TOWN OF MILTON SUMMARY OF FINANCIAL REQUIREMENTS FOR DEVELOPMENT AGREEMENTS. September 2000 (updated April 1, 2018)

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1 TOWN OF MILTON SUMMARY OF FINANCIAL REQUIREMENTS FOR DEVELOPMENT AGREEMENTS September 2000 (updated April 1, 2018)

2 TABLE OF CONTENTS ROADS, SIDEWALKS AND SITEWORK / STORM SEWERS / STREETLIGHTING / DRAINAGE AND EROSION CONTROL / LANDSCAPING / LOT GRADING... 2 ENGINEERING AND INSPECTION FEES... 2 LEGAL AND ADMINISTRATION FEE... 3 PARKLAND DEDICATION - CASH-IN-LIEU... 3 PARKLAND MAINTENANCE (PRIOR TO SUBDIVISION ASSUMPTION)... 4 CASH-IN-LIEU OF PARKING... 4 PER UNIT PROCESSING FEE... 4 PERPETUAL MAINTENANCE FEES... 4 WINTER MAINTENANCE FEE... 5 MODEL HOMES DEPOSIT... 5 BUILDING PERMIT FEES... 5 DAMAGE AND DEBRIS SECURITIES... 5 CAPITAL PROVISION... 6 MANAGEMENT AND ADMINISTRATION... 6 OTHER FEES... 6 INTEREST ON UNPAID BALANCES... 6 FORM OF SECURITY AND ACCEPTABLE FINANCIAL INSTITUTIONS... 7 INDEXED LETTERS OF CREDIT... 7 INSURANCE AND INDEMNIFICATION REQUIREMENTS... 7 APPENDIX 'A' - STATUTORY DECLARATION... 8 APPENDIX 'B' - SAMPLE LETTER OF CREDIT... 9 APPENDIX 'C' - SAMPLE INDEXED LETTER OF CREDIT APPENDIX 'D' - TOWN'S LETTER OF CREDIT IDENTIFIER WORDINGS APPENDIX 'E' - LIST OF FINANCIAL INSTITUTIONS ACCEPTABLE TO PROVIDE... LETTERS OF CREDIT APPENDIX 'F' - DEVELOPMENT CHARGES PAMPHLET APPENDIX 'G' - CLASSES OF BUILDING PERMITS, RATES, FEES AND CHARGES 17

3 Financial Requirements for Development Agreements 2 Upon entering into development agreements (including subdivision, pre-servicing, site plans, etc.) between the Town of Milton and a proponent, the proponent is required to provide cash or securities for the following works: ROADS, SIDEWALKS AND SITEWORK / STORM SEWERS / STREETLIGHTING / DRAINAGE AND EROSION CONTROL / LANDSCAPING / LOT GRADING Amount of Security 100% of construction cost, including the cost of all public services, engineering and contingency fees (15%), off-site services and HST where applicable 10% of value of works for pre-servicing agreements cash, certified cheque, debit or letter of credit to be provided upon execution of agreement periodic reductions to letters of credit upon request by the proponent including a Statutory Declaration of payment of accounts (Appendix 'A' to this document) and the Engineer's certification of work completed, and upon inspection that the services have been completed to the Town's satisfaction reduction requests shall be no less than 25% or $250,000 of the works completed (whichever is less) the 10% holdback will be accrued on each reduction of securities and held until final acceptance upon final assumption the residual security will be returned to the proponent Streetlights & Traffic Lights cash payment for streetlight consumption (hydro) and maintenance (per streetlight) Hydro Power (sliding scale based on the date of subdivision agreement) Amount (per Streetlight) Maintenance Amount (per Streetlight) Year 1 $95.87 (+ HST) Year 1 $0.00 Year 2 $47.93 (+ HST) Year 2 $9.85 (+ HST) Year 3 $23.97 (+ HST) Year 3 $2.46 (+ HST) cash payment for traffic light consumption (hydro) and maintenance (per signalized intersection, per year) $4, (+ HST) ENGINEERING AND INSPECTION FEES Amount: sliding scale based on the total estimated costs of infrastructure (excluding Hydro and Regional works, and excluding contingency required by the Town), minimum $6,000 per agreement (+ HST)

