Why Update the Parks DCC Bylaw?
Development cost charge bylaws must be reviewed periodically to ensure consistency with development, and to accurately reflect construction costs.
The last update of the Parks DCC rate was completed in 2016. Since then, the following changes have taken place:
The District is now revisiting its Parks DCC rate to reflect these changes.
Why Does the District Levy Parks DCCs?
Cost are levied to help pay for the costs of acquiring and developing parks to meet the needs and impacts of growth within the community.
Who Pays for Parks DCC’s?
How Much is Lake Country Projected to Grow?
The existing DCC bylaw is based on 20 years of Growth at 3.1% per year from 2016 to 2035. The recently adopted Official Community Plan is also based on 3.1% growth per year as one of its projected rates. In order to align with these two documents, the Parks DCC analysis draws on the same projections as the Existing 2016 DCC background report.
What are the Proposed DCC Charges?
Please refer to Section 6.0 in the Parks Development Cost Charge Bylaw Background Report covers rates.
What do Parks DCC’s Pay For?
Parks DCC’s can be levied for:
Parkland and improvement needs must be related to growth. By legislation, Parks DCC’s cannot be used to pay for:
What Types of Parks Will the DCC’s Pay For?
Parks DCC’s will be used to acquire and develop active park types in the following classifications:
Parks DCC’s will not be used for:
How Much New Parkland is Projected?
The District currently provides parks developed for active recreation purposes at a rate of 2.3 hectares / 1,000 population. The new Parks DCC program aims to maintain this rate as Lake Country continues to grow. This totals 20 hectares over 15 years based on growth projections.