. If significant grants are received
for projects, such as the 240 Street Bridge or Abernethy Corridor, then DCCs could be
reduced relatively quickly with the Ministry expediting their approval process.
Doc#3101365 Page 2 of 4
How do we compare?
Maple Ridge DCCs, both current and proposed, are compared to other local
municipalities in Appendix B, to provide some context of our rates compared to others
and the impact of the proposed rate increases have on our relative ranking. Each
community's infrastructure needs, growth assumptions and distribution of costs both
through different development types as well as portions of capital costs covered
through non-DCC sources will vary. Communities with similar profiles will often have
very different rates. What is important is that the projects included in the DCC Bylaw
are based on the prevailing standards of services and the cost distribution is fair and
equitable.
b) Desired Outcome:
DCC's that align with the City's plans for development and infrastructure, are certain,
fair and equitable and to the extent possible that the benefiter pays.
c) Business Plan/Financial Implications
The long-term Capital Program and Financial Plan Bylaw were updated to reflect
current costs, future infrastructure needs and are in alignment with the calculations in
the draft DCC Imposition Amending Bylaw.
d) Alternatives
1. Delay Increase
With a rate increase of this magnitude, it is likely that the development community
would be interested in a delay in the effective date of the Bylaw and/or a phased-
in rate increase. This would ensure that their current projects profitability is not
impacted or are less impacted by the rate increases. Council must consider what
recent market appreciation has been as well as other cost drivers such as inflation,
labour shortages, supply chain delays all of which may impact the development
proformas. If a phased-in charge is considered, the subsidy of the phase-in would
be born by general taxpayers having existing property owners paying for a larger
amount of the cost of infrastructure associated with growth, either through
increased property taxes or spending of accumulated surplus that would otherwise
be spent on other capital needs.
2. Area Specific DCC
Another option is to begin work on creating an additional Area DCC for an area that
generates more infrastructure costs to develop than others. The extension of
Abernethy from 240 to 256 Street, at an estimated cost of approximately $50
million, to better serve the 256 Street industrial lands could be considered outside
of the Citywide DCC rate. If this project was removed from the Citywide DCC
Amending Bylaw currently being drafted, the increase in rates would be reduced
by approximately one third.
Such a change would require an additional DCC Bylaw and background reports to
ensure development assumptions and costs are reasonable. This would serve to
capture a portion of the land lift or value generated by creating better access. This
may be coupled with borrowing to expediate value increases, industrial
development and associated jobs created. This seems to align with Council's
Strategic priority of economic development. This approach is likely the one that will
be recommended with the Thornhill Area, once plans are better known on
development potential and infrastructure servicing costs.
Doc#3101365 Page3 of 4
CONCLUSION:
DCCs are one of the key funding sources to fund infrastructure required due to new
development or growth. Given the market appreciation in the lower mainland and costs of
construction, an update to the DCC Imposition Amending Bylaw is required.
Prepared by: Trevor horn s n, BBA, CPA, CGA
Director of Fi ance & Chief Financial Officer
Approved by: Christina Crabtree
General Manager, Corporate Services
Concurrence: Scotil-lartman
Chief Administrative Officer
Attachments:
Appendix A: Draft Development Cost Charge Imposition Amending Bylaw
Appendix B: DCC Rate Comparisons
Doc#31O1365 Page 4 of 4
City of Maple Ridge
Bylaw No. 7863-2022
A Bylaw to Impose Development Cost Charges
APPENDIX A
WHEREAS, Council has considered the phasing of works, services and provision of parkland described in
the Official Community Plan and how development designed to result in a low environment impact may
affect the capital costs of infrastructure related to Development Cost Charges.
AND WHEREAS, Council does not consider the charges imposed by this bylaw:
a. As excessive in relation to the capital cost of prevailing standards of service;
b.Will deter development;
c.Will discourage the construction of reasonably priced housing or the provision of reasonably priced
serviced land in the city; or
d. will discourage development designed to result in low environmental impact.
NOW THEREFORE, the Council of the City of Maple Ridge enacts as follows:
1.Citation
This Bylaw may be cited for all purposes as "Maple Ridge Development Cost Charges Imposition
Amending Bylaw No. 7863-2022"
2.Definitions:
For the purposes of this bylaw:
Apartment means a residential use where the building or buildings on a lot are each used for three
or more dwelling units. It does not include Townhouse or Street Townhouse.
Apartment -Affordable Rental below Market -affordable means housing cost that is 30 per cent
or less of household's gross income and below market rental housing is housing with rents lower
than average in private-market rental housing. For purposes of ensuring the units remain in this
use for a minimum of 20 years a Housing Agreement or covenant on the property is required.
Apartment -High Density means apartments that are six storeys and above.