4 Financial Requirements for Development Agreements 3 Estimated value of works up to $249,999 $250,000 to $499,999 $500,000 to $1,499,999 $1,500,000 to $4,999,999 $5,000,000 and greater Engineering & Inspection Fee 13.00% 9.00% 7.00% 7.00% 4.00% Condominium Developments 2.5% of total estimated costs of infrastructure cash, certified cheque or debit payment to be made at the time of execution of a pre-servicing agreement (where applicable) final payment to be made prior to execution of each development agreement, calculated based on the total estimated cost of infrastructure less the payment made at the time of execution of a pre-servicing agreement (i.e.) the amount required prior to execution of the development agreement shall be adjusted to reflect payments made under pre-servicing agreements LEGAL AND ADMINISTRATION FEE Amount: $9,000 per subdivision agreement or actual cost if greater cash, debit, certified cheque or bank draft upon execution of subdivision or site plan agreement PARKLAND DEDICATION - CASH-IN-LIEU Amount: 2% of land value for non-residential uses (including commercial or industrial) 5% of land value for all other uses (including residential) for residential development proposed at a density of 15 units per hectare or more, the rate of one ha/500 dwelling units shall apply where mixed-use developments are proposed the amount of parkland dedication shall be determined by applying the above rates on a proportionate basis the fee for cash-in-lieu of parkland dedication is to be paid prior to building permit issuance. Where more than one permit is required, the land value will be determined the day prior to the first permit being issued for the project. basic applications to utilize the Land Value Benchmark Model established by the appraisal consultant retained by the Town and approved by Council more complicated applications, such as subdivisions, mixed-use and high density projects, require site-specific appraisals, to be prepared by a qualified appraiser, and which may

5 Financial Requirements for Development Agreements 4 include a 3rd party review at the discretion of the Town, with all associated costs at the expense of the applicant cash, debit, certified cheque or bank draft upon building permit issuance PARKLAND MAINTENANCE (PRIOR TO SUBDIVISION ASSUMPTION) Amount: actual cost plus 10% cash, certified cheque or debit CASH-IN-LIEU OF PARKING Applies to all parking requirements, within the Town of Milton s Central Business District only, if parking provided is insufficient in accordance with the Town's Zoning By-law. Amount: $8, per parking space required cash, debit, certified cheque or bank draft upon execution of subdivision or site plan agreement PER UNIT PROCESSING FEE Amount: $ per unit Admin fee for non-planning staff reviews cash, debit, certified cheque or bank draft payable at execution of agreement (subdivision, site plan, condominium, etc.) undeveloped blocks to be charged based upon maximum density allowed PERPETUAL MAINTENANCE FEES Amount: 100% of Construction Cost to be determined prior to execution of development agreement to provide for long-term maintenance of works which will be assumed by the Town and are beyond Town standards (i.e.) enhanced stormwater management, fencing, landscaping and/or streetscape structures

6 Financial Requirements for Development Agreements 5 cash, debit, certified cheque or bank draft upon execution of development agreement WINTER MAINTENANCE FEE Roadway Annual fee per lane kilometer, calculated from the date the service is first provided up until such time as the development is assumed by the Town. Year 1 - $3, Year 2 - $1, Year 3 to assumption - $ Sidewalk Annual fee per kilometer, calculated from the date the service is first provided up until such time as the development is assumed by the Town. Year 1 - $1, Year 2 - $ Year 3 to assumption - $ Payment Method cash, debit, certified cheque or bank draft MODEL HOMES DEPOSIT Amount: $10,000 per model home cash, debit, certified cheque or bank draft BUILDING PERMIT FEES Amount: refer to By-law No cash, debit or cheque 100% due at time of application (estimated value) balance to be paid at issuance of permit or amount refunded where applicable DAMAGE AND DEBRIS SECURITIES Amount: $1,000 per 100 units for units in development agreements that have not been assumed by the Town $25 per metre of frontage for residential development to a maximum of $500

