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HomeMy WebLinkAboutFIN 23-19Q1y �f DICKERING Report to Executive Committee Report Number: FIN 23-19 Date: December 2, 2019 From: Stan Karwowski Director, Finance & Treasurer Subject: Statutory Public Meeting Regarding Development Charges Update Study Recommendation: 1. That Report FIN 23-19 of the Director, Finance & Treasurer be received; 2. That Council receive for information the City of Pickering — Development Charges (DC) Update Study prepared by Watson & Associates Economists Ltd. dated October 16, 2019 and Addendum to the DC Update Study dated November 19, 2019; 3. That all written submissions made at the December 2nd Public Meeting or received in writing from the public by December 4th be referred to staff and to Watson & Associates Economists Ltd. for consideration in preparation of the final Development Charge recommendations and By-law for Council's consideration on December 16th; and 4. That the appropriate City of Pickering officials be authorized to take the actions as indicated in this report. Executive Summary: Council passed the Development Charge Background Study on December 11, 2017. The 2017 DC Study included funding for an Arts Centre, new Central Library and Youth & Seniors' Centre. However, the DC Study at that time was to view the three buildings as islands and not working together to create the proposed Civic Centre Vision and its interconnectivity and functionality among the three buildings. The proposed DC Update Study is required mainly due to the higher cost for these three buildings plus an underground garage. The amendment to the DC study is required to increase the DC funding for these projects that in -turn results in higher DC fees. If the City did not pursue this financial strategy, the City would be under recovering its capital costs associated with the Civic Centre project. To put it another way, without increasing the DC fees, the financial responsibility of paying for the Civic Centre capital project costs would be borne by the City until the costs are included in a future DC By- law and recovered from the next increment of development. Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 2 Charges Update Study In addition to the updated capital costs for the Civic Centre project, the City has also updated minor capital costs related to Protection Services, Studies and Transportation Services. The purpose of this Report is to present the 2019 Update Study, as amended and proposed By-law for consideration at a statutory public meeting, as required by the Development Charges Act. The proposed increase in DC fees is $1,186 for single and semi-detached housing structures. There are 32 municipalities in the GTA and after applying the proposed fee increase, Pickering has the 5th lowest DC fees of the group. To put it another way, Pickering has the lowest DC rates for those municipalities that border Toronto. Pickering's new DC rate continues to be lower than those of Whitby, Oshawa, and Ajax. After the statutory public meeting, it is proposed that staff review the submissions received from the public. Staff will bring forward a final report with a proposed DC By- law for Council's consideration at the December 16th Council meeting. The new Development Charge By-law will, if passed by Council, be effective on December 17, 2019. Financial Implications: The proposed Development Charges Update Study increases substantially the DC dollar funding for the Civic Centre as presented below: Table One Comparison of Civic Centre DC Funding DC Recoverable Cost in 2017 Dollars 2017 2019 Arts Centre $5,701,118 $12,170,369 Youth & Seniors' Centre 23,078,250 49,018,115 Central Library 15,139,312 19,478,356 Total $43,918,680 $80,676,840 The 2017 DC Background Study is denominated in 2017 dollars and the above table reflects this approach for the year 2019. The increase in 2019 DC funding is directly attributable to the revised project scope or vision for the Civic Centre with underground parking that translates into a higher project cost. The 2017 DC Study did not include underground parking or bridge link (Library and Youth & Seniors' Centre). As stated above, the increase in DC funding for these capital projects reduces the interim funding of growth related costs required by the City and risk of transferring cost recovery to the Pickering taxpayer. Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 3 Charges Update Study The DC Update Study also includes the following changes: Administration Studies (Consulting) The DC Update Study reflects a higher DC recoverable consulting cost for a Transportation/Traffic Study for City Centre ($190,278). The scope of the Traffic Management Plan is being expanded to include a comprehensive transportation impact study, a transportation network review and functional design plans for public streets and a much larger area including both the Whites Road and Brock Road interchanges with Highway 401. The DC Update Study also includes a new consulting study entitled "Fair Minded Pricing Policy" at a DC recoverable cost of $23,742. The purpose of this study is to develop a pricing strategy that considers all cost inputs both direct and indirect in determining a fair pricing strategy based on a cost recoverable basis. Also included in revised study section is an additional cost of undertaking the DC Update Study at a DC recoverable cost of $54,598. Protective Services (Fire) For Seaton, there will be requirement to have 2 fire stations. The DC funding is being increased by $192,049 (DC recoverable cost) to reflect the additional expense of servicing costs for one of the Seaton fire stations. Transportation The City has added some new road projects related to the Universal City and these costs have been more than offset by reductions in capital costs in other road related areas Plummer Road (A-9, A-10, A-11, A-12) and Walnut Lane extension — construction and contract administration resulting in a slight decrease in the DC rate. The total DC eligible costs decreased by $0.2 million after accounting for benefit to existing development deductions. Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 4 Charges Update Study Discussion: A comparison of the DC rates (indexed to 2019 dollars) by component between current and proposed December 17, 2019 is presented below. Table Two Single and Semi -Detached Residential Rate Comparison of Current Rates to Proposed Rates (in 2019 Dollars) Service Current Proposed December 17, 2019 Change Increase/ (Decrease) Municipal Wide Services: Other Services Related to a Highway 470 470 - Protection Services 948 955 7 Parks and Recreation Services 5,175 6,451 1,276 Library Services 1,158 1,069 (89) Administration Studies 296 306 10 Stormwater Management 307 307 - Total Municipal Wide Services (Line A) $8,354 $9,558 1,204 Outside of Seaton Lands Transportation 1 6,952 6,934 (18) Total Outside of Seaton Lands (Line B) $6,952 $6,934 (18) Rest of Pickering (Line A+B) $15,306 $16,492 $1,204 Seaton $8,354 9,558 $1,186 1 Does not apply to Seaton Lands, Seaton Lands subject to a separate agreement outside of the Development Charges Act concerning provision of Transportation requirements in addition to other funding contributions For either a single or semi detached home, the proposed DC fee increase for the "Rest of Pickering" is $1,186 or 7.74 percent. For Seaton area, the DC fee increase is $1,204 or 12.60 percent. While the percentage increases may appear to be above average, the more important factor to consider is what is the overall total DC fee charged and how does this fee compare to other municipalities. As stated earlier, Pickering still maintains its competitive position in relation to its GTA neighbours. As the above table indicates, the DC funding increase is being reflected in the various DC components except for Library. The Library level of DC funding is limited because it has come under the DC funding CAP based on the per capita historical level of investment for Library Services. The closing of the 2 northern library branches in the past few years reduced the overall total square footage for the library. In addition, with the higher cost for the new Library under the Civic Centre project concept, the funding strategy now will be to use debt that in -turn results in a slight reduction of costs upfront (lower cash flow obligation) offset by a longer term 25 year debt borrowing plan. The end result (excluding the impact of the future community benefit charge) is that the Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 5 Charges Update Study present value of future Library DC eligible costs are lower in the 2019 DC Update Study as compared to the 2017 DC Background Study. Table Three Non -Residential Rate Comparison of Current Rates to Proposed Rates (in 2019 Dollars) Service $ Per Sq. ft. of Floor Area Non -Residential (per Net Ha of Prestige Employment Land in Seaton) Current Proposed Dec 17/19 Current Proposed Dec 17/19 Municipal Wide Services Other Service Related to Highway $0.16 $0.16 $5,814 $5,814 Protection Services 0.35 0.35 12,194 12,291 Parks and Recreation 0.42 0.51 14,146 17,106 Library Services 0.08 0.07 2,779 2,557 Administration Studies 0.11 0.12 3,797 3,921 Stormwater Management 0.11 0.11 3,738 3,738 Total Municipal Wide Services $1.23 $1.32 $42,468 $45,427 (Line A) Outside of Seaton Lands Transportation 1 1.95 1.94 Total Outside of Seaton Lands $1.95 $1.94 (Line B) Rest of Pickering (Line A+B) $3.18 $3.26 Seaton $1.23 $1.32 $42,468 $45,427 1 Does not apply to Seaton Lands, Seaton