Density Bonusing for Public Amenities & Streetscape Reserve Fund

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Bylaw No.: 
12386
Adopted Date: 
September 26, 2022
Contact: 
Financial Services 250-469-8542
Categories: 
Taxation

The purpose of this Bylaw is to establish a reserve for the City to hold and manage the funds collected for the design and construction of sidewalks, landscaping, street furniture, drainage, and other infrastructure located within the boulevard;

2. Except as provided in S. 189 of the Community Charter, the only purpose for which funds from the Reserve Fund may be expended is for the provision of funds identified in Section 1 of this bylaw.