7 Financial Requirements for Development Agreements 6 $25 per metre of frontage for industrial or commercial development to a maximum of $1,000 $25 per metre of frontage for additions having a full foundation onto an existing residential development to a maximum of $500 $300 for inground pools or garages on a residential lot $8, Road Damage Deposit (per 100 metres) Administration of 10% (plus HST) of the amount of each unclaimed deposit after six years added to the total security required as letter of credit for development agreements or, if there is no development agreement, amount is to be paid by cash, debit, certified cheque or bank draft at building permit issuance CAPITAL PROVISION Amount: Bristol Phase 1B and Sherwood Lands: $2, per residential unit in the residential Phase 1B and Phase 2 areas, due upon registration of a plan of subdivision, or each phase of a plan of subdivision or other development agreement as the case may be. (The Capital Provision amount is indexed annually). Boyne Lands: $2, per single/semi detached unit, $1, per multiple unit and $1, per apartment unit or special care/special needs unit within the residential Phase 3 area, due at building permit issuance. (The Capital Provision amount is indexed annually). cash, debit, certified cheque or bank draft MANAGEMENT AND ADMINISTRATION FEE If it is necessary to make emergency repairs immediately within a development to correct damage or hardship to persons or property, the Town may enter the lands and make any repairs deemed necessary. The cost of any emergency repairs shall be borne by the Owner, as invoiced by the Town, including the management and administration fee of 40% of the costs. OTHER FEES other fees may be collected on behalf of the Region or other agencies. INTEREST ON UNPAID BALANCES 15% per annum interest charged on balances that are not paid in full at the time required.

8 Financial Requirements for Development Agreements 7 FORM OF SECURITY AND ACCEPTABLE FINANCIAL INSTITUTIONS letters of credit to be accepted from institutions in accordance with Region of Halton's policy letters of credit to be unconditional, irrevocable letters of credit to allow for partial drawings; include automatic renewal clause and provide for at least 30 days notice of intention not to renew Appendix 'B' sets out the Town's format for Standard Letters of Credit Appendix 'C' sets out the Town's format for Indexed Letters of Credit Appendix 'D' sets out the Town's standard wording of identifiers to be included in letters of credit Appendix 'E' is the list of Acceptable Financial Institutions INDEXED LETTERS OF CREDIT indexed annually on April 1 st, in accordance with the Town s Development Charges By-law for the most recent year over year period as per the Price Index as prescribed in Ontario Regulation 82/98, as amended or by successor Regulation. required as security for Cash Flow Assistance/Deficit per Unit in accordance with the Phase 1B, Phase 2A/2B and Phase 2C Financial Agreements and the Local Stormwater Management Monitoring in accordance with the applicable Subwatershed Impact Study INSURANCE AND INDEMNIFICATION REQUIREMENTS the owner is required to maintain a Commercial General Liability Insurance Policy with a coverage limit not less than ten(10) million dollars, an Environmental Impairment/Pollution Liability Insurance Policy with a coverage limit not less than five (5) million dollars, and an Automobile Liability Insurance Policy with a coverage limit not less than five (5) million dollars until final assumption by the Town the owner must name the Town as additional insured the policy may not be altered, cancelled or allowed to lapse without 30 days prior written notice to the Deputy Chief Administrative Officer / Chief Financial Officer, Corporate Services the owner is required to provide an original signed copy of the policy upon execution of the agreement the owner shall indemnify and save harmless the Town of and from all actions, including legal fees, which the Town may incur, which may arise either directly ot indirectly by reason of any activity of the owner.

