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BYLAW - Extend a Moratorium on Development Charges of Industrial Additions - 19980422 - 393598FTHE CORPORATION OF THE TOWN OF AURORA By-law Number 3935-98.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 3810.97.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. NOW THEREFORE the Municipal Council of the Corporation of the Town of Aurora ENACTS AS FOLLOWS: 1. THAT By-law 3516-94.F as amended by By-law 3810-97.F is hereby amended by the deletion of subsection 2 (5). 2. THAT By-law Number 3516-94.F as amended by By-law 3810-97.F is hereby amended by the insertion of the following subsection 2 (5): "For the period Apri123, 1998 until the expiry of By-law 3516-94.F, 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 defined 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 April23, 1998 and the expiry of By-law 3516-94.F. 3. THAT the provisions of this By-law shall come into force and effect upon third reading thereof. READ A FIRST AND SECOND TIME THIS 22nd DAY OF APRIL, I998. READ A THIRD TIME AND FINALLY PASSED THIS 22nd DAY OF APRIL, I998. I T.JO L. UNICIPAL CLERK