Development Cost Charges
Under Section 559 of the Local Government Act, a municipality can establish development cost charges (DCCs), which are charges levied on new development to assist in funding the cost of upgrading or providing infrastructure services, and acquiring and developing parkland needed to support new development. DCCs can be collected to help pay for transportation, drainage, water and sanitary infrastructure, as well as parkland acquisition and development.
The City of New Westminster has collected DCCs on developments in the Queensborough area since 1995. In 2005 the City expanded the DCC program to include charges for the Mainland. DCCs are collected from all development that imposes a new capital cost burden on the municipality.
In 2007, the City initiated a comprehensive review of its development cost charges program to better reflect the infrastructure and park needs of growth that were identified in Engineering and Parks plans. City Council gave approval to DCC Bylaw No. 7311.
In 2015, the City of New Westminster has completed an update of City’s Development Cost Charge (DCC) program for transportation, water, sanitary and drainage. The update focuses on project cost estimates and new infrastructure to support development growth. The Amendment Bylaw No. 7770, was adopted on October 26, 2015. New DCC rates come into effect on January 1, 2016.