Where a rezoning or even web site intend commendation is authorized, the calculation will certainly remain frozen for 2 years. The different cost has been actually lessened to one hectare for each and every 600 internet property systems if property is taken, as well as one hectare for each and every 1,000 internet property devices for cash-in-lieu of park, and also goes through a cap of 10 percent of the property for lands 5 hectares or less, and 15 per-cent of the property for properties more than five hectares. Bill 23 Ottawa.
The listing of such towns may be increased by regulation. On the day that regulations recognizing "upper-tier municipalities without considering duties" arrived in to impact, any type of section of the upper-tier town's formal plan which puts on a lower-tier district is actually considered to make up an official plan of the lower-tier municipality up until the lower-tier district revokes or changes it.
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Doug Ford: Bill Information - House Bill 23; Regular Session 2021-2022
Top 10 Choices: Bill 23 Threatens Wildlife In Ontario
For Investors: Planning Regime Shake-up: What Bill 23 Means For You