Apartment -Not-for-Profit Rental below Market means rental housing with rents not in excess of
80% of the average market rate for Maple Ridge as identified or reported in Canada Mortgage
Housing Corporation's most recent rental market survey. For purposes of ensuring the units
remain in this use for a minimum of 20 years a Housing Agreement or covenant on the property is
required.
Apartment -Seniors Affordable Rental below Market means Apartment Affordable below Market
rental and seniors means an adult aged 55 or older. BC Housing programs, partners and housing
providers may define a senior by a different age.
Building Floor Area (BA) means the total combined floor areas of all storeys, including all
mezzanine floor areas, measured to the outer surface of the exterior walls, but does not include
any floor area used exclusively for parking. Except for Atriums or other open interconnected floor
spaces, the total building floor area will include exit stairs, stair shafts, elevator shafts and all other
vertical service spaces that may penetrate one or all of the floors.
Building Permit means permission or authorization in writing by the Chief Building Official, Permits
and Inspection Services to perform building construction in accordance with applicable statutes
and regulations.
Commercial Development means development of a parcel for commercial use as described in the
Maple Ridge Zoning Bylaw or similar development that is of a commercial nature, including but not
limited to uses such as accommodation, automotive, retail, food and beverage, entertainment,
office, personal services, recreation, retail and the cultivation, processing, testing, packaging or
shipping of marihuana.
Duplex means a two family residential use where the building lot is used for two dwelling units.
Dwelling Unit (DU) means one or more rooms used for the residential accommodation of only one
family when such room or rooms contain or provide for the installation of only one set of cooking
facilities.
Gross Site Area means the whole or portion of a parcel(s) to be improved as part of the
development authorized by a building permit and includes all vehicular and pedestrian circulation
areas, loading, parking, storage, works, decorative and landscaped areas appurtenant to the
authorized development.
Highway means any street, road, land, trail, bridge, viaduct and any other way open to the use of
the public.
Housing Agreement mean the owner enters into a lease agreement with a Public Housing Body by
which the Public Housing Body agrees to sublet and operate the units for at least 20 years.
Industrial Development means "industrial use" as defined by Maple Ridge Zoning Bylaw.
Institutional Development means any development that is created and exists by law or public
authority for the benefit of the public in general, and includes, but is not limited to, public
hospitals, public and private schools and churches.
lnstream is as defined under S.568 of the Local Government Act
Lot means additional lot(s) created at subdivision
Parcel means any lot, block, strata lot or other area in which land is held or into which land is
subdivided, but does not include any portion of a highway.
Precursor Application is as defined under S.568 of the Local Government Act
Public Housing Body means the Canada Mortgage and Housing Corporation (CMHC), BC Housing
Management Commission, and any housing society or non-for-profit municipal housing corporation
that has an agreement regarding the operation of residential property with the government of
British Columbia, the BC Housing Management Commission or the CMHC.
Single Family Residential means a residential use where the building lot is used for one dwelling
unit and other uses as permitted.
Social Housing means apartments that have a government or non-profit housing partner that owns
and operates them.
Street Townhouse means one dwelling unit vertically attached to one or more dwelling units (i.e.
triplex or fourplex) with each dwelling unit located on a lot abutting a street. For the purposes of
this bylaw, it does not include a Duplex.
Subdivision means the division of land into two or more parcels, whether by plan or by metes and
bounds description or otherwise, and includes a plan consolidating two or more parcels into a
fewer number of parcels.
Townhouse means a single building comprised of three or more dwelling units separated one from
another by party walls extending from foundation to roof, with each dwelling unit having a
separate, direct entrance from grade and does not include Street Townhouse.
Unit means additional unit(s) built in support of a building permit.
3. Payment of Development Costs Charges
Every person who obtains approval of a subdivision of a parcel or a building permit must pay
Development Cost Charges in accordance with Schedule "A".
For a combined land use development, the Development Cost Charge is calculated as the sum of the
Development Cost Charges for all uses.
The Development Cost Charges imposed must be paid:
a. In the case of the subdivision of a parcel, at the time the subdivision is approved; and
b. In the case of obtaining a building permit, at the time the building permit is issued.
4. Exemptions
Pursuant to the Local Government Act and subject to regulations by the minister under S.561(11), a
Development Cost Charge is not payable if any of the following applies in relation to a development:
a. the building permit is for a place of worship that will be exempt from taxation under the
Community Charter;
b. the value of the work authorized by the building permit does not exceed $50,000;
c. the dwelling unit is no larger than 29 square meters;
d. the development does not impose new capital cost burdens on the municipality;
e. the Development Cost Charge has previously been paid for the same development unless, as
a result of further development, new capital cost burdens will be imposed on the City.
Pursuant to S.561(6) of the Local Government Act, a Development Cost Charge is payable for work that
will, after the construction, alteration or extension, contain fewer than 4 self-contained dwelling units.
