Development Charge Exemption for Industrial Development
No fixed amount
Grant
Description:
If development includes the enlargement of the gross floor area of an existing industrial building, the amount of the development charge that is payable in respect of the enlargement is determined in accordance with Section 4 and Regulations of the Ontario Development Charge Act, 1997, c. 27.
Comments on Funding:
If the gross floor area is enlarged by 50 per cent or less, the amount of the development charge in respect of the enlargement is zero. 1997, c. 27 s. 4(2)
Continuous Intake
Eligibility:
Applicants must be developers and property owners in Waterloo Region
Application Steps:
Applicants must consult the finance department of the appropriate municipality.
Documentation Needed:
No specific documentation has been identified
Other Things to Note:
About the author
Maurice
