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BYLAW - Extend Moratorium on Development Charges for Industrial Additions - 19970514 - 381097FTHE CORPORATION OF THE TOWN OF AURORA By-law Number 3810-97.F BEING A BY-LAW to extend the moratorium on development charges for industrial additions. WHEREAS the Council of the Town of Aurora has passed By-law 3516-94.F to establish development charges for the Town of Aurora pursuant to subsection 3(1) of the Development Charges Act, R.S.O. 1990, c.D.9; AND WHEREAS the Council of the Town of Aurora has passed By-law 3729-96.F to provide a moratorium on development charges for industrial additions; AND WHEREAS the Council of the Town of Aurora desire to extend the moratorium on development charges for industrial additions for an additional one year period; NOW THEREFORE the Municipal Council of the Corporation of the Town of Aurora ENACTS AS FOLLOWS: 1. THAT By-law Number 3516-94.F as amended by By-law 3729-96.F is hereby amended by the deletion of subsection 2 ( 5). 2. THAT By-law Number 3516-94.F as amended by By-law 3729-96.F is hereby amended by the insertion of the following subsection 2 (5): "For the period April 23, 1997 to April 22, 1998, a moratorium on imposing the non- residential charge provided in Schedule B to this By-law is provided for additions to existing industrial buildings. This moratorium is further defmed as follows: (a) the moratorium applies only to additions to existing industrial buildings and to be limited to a maximum of 50% of the building area as it existed prior to permit applications for the addition; (b) the moratorium is limited to one exemption per building; and (c) the moratorium will be applicable for all industrial addition building permits issued between April 23, 1997 and April 22, 1998. For applicable building permit applications received by the Town prior to March 1, 1998, the moratorium is extended to July 24, 1998 by which time a building permit must be issued." 3. THAT the provisions of the By-law shall come into force and effect upon third reading thereof. READ A FIRST AND SECOND TIME THIS 9TH DAY OF APRIL, I997. READ A THIRD TIME AND FINALLY PASSED THIS 14TH D OF MAY, I997. L.