Motion to Amend - Recommendation #1
Council amend recommendation 1 as follows:
- With immediate effect, defer development charges payable on all residential development:
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- For high rise buildings, interest free for 24 months and then with interest until the earlier of 4 years or registration of condominium
- For low rise buildings, interest free until building permit issuance
A recorded vote on this item was:
For: G. Chan, M. Chan, Del Duca, DiPaola, Ferri, Ho, Jolliffe, Jones, Li, Scarpitti, Vegh, West (12)
Against: Davison, Jackson, Lovatt, Mrakas, Pellegrini, Quirk, Rosati, Taylor (8)
Absent: Hackson, Racco (2)