5. Severability
If any portion of this bylaw is found invalid by a court, that portion be severed and the remainder of the
bylaw will remain in effect.
6. Effective Date
This bylaw will come into force on the later of November 1, 2022 and the date it is
adopted by Council.
7. Repeal
Maple Ridge Development Cost Charge Imposition Bylaw No.7320-2017, is hereby repealed except in
the case of:
a. Precursor applications for subdivision of land that are instream on the effective date and
which are completed within one year of the effective date; and
b. Precursor applications for building permits that are instream on the effective date and which
are issuable within one year of the effective date, in which case, Maple Ridge Development
Cost Charge Imposition Bylaw No.7320-2017, shall apply.
Maple Ridge Development Cost Charge Imposition Bylaw No. 6320-2017 shall be wholly repealed one
year from the effective date.
8. Schedules
Schedule "A" attached hereto form part of this bylaw.
Read a first time this day of ______ 20
Read a second time this __ day of ______ 20
Read a third time this __ day of ______ 20
Approved by the Inspector of Municipalities this ___ day of ______ 20
Adopted this __ day of _____ 20
Presiding Member Corporate Officer
Single Family Residential
Duplex
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
Townhouse
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
Street Townhouse
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
Apartment
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
per additional Jot
per additional dwelling unit
$26,828
3,733
4,525
2,649
12,950
$50,685
per m 2 of BA
$154.78
13.40
29.01
16.98
83.01
$297.18
per m 2 of BA
$123.82
8.93
29.01
16.98
83.01
$261.76
per m 2 of BA
$143.72
8.30
30.53
17.87
87.36
$287.78
Apartment High Density
(6 Storey and above)
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
Apartment -Affordable Rental Below Market
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
Apartment -Social Housing, Non-for-Profit Rental Below Market
or Affordable Rental-Seniors
Servicing Type
Road
Drainage
Water
Sanitary Sewer
Open Space
Total
per m 2 of BA
$107.79
3.11
26.93
15.77
77.08
$230.68
per m 2 of BA
$107.79
8.30
30.53
17.87
87.36
$251.85
per m 2 of BA
$26.35
8.30
19.75
11.56
33.92
$99.88
Commercial
Servicing Type
Road
Water
Sanitary Sewer
Open Space
Drainage
Total
Institutional
Servicing Type
Road
Water
Sanitary Sewer
Open Space
Plus
Drainage
Industrial
Servicing Type
Road
Water
Sanitary Sewer
Open Space
Drainage
First Floor
per m 2 of BA
$80.49
18.85
6.62
0.00
13.07
$119.03
Non-Municipal
per m 2 of BA
$12.79
9.44
5.52
0
per ha. of gross site area
52,268
per m 2 of BA
$26.83
11.55
6.76
0.00
13.20
$58.34
Additional Floors
per m 2 of BA
$40.24
9.43
3.31
0.00
0.00
$ 52.98
Municipal
$0
0
0
0
0
DCC Rate Comparisons
Coquitlam (Proposed) 2022
Maple Ridge (Proposed) 2022
Surrey 2021
Richmond (Proposed) 2021
Langley, Township 2020
Abbotsford 2021
Chilliwack 2021
Richmond (Current) 2006
Mission 2018
Maple Ridge (Current) 2017
Port Coquitlam (Area 2) 1992
New Westminster 2022
Pitt Meadows 2018
Maple Ridge (Proposed) 2022
Coquitlam (Proposed) 2022
Surrey 2021
Langley, Township 2020
Richmond (Proposed) 2021
Chilliwack 2021
Richmond (Current) 2006
Abbotsford 2021
Maple Ridge (Current) 2017
Mission 2018
Port Coquitlam (Area 2) 1992
Pitt Meadows 2018
New Westminster 2022
Single Family DCC (per lot)
16,299 14,087 14,062
-27,994 24,86023,237 22,465
Town house DCC* (per m 2)
I i I I J I I I I -,-... I I �r� r -r-1-1-,-r-•1 1 ,. I I 1-r I ··-1--1-1 7 ·-I
I
l I
I -, ·-1-�70 f -·--I -I.... I-�--' l■I
r I I I I I
----,� �
·r -i-1�-r!JIit -,. -r
I I I I 154 I I -1-1 134 I I I '
l �
134 ' 125 125 -
1 82 74
APPENDIX B
50,686 ■Water
■Sewer
■Drainage■Roads■Parks
I I I I I " I -T 29 I I I 7 275 ' I I 257 I I I 247 I r ' 245 7�-, I
■Water
■Sewer
■Drainage
■Roads
■ParksI I I-
* Unit to m2 : Abbotsford, Coquitlam, Chilliwack, Langley, Pitt Meadows, Port Coquitlam* ft2 to m 2 : New Westminster, Richmond, Surrey
60,422
45,741
41,866 j
1 39,394
35,645
Langl ey, Townshi p 2020
Surrey 2021
Maple Ridge (Pr o posed) 2022
Coquitl am (Proposed) 2022
Richmond (Proposed) 2021
Chilliwack 2021
Port Coquit lam (Area 2) 1992
Richmond (Current) 2006
Maple Ridge (Current) 2017
Mission 2018
Pitt Meadows 2018
Abbotsford 2021
New Westminste r 2022
Apartment DCC* (per m 2) .... I I I
I -------■ --I I
•--' , ----I --1 -
-~
~I ~ 167
--· ~ ---•
•--
162
I r-J
i■-■1 ,~
132
--,
r-=f■ I 116 ----, r r■1 110 _ .......
