Cost of doing business
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The developers of a new neighbourhood on Mt. Woodside may be paying the District of Kent parcel tax in the near future.
The tax would help fund the costs of running a completely new water and sewage system into the area. Council received a report from Darcy Kohuch, director of development service for Kent and is going ahead with plans to create a parcel tax bylaw.
Ftime buyers of each parcel of land in the development, more commonly known as Harrison Highlands and being built by Newgen, will have to pay parcel tax, until a house is built on their land.
Once a house is built, under the proposed bylaw, the basic water and sewer rates would kick in, and replace the parcel tax.
Kohuch says it’s not unusual to charge parcel taxes in areas where there are no existing services.
This way the district will "get some revenue at the early end" instead of footing the bill for entirely for service installation.
"They (the developers) know this is coming," Kohuch told council.
Clair Lee said a similar parcel tax was imposed when Rockwell Bay Estates was developed.
Council will hold a review panel on September 21 at municipal hall.
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