9 Financial Requirements for Development Agreements 8 Appendix 'A' STATUTORY DECLARATION IN THE PROVINCE OF ONTARIO, CANADA; RE: (the "Owner") Part of Lot, Concession New Survey (Geographic Township of ) designated as Parts and on Plan 20M-, and/or 20R-, Town of Milton, Regional Municipality of Halton (the "Property") I,, of the City/ Town of, and Province of, DO HEREBY SOLEMNLY DECLARE THAT: 1. I am the Owner for, the registered Owner of the Property and as such have personal knowledge of the facts hereunder declared. 2. All accounts for labour, subcontracts, products, construction machinery, and equipment and which may have been incurred by the Owner or for which the Owner might in any way be held responsible which are due have been paid in full to date under the contracts with respect to the servicing of the Property. AND I make this solemn Declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath. ) DECLARED before me at the ) City/ Town of, ) in the Province of this day of, 201_. ) ) (Typed Name Here) (Owner Name) A COMMISSIONER, ETC.

10 Financial Requirements for Development Agreements 9 Appendix B SAMPLE LETTER OF CREDIT CUSTOMER NAME CUSTOMER ADDRESS BANK NAME BANK ADDRESS DATE OF ISSUE: DATE OF EXPIRY: LETTER OF CREDIT #: AMOUNT: $ BENEFICIARY: The Corporation of the Town of Milton 150 Mary Street Milton, ON L9T 6Z5: hereinafter referred to as the Town of Milton UNCONDITIONAL IRREVOCABLE STANDBY LETTER OF CREDIT We hereby authorize the Town of Milton to draw on BANK NAME for the account of our customer, CUSTOMER NAME, up to an aggregate amount of Canadian dollars ($ ) available on written demand as follows: Pursuant to the request of our customer, the said CUSTOMER NAME, we, the BANK NAME, hereby establish and give to you an unconditional, irrevocable standby letter of credit in your favour in the total amount of $ CAD, which may be drawn on by you at any time and from time to time upon written demand for payment made upon BANK NAME, BANK ADDRESS by you, which demand we shall honour without enquiring whether you have a right as between yourself and our said customer to make such demand, and without recognizing any claim of our said customer, or objection by it to payment by us. Provided, however, that you are to deliver to the BANK NAME, BANK ADDRESS at such time as a written demand for payment is made upon us, a certificate signed by you agreeing and/or confirming that monies drawn pursuant to this Letter of Credit are to be used to perform any outstanding obligations of our said customer to you as set out in (IDENTIFIER (i.e.) File #; Type of Agreement; Agreement Date, ) It is understood and agreed that the obligation of the undersigned under this Letter of Credit is an obligation to pay money only and that in no circumstances shall the undersigned be obliged to perform or cause to perform any of our customer's actual obligations to you. The amount of this Letter of Credit shall be reduced from time to time as advised by notice in writing given to us from time to time by you. This Letter of Credit will continue up to DATE OF EXPIRY and will expire at the close of business on that date and you may call for payment of the full amount outstanding under this Letter of Credit at any time prior to the close of business on that date should this Letter of Credit not be renewed. This Letter of Credit shall be deemed to be automatically extended, without amendment, for one year from the present or any future expiration date hereof, unless at least 30 days prior to any such date we shall notify you in writing by registered mail or courier that we elect not to consider this Letter of Credit renewed for any such additional period. Upon receipt by you of such notice, you may draw hereunder by means of your demand accompanied by your written certification that the amounts drawn will be retained and used by you to meet obligations incurred or to be incurred in connection with the above identified matter; further, that you will release any amount(s) not required by you to our customer. Partial drawings are permitted. We hereby agree that drawings under this Letter of Credit will be duly honoured upon presentation, and shall state that they are drawn under BANK NAME, Letter of Credit # dated. The Financial Institution may insert their Publication Clause AUTHORIZED BANK SIGNATURE