106
11:1 ••-80
I I I ,~ I
311
294 .-
'
i 288 I -
270
I 258
I-226
,_
■ Water
■ Sewer
■ Drainage
■ Roads
■ Parks
I
* Unit to m2 : Abbotsford , Coquitlam , Chil liwack, La ngley, Pitt Meadows, Port Coquitlam
* ft2 to m 2 : New Westminster, Richmond, Surrey
Commercial DCC* (per m2)
Mission 2018
Port Coquitlam (Area 2) 1992
Richmond (Propose d) 2021
Surrey (Ground Floor) 2021
Langley, Town ship 2020
Richmond (Cur rent) 2006
Maple Ridge (Proposed) 2022
Abbotsford 2021
Coqui t l am (Proposed) 2022
Surrey (Other Floors) 2021
Chi ll iwack 2021
Maple Ridge (Current) 2017
New W estminster 2022
45
45
102
101
121
119
l 179
137
■ Water
■ Sewer
■ Drainage
■ Roads
■ Parks
198
Pitt Meadows 2018 ~~~~~_2!~_L _J_ __ L _ _J_ __ J_ _ __J __ J_ _ _J
* ft2 to m 2 : New Westminster, Richmond, Surrey
Industrial DCC* (per m 2)
Richmond (Proposed) 2021
Richmond (Current) 2006
Abbotsford 2021
Maple Ridge (Proposed) 2022
Coquitlam (Proposed) 2022
Langley, Township 2020
Mission 2018
Chilliwack 2021
Surrey (Ground Floor) 2021
Maple Ridge (Current) 2017
Pitt Meadows 2018
Port Coquitlam (Area 2) 1992
Surrey (Other Floors) 2021
New Westminster 2022
I ·-·--~--··-111 1 --· 29
lmll-
I
24
■--~ 24
--■-..I. 23
I•• 23
I
·--1 16
-~ 13 ~ 10 I
I
-------..
33
* ft2 to m 2 : New Westminster, Richmond, Surrey
I
64
I
58
58
I
Institutional DCC* (per m 2)
Port Coquitlam (Area 2) 1992
Richmond (Proposed) 2021
Abbotsford 2021
Richmond (Current) 2006
Mission 2018
Coquitlam (Proposed) 2022
Langley, Township 2020
Surrey 2021
Chilliwack 2021
Maple Ridge (Proposed) 2022
Maple Ridge (Current) 2017
New Westminster 2022
Pitt Meadows 2018
I
IJ I -
ll• I
••·
a,
r::a ·-
~-
l!l'!IIIII _,_
l'CJ -■
l!al .....
I
l'!!I ■--: 18
···-18 '
··-16
I
--
■
I
46
* ft2 to m 2 : New Westminster, Richmond, Surrey
I I I
89
84
70
I I
• 129
I
96
■ Water
■ Sewer
■ Drainage
■ Roads
■ Parks
I I I
17 9
■ 166
I
157
-121
I
113
101
■ W ater
■ Sewer
■ Drainage
■ Roads
■ Parks
Maple Ridge Rate Comparison Existing to New Proposed Rate
Development Type DCC New DCC J Increase Increase% Unit Basis
Single Family Residential/ Duplex $22,465 $50,686 $28,221 126% Dwelling Unit
Townhouse $134 $297 $163 121% Sq. m. of BA
Townhouse Street $122 $262 $140 115% Sq. m. of BA
Apt. -Low to Med. Density $132 $288 $155 117% Sq. m. of BA
Apt-High Density $109 $231 $122 112% Sq. m. of BA
Apt -Affordable Below Market $120 $252 $132 110% Sq. m. of BA
Apt. -Social/Affordable Senior & Sig. Bel< $49 $100 $51 105% Sq. m. of BA
Commercial $45 $119 $74 163% Sq. m. of BA
Industrial $23 $58 $36 156% Sq. m. of BA
Institution -Non-municipal $72,890 $185,832 $112,942 155% Ha. of GSA