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Surrey City Council Announces 2025 Development Cost | Canadian Real Estate Wealth

Summary by canadianrealestatemagazine.ca
On March 10, 2025, at its regular council meeting, Surrey City Council approved updates to the city’s Development Cost Charges (DCCs) Bylaw. The revisions include the introduction of a new Fire Services DCC and a rollback of residential unit rates to 2023 levels to qualify for federal infrastructure funding, along with other changes. This restructuring is designed to maintain a “net freeze” on residential fees, a measure intended to address the …
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Surrey City Council Announces 2025 Development Cost | Canadian Real Estate Wealth

On March 10, 2025, at its regular council meeting, Surrey City Council approved updates to the city’s Development Cost Charges (DCCs) Bylaw. The revisions include the introduction of a new Fire Services DCC and a rollback of residential unit rates to 2023 levels to qualify for federal infrastructure funding, along with other changes. This restructuring is designed to maintain a “net freeze” on residential fees, a measure intended to address the …

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canadianrealestatemagazine.ca broke the news in on Tuesday, March 18, 2025.
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