Land levies set to almost double in 2012
With rising land levies for future development to be adopted by the city, developers had the chance to voice their concerns.
On Wednesday, the city hosted the first land developers’ forum of the year. City planner Yves Richard and city manager Robert Cotterill explained to the crowd the city’s plans to increase land levies for the development of property.
The city is planning to increase levies from $19,500 per acre in the West Hill area and $11,750 per acre everywhere else in the city to $39,826 per acre.
“To be able to accommodate growth for the next 25 years and to be sure we have enough money to accommodate that growth, we need to increase levies,” said Richard.


