Development Charges
Development Charges enable municipalities to collect funds from developers to pay for certain growth-related capital costs.
Issues can arise in the preparation and implementation of development charge by-laws. Loopstra Nixon LLP assists both public and private sector clients with preparation, review and challenge of new development charge by-laws, and disputes as to proper application of existing development charge by-laws to a particular development.
We also have extensive experience negotiating, drafting, and advising in connection with related agreements, including front-ending agreements, deferred payment agreements, development charge credit agreements and other development and cost sharing arrangements.