Phase in option selected for Greater Vernon Water Development Cost Charge rate hikes
Levies on new developments in the North Okanagan will not soar all at once.
Changes to the Greater Vernon Water Development Cost Charge (GVW DCC) bylaw was presented to the Greater Vernon Advisory Committee (GVAC) for consideration at the meeting Wednesday, Mar. 5.
The existing DCC, which ranged depending on property types, was set in 2004 and had not been changed since, so large increases were proposed.
|
Property Type |
Rates set in 2004 |
Proposed new rates |
|
Single family residential |
$2,180 per unit/lot |
$6,307 per unit/lot |
|
Multi-family residential, low density |
$1,857 per unit |
$4,171 per unit |
|
Multi-family residential, high density |
$1,857 per unit |
$3,053 per unit |
|
Institutional |
$8.88 per m2 |
$15 per m2 |
|
Commercial |
$7.27 per m2 |
$15 per m2 |
|
Industrial |
$3.63 per m2 |
$15 per m2 |