Lands subject to a separate agreement outside of the Development Charges Act concerning provision of Transportation requirements in addition to other funding contributions The non-residential DC for lands outside of the Seaton Prestige Employment Lands are recovered from development on a per sq. ft. of total floor area basis. The increases and decreases above follow the similar pattern as single and semi-detached homes. The increase for "Rest of Pickering" non-residential DC fees based on a square footage basis is 2.5 percent or 8 cents per square foot. You could argue that the proposed increase has a minimal impact on commercial/industrial development. The other factor to consider as it relates to the Civic Centre project is the benefit of the Civic Centre project as it relates to attracting new residents to live in Pickering and its impact on deepening and widening the employee talent pool. On a weekly basis, there are Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 6 Charges Update Study newspaper articles running stories on the professional and skilled labour shortage. With the Civic Centre project, Pickering becomes a very attractive place to live. For Seaton industrial and commercial development, a different approach was applied as it relates to development charges. A land area specific charge (per net hectare) is used in contrast to a floor area charge. Under the floor area charge approach, the DC charges are based on the size of the building. Using the land area approach in Seaton, the developer pays the full DC at the time of the first development regardless of the fact that there may be several phases of construction development. This approach encourages expedient buildout, discourages land banking and creates a more favourable cash flow scenario for the City. Competitive DC Rates The graph below shows that Pickering's proposed single detached residential DC rate is competitive in comparison with both its Durham Lakeshore neighbours and the City of Toronto. What is interesting to note that even after Pickering's proposed moderate increase, those Durham Lakeshore municipalities that are east of Pickering (excluding Clarington) have higher DC rates. Pickering's proposed DC rates as a percentage of the new home cost would be lower than its Durham Lakeshore municipal neighbours. $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $- $46,888 Residential Development Charges Single Detached Dwelling As of October 24, 2019 $51,319 $51,383 $51,472 $52,538 $52,966 $59,181 $60,327 bso6\ado �oc\ �� 'e6 .0 .0 I.rc� a�,a J+9sc`Gt G`�s\c Qtof50 Oyr Q\O • Singles Lower Tier • Res EDC • Singles Upper Tier $62,232 $62,354 ,o oC\ ,soc Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 7 Charges Update Study Indexing Based on our current DC By-law, DC rates will be adjusted annually as of July 1 each year based on the Non-residential Building Construction index in order to keep DC revenues current with construction costs. The previous indexing was done on July 1, 2019, and would be due for indexing again on July 1, 2020. Staff will continue the practice of indexing every year on July 1st. Transition to New Rates The proposed rates will come into effect on December 17, 2019. Any complete building permit applications received after December 18, 2019 will be subject to the new DC rate. Communications Strategy The Development Charges Act has a mandatory communication/advertising requirement for at least one public meeting, and the Clerk is required to carry out such advertising at least twenty days in advance of the meeting date. The Statutory Public Meeting was first advertised in the Pickering News Advertiser on October 31, 2019 and was continued every Thursday until November 28, 2019. In addition, reference to the Statutory Public Meeting has been advertised on the City's website. The City has met the requirements of the Development Charges Act. On October 17th, staff reached out to the development industry by distributing the DC Update Study dated October 16, 2019 and holding a stakeholder consultation on November 19th. City staff emailed/invited 45 industry/developer representatives of which four attended the special meeting. Questions were raised by industry attendees and staff will be working over the next few days to provide the requested information. Next Steps Following receipt of comments at the Public Meeting, and written submissions no later than December 4, 2019, staff will bring forward a final report and proposed DC By-law for Council's consideration at the Council meeting to be held on December 16, 2019. If enacted, the new DC By-law will be effective December 17, 2019. Attachments: 1. Residential Development Charges per Single Detached Dwelling for Greater Toronto Area Municipalities, as of October 19, 2019 2. Development Charges Update Study dated October 16, 2019 Report FIN 23-19 December 2, 2019 Subject: Statutory Public Meeting Regarding Development Page 8 Charges Update Study 3. Addendum to Development Charges Update Study dated November 19,. 