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FAQs

I am developing land as a small residential development. The municipality tells me I have to sign a Cost-sharing Agreement with local landowners. Why?

When larger tracts of land are opened up for development within a municipality’s urban boundary, servicing infrastructure needs to be available first such as storm and sanitary sewers, roads, water lines, hydro and other utilities. The owners who first apply to proceed with development may be required to pay for and install some of these services, which ultimately benefit later development projects. Cost-sharing Agreements are imposed among landowners undertaking redevelopment within a given area and monitored by an independent trustee, to ensure fair allocation of costs paid among such benefitting landowners. Not every area within a municipality is subject to these kinds of agreements. It is important to make thorough investigations before the crystallization of any development plans to determine if there will be extra costs associated with any applicable cost-sharing agreements.

© 2015 Lawrence, Lawrence, Stevenson LLP

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43 Queen Street West, Brampton, ON, Canada L6Y 1L9
Telephone: 905.451.3040 Fax: 905.451.5058 Email: lls@lawrences.com

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