11 Financial Requirements for Development Agreements 10 Appendix 'C' SAMPLE INDEXED LETTER OF CREDIT CUSTOMER NAME CUSTOMER ADDRESS BANK NAME BANK ADDRESS DATE OF ISSUE: DATE OF EXPIRY: LETTER OF CREDIT #: AMOUNT: $ BENEFICIARY: The Corporation of the Town of Milton 150 Mary Street Milton, ON L9T 6Z5: hereinafter referred to as the Town of Milton UNCONDITIONAL IRREVOCABLE STANDBY LETTER OF CREDIT We hereby authorize the Town of Milton to draw on BANK NAME for the account of our customer, CUSTOMER NAME, up to an aggregate amount of Canadian dollars ($ ) available on written demand as follows: Pursuant to the request of our customer, the said CUSTOMER NAME, we, the BANK NAME, hereby establish and give to you an unconditional, irrevocable standby letter of credit in your favour in the total amount of $ CAD, which may be drawn on by you at any time and from time to time upon written demand for payment made upon BANK NAME, LOCATION OF BRANCH by you, which demand we shall honour without enquiring whether you have a right as between yourself and our said customer to make such demand, and without recognizing any claim of our said customer, or objection by it to payment by us. Provided, however, that you are to deliver to the BANK NAME, LOCATION OF BRANCH at such time as a written demand for payment is made upon us, a certificate signed by you agreeing and/or confirming that monies drawn pursuant to this Letter of Credit are to be used to perform any outstanding obligations of our said customer to you as set out in (IDENTIFIER (i.e.) File #; Type of Agreement; Agreement Date, ) It is understood and agreed that the obligation of the undersigned under this Letter of Credit is an obligation to pay money only and that in no circumstances shall the undersigned be obliged to perform or cause to perform any of our customer's actual obligations to you. The amount of this Letter of Credit shall be indexed on April 1st of each year in accordance with the Prescribed Index as defined in the Town s Development Charges By-law and triggered by way of a letter from our customer to us and subject to our approval. The amount of this Letter of Credit shall be reduced from time to time as advised by notice in writing given to us from time to time by you. This Letter of Credit will continue up to DATE OF EXPIRY and will expire at the close of business on that date and you may call for payment of the full amount outstanding under this Letter of Credit at any time prior to the close of business on that date should this Letter of Credit not be renewed. This Letter of Credit shall be deemed to be automatically extended, without amendment, for one year from the present or any future expiration date hereof, unless at least 30 days prior to any such date we shall notify you in writing by registered mail or courier that we elect not to consider this Letter of Credit renewed for any such additional period. Upon receipt by you of such notice, you may draw hereunder by means of your demand accompanied by your written certification that the amounts drawn will be retained and used by you to meet obligations incurred or to be incurred in connection with the above identified matter; further, that you will release any amount(s) not required by you to our customer. Partial drawings are permitted. We hereby agree that drawings under this Letter of Credit will be duly honoured upon presentation, and shall state that they are drawn under BANK NAME, Letter of Credit # dated. The Financial Institution may insert their Publication Clause AUTHORIZED BANK SIGNATURE

12 Financial Requirements for Development Agreements 11 Appendix 'D' Below is the listing of acceptable Identifiers that are to be used when preparing Letters of Credit for the Town of Milton. Please confirm with Town Staff, which Identifier format(s) are applicable to your development and the appropriate wording for both the RED and BLUE portions of the Identifiers prior to the preparation of each Letters of Credit. Standard Letter of Credit Identifier formats: A. Pre-servicing Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Pre-servicing Agreement between Company/Individual Named in the Agreement and the Town of Milton dated, 201X for Town Development Name (24T-XXXXX/M). B. Servicing Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Servicing Agreement between Company/Individual Named in the Agreement and the Town of Milton dated, 201X. C. Subdivision Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Subdivision Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X for Town Development Name (24T-XXXXX/M). D. Partial Site Plan Approval Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Partial Site Plan Approval Letter signed by the Director, Planning and Development for the Town of Milton dated, 201X for Town Development Name (SP-XX/XX). E. Site Plan Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Site Plan Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X for Town Development Name (SP-XX/XX). F. Conditions of Site Plan Approval (no site plan agreement to be executed): as set out in the Conditions of Site Plan Approval executed by Companies/Individuals Named in the Agreement, and dated, 201X (SP-XX/XX). G. Site Alteration Permit Identifier for any/all works and Financial Obligations: our said customer to you as set out in Site Alteration Permit #201X-XX

