Land for parks
  8. (1) A development charge background study under section 10 of the Act shall set out the following for each service to which the development charge relates: 1. The total of the estimated capital costs relating to the service. 2. The allocation of the costs referred to in paragraph 1 between costs that would benefit new development and costs that would benefit existing development. 3. The total of the estimated capital costs relating to the service that will be incurred during the term of the proposed development charge by-law. 4. The allocation of the costs referred to in paragraph 3 between costs that would benefit new development and costs that would benefit existing development. 5. The estimated and actual value of credits that are being carried forward relating to the service.  O. Reg. 82/98, s. 8. (2) Any background study by the municipality under section 10 of the Act that incorporates the cost of transit services shall set out the following: 1. The calculations that were used to prepare the estimate for the planned level of service for the transit services, as mentioned in subsection 5.2 (3) of the Act. 2. An identification of the portion of the total estimated capital cost relating to the transit services that would benefit, i. the anticipated development over the 10-year period immediately following the preparation of the background study, or ii. the anticipated development after the 10-year period immediately following the preparation of the background study. 3. An identification of the anticipated excess capacity that would exist at the end of the 10-year period immediately following the preparation of the background study. 4. An assessment of ridership forecasts for all modes of transit services proposed to be funded by the development charge over the 10-year period immediately following the preparation of the background study, categorized by development types, and whether the forecasted ridership will be from existing or planned development. 5. An assessment of the ridership capacity for all modes of transit services proposed to be funded by the development charge over the 10-year period immediately following the preparation of the background study. O. Reg. 428/15, s. 4. (3) If a council of a municipality proposes to impose a development charge in respect of transit services, the asset management plan referred to in subsection 10 (2) (c.2) of the Act shall include the following in respect of those services: 1. A section that sets out the state of local infrastructure and that sets out, i. the types of assets and their quantity or extent, ii. the financial accounting valuation and replacement cost valuation for all assets, iii. the asset age distribution and asset age as a proportion of expected useful life for all assets, and iv. the asset condition based on standard engineering practices for all assets. 2. A section that sets out the proposed level of service and that, i. defines the proposed level of service through timeframes and performance measures, ii. discusses any external trends or issues that may affect the proposed level of service or the municipality’s ability to meet it, and iii. shows current performance relative to the targets set out. 3. An asset management strategy that, i. sets out planned actions that will enable the assets to provide the proposed level of service in a sustainable way, while managing risk, at the lowest life cycle cost, ii. is based on an assessment of potential options to achieve the proposed level of service, which assessment compares, A. life cycle costs, B. all other relevant direct and indirect costs and benefits, and C. the risks associated with the potential options, iii. contains a summary of, in relation to achieving the proposed level of service, A. non-infrastructure solutions, B. maintenance activities, C. renewal and rehabilitation activities, D. replacement activities, E. disposal activities, and F. expansion activities, iv. discusses the procurement measures that are intended to achieve the proposed level of service, and v. includes an overview of the risks associated with the strategy and any actions that will be taken in response to those risks. 4. A financial strategy that, i. shows the yearly expenditure forecasts that are proposed to achieve the proposed level of service, categorized
by, A. non-infrastructure solutions, B. maintenance activities, C. renewal and rehabilitation activities, D. replacement activities, E. disposal activities, and F. expansion activities, ii. provides actual expenditures in respect of the categories set out in sub-subparagraphs i A to F from the previous two years, if available, for comparison purposes, iii. gives a breakdown of yearly revenues by source, iv. discusses key assumptions and alternative scenarios where appropriate, and v. identifies any funding shortfall relative to financial requirements that cannot be eliminated by revising service levels, asset management or financing strategies, and discusses the impact of the shortfall and how the impact will be managed. O. Reg. 428/15, s. 4. Note: On July 1, 2025, subsection 8 (3) of the Regulation is revoked and the following substituted: (See: O. Reg. 589/17, s. 1; O. Reg. 194/21, s. 1) (3) If a council of a municipality proposes to impose a development charge in respect of transit services, the asset management plan referred to in clause 10 (2) (c.2) of the Act shall include the information in respect of those services set out in the following provisions of Ontario Regulation 588/17 (Asset Management Planning for Municipal Infrastructure) made under the Infrastructure for Jobs and Prosperity Act, 2015: 1. Paragraphs 1, 2 and 3 of subsection 5 (2). 2. Paragraph 5 of subsection 5 (2), if that paragraph were read without reference to subparagraph ii. 3. Paragraph 6 of subsection 5 (2), if that paragraph were read without reference to subparagraph vi. 4. Subsection 5 (3). 5. Paragraphs 1 to 7 of subsection 6 (1). O. Reg. 589/17, s. 1. (4) For the purposes of subsection (3), the proposed level of service may relate to a time after the 10-year period immediately following the preparation of the background study. O. Reg. 428/15, s. 4. Note: On July 1, 2025, subsection 8 (4) of the Regulation is revoked. (See: O. Reg. 589/17, s. 1; O. Reg. 194/21, s. 1) Notice of Public Meeting