Developer Klaus Fuerniss’ contribution for a necessary upgrade of the Prowse Road sewage lift station remains unknown at this time
(by Margot Grant)
The Town of Gibsons will receive $1,073,175 in development cost charges for the development of the George Hotel and Residences. Emanuel Machado, chief administrative officer of the Town of Gibsons, told The Coast Clarion the building permit fee is $352,780.
The development cost charges are: water $80,628.73; sanitary $101,738.59; drainage $70,880.73; roads $742,394.41, and Sunshine Coast Regional District facilities $77,532.67.
Development cost charges are a method of funding the infrastructure associated with growth. The Town of Gibsons is projected to grow from its present population of 4,500 to 10,000 in the coming years, according to Dave Newman, the town’s director of engineering. The funds for infrastructure improvements will be derived from development cost charges. Anyone obtaining a building permit has to pay into the fund proportionally per square meter or hectare; the rates are specified in the town’s development cost charges bylaw number 1218.
The bylaw was adopted on July 19, 2016.
A Freedom of Information request shows that on October 30, 2014, the town’s director of engineering, Dave Newman, sent Art Phillips, project manager for The George, an email with a quote of $2,696,662 for development cost charges — $1,623,487 more than the current charges.
On September 5, 2017, Newman explained the difference to The Coast Clarion: “The lower charges are based on the final floor areas. The earlier quote was based on an estimated larger floor area.”
The upgrade of the Prowse Road sewage lift station, necessary to accommodate additional discharge from the project, is not included in the development cost charges. Newman could not say how much the developer would be charged for the upgrade.
In addition to the development-cost charges and the building-permit fee, Fuerniss’ company will be required to post a $2.6-million bond. The bond is a regular requirement for construction with frontage or offsite work, Newman said. It provides security to the town until the work is completed.
The developer has deposited $100,000 for the redevelopment of Winegarden Park after the construction of The George. The park ia adjacent to the site and will suffer considerably from the construction activity. The total cost of the park redevelopment is unknown.
The developer has agreed to pay $156,648 into the town’s affordable housing reserve fund.
The developer’s company will also pay $61,600 for a sub-surface “air space parcel” for use as a parkade underneath Winn Road.We hope you found this post interesting. Your donation will help us provide independent news in our community. Thank you.