Contractors soon to pay a fee for development around SD 60
The SSAC is a fee applied to contractors who plan to create new developments or subdivisions within School District 60, later being allocated to the district as a means of financial support for their development and maintenance of new schools.
The city has also put aside land for the planed development of 2 new schools, one site in the Northwest and one in the Northeast.
The fee does not apply to the District of Hudson’s Hope, as the ministry says they will not generate significant enrolment demands in relation to the identified school sites.
The city will play the role of a collection agency, and as such, retain $2,000 annually, plus 0.1 per cent of charges collected to cover administrative cost, allocated for general revenue.
After the first year, council will review the actual processing and administrative cost, potentially considering another area in which the money can be used.
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