Title
2025 Off-Site Levy Rates and Annual Report (Bylaw 2015-07)
Proposed Motion
That the 2025 Off-Site Levy Rates and Annual Report for Bylaw 2015-07 containing updated Schedules "C" through "G" be tabled to a regular scheduled Council meeting no later than June 24, 2025.
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
Off-Site Levy Bylaw 2015-07 was enacted on April 28, 2015. Section 11 of Bylaw 2015-07 stipulates that or before April 30 in each calendar year, Administration is to submit to Council, an annual Off-Site Levy Report that includes updated Schedules "C" through "G" to be approved by Council resolution on an annual basis. Administration is requesting to postpone review and approval of the updated Schedules "C" through "G" under Bylaw 2015-07 to a regular scheduled Council meeting no later than June 24, 2025.
Summary
As stipulated in Bylaw 2015-07, paragraph 11, Administration is to submit the Off-Site Levy Annual Report and updated Bylaw Schedules to Council on or before April 30 of each year. The Annual Report summarizes new growth projects and the change in rates due to the current market conditions. The change in rates is subsequently summarized in the bylaw schedules and approved by Council.
Administration previously requested that the report and updated bylaw schedules be tabled to May 27, 2025. At this time, Administration is requesting an additional extension to a scheduled Council Meeting no later than June 24, 2025, to allow the Off-Site Levy Committee additional time to review updates to the off-site levy model and continue to engage with industry stakeholders regarding the 2025 rates.
Strategic Plan/Policy/Legal/Staff Implications
The Off-Site Levy Program aligns with the Parkland County Strategic Plan 2022-2025 and supports the pillars of Complete Communities, Strategic Economic Diversification and Responsible Leadership.
Financial Impact:
n/a