13 Financial Requirements for Development Agreements 12 H. Road Cut Permit Identifier for any/all works and Financial Obligations: our said customer to you as set out in Road Cut Permit #201X-XXXX I. Model Home Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Model Home Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X (24T-XXXXX/M) or (SP-XX/XX) and (BP-XX-XXXXXX). J. Conditional Permit Agreement Identifier for any/all works and Financial Obligations: our said customer to you as set out in the Conditional Permit Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X (BP-XX-XXXXXX). Indexed Letter of Credit Identifier formats: K. Cash Flow Assistance / Deficit per Unit (Indexed L/C): our said customer to you as set out in the Subdivision Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X for Town Development Name (24T-XXXXX/M) for Cash Flow Assistance / Deficit per Unit. L. Stormwater Management/Monitoring (Indexed L/C): our said customer to you as set out in the Subdivision Agreement between Companies/Individuals Named in the Agreement and the Town of Milton dated, 201X for Town Development Name (24T-XXXXX/M) for Local Stormwater Management/Monitoring in the Sherwood/Boyne/Derry Green Secondary Planning Area. (Note: insert applicable Secondary Planning Area)

14 Financial Requirements for Development Agreements 13 Appendix 'E' LIST OF FINANCIAL INSTITUTIONS ACCEPTABLE TO PROVIDE LETTERS OF CREDIT Name of Financial Institution Rating (DBRS) ABN AMRO not rated by DBRS S&P - A-1+; Moody s- P-1 BNP Canada Bank of America N.A. Bank of Montreal Bank of Nova Scotia CIBC JP Morgan Chase Citibank Canada R-1 High Comerica Deutsche Bank HSBC Bank of Canada Rabo Bank R-1 High Royal Bank Canada Societe General Canada Toronto Dominion Bank UBS AG not rated by DBRS S&P - A-1+; Moody s- P-1 Note: Information current as of June 14, 2011 Rating Agency is the Dominion Bond Rating Service

15 Financial Requirements for Development Agreements 14 Appendix 'F'

16 Financial Requirements for Development Agreements 15

17 Financial Requirements for Development Agreements 16

18 Financial Requirements for Development Agreements 17 Appendix G CLASSES OF BUILDING PERMITS, RATES, FEES AND CHARGES 1. Calculation of Permit Fees (Effective January 1, 2013) a) Permit fees payable shall be calculated based on the formula given below, unless otherwise specified in this by-law or in Schedule A : Permit Fee = SI x A, where SI = Service Index for the Classification of the work proposed, as described in Schedule A Classes of Permits and Permit Fees and A = Floor Area in m 2 of proposed work. (Note: ft 2 provided for information only) b) Floor area is measured to the outer face of exterior walls and to the centre of party walls or demising walls for each storey of construction. No deductions shall be allowed for floor openings for such facilities as stairs, elevators, escalators, shafts and ducts. Interconnected floor spaces and atriums above their lowest level may be deducted from the calculated floor area. c) The Chief Building Official shall determine fees for any class of permit not described or included in Schedule A (based upon 1.28% of the prescribed construction value, as determined by the Chief Building Official). d) Elective changes (revisions) filed after the issuance of a building permit, or prior to the issuance of a building permit and requiring the repetition of processes already commenced or completed, shall be subject to an additional Elective Changes (Revisions) fee as prescribed in Schedule A as determined by the Chief Building Official. e) Where they serve detached, semi-detached or townhouse dwellings, no additional fee applies for attached decks, fireplaces, unfinished basements or attached garages proposed and constructed at the same time as the dwelling they serve. f) No additional fee applies for sprinklers, fire alarms, electromagnetic locks, or other mechanical systems or equipment proposed and installed at the same time as the construction they serve, except in the case of revisions to proposed systems, which will be charged in accordance with paragraph 8.1(d) above. g) For interior partitioning, floor areas used for the calculation of fees shall be the lesser of: i) The area contained within a rectangle encompassing the partitions being erected, or ii) The actual area of the tenant space. h) The occupancy classifications used in this By-law are based upon the Ontario Building Code major occupancy classifications. For mixed occupancy floor areas, the fee multiplier (SI) for each occupancy applies. 8.2 Minimum Fee Notwithstanding the fee calculation, a minimum fee as prescribed in Schedule A shall be charged for all permit classifications, unless otherwise noted in Schedule A. 8.3 Administrative Fee

