(rdnewsNOW file photo)

By Josh Hall (Twitter: @Vancan19)

third reading given

Changes to off-site levies given final approval by council

Nov 25, 2019 | 6:27 PM

Second and third readings were given at Monday’s Red Deer city council meeting that should make development more attractive.

The City’s off-site levies policy now sees the city separated into 19 areas with different per hectare rates.

Off-site levies are charged to a developer in order to pay for water, sanitary, storm and road infrastructure.

Prior to the new rules, the same fee of $237,000 per hectare applied across the city. Now, some areas will drop to as low as $76,000, while the highest increase is to $308,000.

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The City’s Manager of Engineering Services, Konrad Dunbar, says consumers should benefit from this change in the long run, because the lower levies will mean lower costs for buying land.

BILD Central Alberta also previously told rdnewsNOW that they support the changes.