Like many other cities and towns in British Columbia, Nanaimo faces significant development pressure that in turn requires new or expanded infrastructure to support the demand development places on utilities and services. The costs associated with these infrastructure requirements create significant public sector financial burdens. To mitigate these financial pressures, Development Cost Charges (DCCs) are utilized as a cost recovery mechanism for apportioning infrastructure project costs amongst the developers of land.
DCCs are a method to fund infrastructure associated with growth. Monies are collected from land developers to offset some of the infrastructure expenditures incurred to service the needs of new development. These DCCs are imposed by bylaw pursuant to the Local Government Act as a method to finance capital projects related to:
- Sanitary sewer