19 Financial Requirements for Development Agreements 18 a) Where construction or demolition is carried out prior to permit issuance, to offset the additional investigative and administrative costs incurred by the municipality, upon issuance, the permit fee prescribed in Schedule A shall be increased by the Order to Comply fee and/or the Stop Work Order Fee in Schedule A. b) Where an inspector determines that the work for which an inspection has been requested is not sufficiently complete to allow for a proper inspection, the subsequent re-inspection fee as prescribed in Schedule A will apply, payable upon receipt of a written invoice. c) Where a requested inspection reveals an infraction that was identified at a previous inspection and not remedied, the fee for subsequent re-inspection as prescribed in Schedule A will apply, payable upon receipt of a written invoice. d) The fee for a Conditional Building Permit shall be 25% of the permit fee payable for the complete building permit and additional thereto. A minimum fee of $1, and a maximum fee of $10, apply to Conditional Permits. e) Upon request, the Chief Building Official may authorize a priority, fast track, after-hours service, at a rate of 1.5 times the permit fee prescribed herein. f) Upon request, the Chief Building Official may authorize special inspections outside of normal working hours at the rate prescribed in Schedule A, subject to a minimum 3 hour charge. g) Upon request, the Chief Building Official may authorize a Partial Building Permit at the rate prescribed in Schedule A for the following classes of permits: i) Foundation Component (no charge for Firebreak Lots); ii) Foundation to Roof Component; iii) Plumbing Component; and iv) Drain Component (this may include drains within a building and/or mechanical component).

20 Financial Requirements for Development Agreements 19 Schedule A Classes of Permits and Permit Fees BUILDING CLASSIFICATION Minimum Permit Fee, unless otherwise noted SERVICE INDEX (SI) (unless otherwise indicated) $/m 2 $/ft 2 $ (Flat Rate) A) CONSTRUCTION - New Buildings and Additions to Existing Buildings Group A (Assembly Uses) All Recreation Facilities, Schools, Libraries, Places of Worship, Restaurants (finished), Theatres, Arenas, Gymnasia, Indoor Pools Portable Classrooms $ (Flat Rate) Group B (Care or Detention Uses) All Group B Buildings Group C (Residential Uses) Single/Semi-detached Dwellings, Townhouses and Duplexes Repeats (Single, Semi-detached & Townhouses) Hotels, Motels All other Multiple Unit Buildings Unfinished Basement/Foundation to accommodate a Building moved from elsewhere Detached garage or other Accessory Structure (over 27.9 m 2 or 300 ft 2 ) Detached garage or other Accessory Structure (up to 27.9 m 2 or 300ft 2 ) $71.00 (Flat Rate) Unenclosed deck, porch or carport attached to Detached/ Semi-detached or Townhouse dwellings $71.00 (Flat Rate) Group D (Business and Personal Services Uses) Shell Only Partitioned and/or Finished Group E (Mercantile Uses) Shell Only Partitioned and/or Finished Temporary Real Estate Sales Pavilion Group F (Industrial Uses) Shell Only Partitioned and/or Finished Gas Station, Car Wash Canopy over pump island, outside storage, etc. $ (Flat Rate) Parking Garage Farm Building Greenhouse/Storage Poly Hoop

