Appendix 1 (Schedule I) and Table A (Extended Service Area Connection Charges) — embedded in Bylaw No. 2127

Appendix 1 (Schedule I) and Table A (Extended Service Area Connection Charges) — embedded in Bylaw No. 2127

SCHEDULE “I”

Definitions

In this schedule I,

“Connection” means:
(i) the connection of a property, new building, or structure to the Water System,
(ii) the replacement of an existing water connection from the Water System to a property, building or structure with a larger connection, or
(iii) the execution of a servicing agreement between the owner and the City in connection with the subdivision or development of land under which the owner agrees to do either of the things mentioned in paragraphs (i) or (ii) by a date specified in the agreement; and

“Extended Service Area Property” means a property shown as such on Schedule A.

Extended Service Area Connection Charge

In addition to any other rate or charge applicable under this bylaw, there is imposed in respect of each Extended Service Area Property, as a condition of a Connection that serves that property, a charge
(a) in the amount set out in Table A if the Connection occurs in 2023;
(b) in the amount set out in Table A plus simple interest at a rate of 5% calculated from the date of adoption of this bylaw to the date of Connection, if the Connection occurs in any year that is after 2023 but before 2038; or

(c) in the amount calculated for 2037 under paragraph (b) of this section if the Connection occurs in 2038 or any year thereafter.