21 Financial Requirements for Development Agreements 20 BUILDING CLASSIFICATION All Occupancies Occupancy Permit SERVICE INDEX (SI) (unless otherwise indicated) $/m 2 $/ft 2 $60.00 per dwelling unit (or per 300 m 2 or part thereof for other building types) Permanent Tent, Air-Supported Structure Temporary Tent $ (Flat Rate) Temporary Building (trailer or buildings on construction site for office purposes, and other similar temporary bldgs) $ (Flat Rate) Move or Relocate a Building to an existing foundation (except portable classrooms) Designated Structures mobile homes and those listed in the Ontario Building Code $ (Flat Rate) $ (Flat Rate) Miscellaneous H.O.M.E.S. Program Registration Fee No longer available B) CHANGE OF USE no construction proposed or required $ (Flat Rate) C) ALTERATION (Alteration or Repair to existing or damaged construction, and partitioning of new or previously occupied construction, and CHANGE OF USE (No construction proposed but Change of Use results in an increase in hazard and construction is required): All Occupancies (see Group C below for exceptions) Group C (Residential Uses) Finished Basement and/or Accessory Apartment Parking Garage Repair Farm building Alterations Basement walkouts, exterior stairs, attached decks $71.00 (Flat Rate) D) DEMOLITION All Occupancies $ (Flat Rate) E) MECHANICAL WORK (Heating, Ventilating, Air-conditioning and Fire Protection NOT Proposed with the Original Building) Group A (Assembly Uses), Group B (Care or Detention Uses), Group D (Business and Personal Services Uses) Heating, Ventilating, Air-conditioning Group C (Residential Uses), Group E (Mercantile Uses), Group F (Industrial Uses) Heating, Ventilating, Air-conditioning All Occupancies Sprinkler System Fire Alarm $ (Flat Rate) Electromagnetic Locks $ (Each) Fireplace, Woodstove $ (Flat Rate)

22 Financial Requirements for Development Agreements 21 Special Systems (Commercial Exhausts, Spray Booths, Dust Collectors, CO Detection, etc.) BUILDING CLASSIFICATION $ (Flat Rate) SERVICE INDEX (SI) (unless otherwise indicated) $/m 2 $/ft 2 F) PLUMBING (Proposed Separately or in relation to other construction) All Occupancies New/replacement drainage system, water supply system or parts thereof $ (Flat Rate) Site Servicing (sanitary, storm, water) 3.46 lin. m lin. ft. G) PRIVATE SANITARY SEWAGE DISPOSAL SYSTEMS (Proposed Separately or in relation to other construction) All Occupancies Evaluation of a Building Addition or Change of Use Evaluation and Inspection related to replacement or repair of a tank or leaching bed New/replacement System Septic System Assessment/Inspection (Provincially Mandated) $ (Flat Rate) $ (Flat Rate) $ (Flat Rate) $95.00 (Flat Rate) H) SIGNS All Signs 1.6% of prescribed value I) ADMINISTRATIVE FEES Order to Comply Stop Work Order Permit Transfer Subsequent Re-Inspection Elective Changes/Revisions Special Inspections Partial Building Permit Limiting Distance Agreement Alternate Solution Application SWIMMING POOL FENCE ENCLOSURE $ (Flat Rate) $ (Flat Rate) $ (Flat Rate) $91.00 (Flat Rate) The greater of $91 per hour of required review time or $ $91.00 (Flat Rate) $ (Flat Rate) $ (Flat Rate) $ (Flat Rate) (plus any additional fees incurred during evaluation process) $ (Flat Fee) (effective January 1, 2016) * For addition information regarding Rate and Fees, please refer to the Annual User Fee Report and Bylaw, available on the Town s website