2019 Prepared By: Prepared By: Caryn Kong, CPA, CGA Senior Financial Analyst — Capital & Debt Management James Halsall Manager, Budgets & Internal Audit Approved / Endorsed By: Stan K?rwowski, CPA, CMA, MBA Director, Finance & Treasurer Recommended for the consideration of Pickering City ounci 1 " /10-v-. z/, 2.0/7 Tony Prevedel, . Eng. Chief Administrative Officer $140,000 $120,000 $100,000 $80,000 v $60,000 $40,000 $20,000 $- Residential Development Charges Per Single Detached Dwelling for Greater Toronto Area Municipalities as of October 24, 2019 • Upper Tier ■ Lower/Single Tier ■ Education v�ra�\ac r�\oL\\ ��J oda" s etio� Jtoe� a�S� \�i 9 \e, ���`�, \e\G\� z�\o�, \e�o� o\GFS\s\GF\ a o P o o -6 La a e o •`Ss \`\�r�tcr �\`rt oa boa �a �3 �a\,ot • �r'tic BB=Built Boundary & GF=Greenfield. 1. A component of the charge has been converted from a per hectare charge to a hypothetical single detached unit. .sotoora� cot•\GF\�r\o���e\� \\s\�0\ S`J�o�O�a\tio `o�osea\ `��,�o C�tie�tiJ+O d� �0�0\ etoo� o� \4\s�a\ of �\ae Q L .44sae, 0�i�of Ltd \L A Q` 61,-CZ NId# lJoday 01 1-# Tuewgoefly Watson & Associates Economists Ltd. (2019-10-24) H:\Surveys\2019\GTAH DC - Pickering - October 24, 2019 $80 $70 $60 Non -Residential Development Charges Per GFA of Retail Floor Area for Greater Toronto Area Municipalities as of October 24, 2019 $20 $10 $- �cr 0,4C �c c tic ,\4r Jtota \e °� �\c�\ \GF\ \GF\ °b des ,�°� ,��e 4:SA ¢ cG �a\ � Jt Cb)S Vr • Upper Tier 0 Lower Tier 0 Education \N. •<. \\e\�0�,\S, . 0•‹• •• ,., 0S ,,, 0 \, t,,,,e �o`ray� �°t°cti° .\4',' so °� ScJ�°G ,\ea°c P�c\ai`���° J+p\aQeoQ°yea C °te°ti\ �t°°:a�\ °� oa s2,2 s.,/, 0 • 5 ,de •,,\A BB=Built Boundary & GF=Greenfield. 1. A component of the charge has been converted from a per hectare charge to a hypothetical charge per sq.ft. of G.F.A. Watson & Associates Economists Ltd. (2019-10-24) H:\Surveys\2019\GTAH DC - Pickering - October 24, 2019 $50 $40 $10 $- Non -Residential Development Charges Per GFA of Industrial Floor Area for Greater Toronto Area Municipalities as of October 24, 2019 IN- ■ Upper Tier ❑ Lower Tier ❑ Education , .\�,cacEo0 corca0 e ,(\d,o\G�0 P�a�GF\ba�e�K6 a ec\ toc\o\eg\�a 0.,,x.z-.,,„,s, .c.,., s).0„ „J�otetc\P�\sSaJ�\���ca\e�a�oc�o�c\S�rJpSJ0,toQoSJtI�a��SOr r(aJ 4, e� SG� p pa�,aSs pa 0e `� \tio\Q' , -de �`Q.\`r�\�ec,as(A, 0‘ 9�a4ae Ge4 Lsti\c> BB=Built Boundary & GF=Greenfield. 1. A component of the charge has been converted from a per hectare charge to a hypothetical charge per sq.ft. of G.F.A. tion Watson & Associates Economists Ltd. (2019-10-24) H:\Surveys\2019\GTAH DC - Pickering - October 24, 2019 ECONOMISTS LTD. Development Charges Update Study City of Pickering For Public Circulation and Comment October 16, 2019 Watson & Associates Economists Ltd. 905-272-3600 info@watsonecon.ca Table of Contents Page 1. Introduction 1 1.1 Background 1 1.2 Existing Policies (Rules) 2 1.2.1 Payment in any Particular Case 2 1.2.2 Determination of the Amount of the Charge 3 1.2.3 Application to Land Redevelopment 4 1.2.4 Exemptions (full or partial) 4 1.2.5 Indexing 5 1.2.6 By-law Duration 5 1.2.7 Date Charge Payable 5 1.3 Basis for D.C. By-law Update 6 1.4 Proposed Charges to the D.C.A.: Bill 108 — An Act to amend Carious Statutes with Respect to Housing, Other Development, and Various Matters 7 2. Anticipated Development 10 3. Revisions to the Anticipated Capital Needs 11 3.1 Revised Capital Costs 11 3.1.1 Parks and Recreation Services 11 3.1.2 Library Services 12 3.1.3 Protection Services 13 3.1.4 Transportation Services 13 3.1.5 Administration Studies 14 4. Revised D.C. Calculation and Schedule of Charges 25 5. Asset Management Plan 37 5.1 Introduction 37 6. Process for Adoption of the Amending Development Charges By-law 39 Appendix A — Draft Amending Development Charge By-law A-1 Watson & Associates Economists Ltd. H:\Pickering\2019 DC Update\2019 Update Study.docx 1. Introduction 1.1 Background The City of Pickering (City) imposes development charges (D.C.$) to recover the increase in the needs for service arising from growth. The basis for the calculation of the City's existing schedule of residential and non-residential development charges is documented in the "City of Pickering 2017 Development Charges Background Study" dated October 5, 2017 (as amended). This Background Study provides the supporting documentation for the City's D.C. By -Law 7595-17, which came into effective January 1, 2018. The resultant D.C. by municipal service and development type are summarized in Table 1-1. This schedule reflects the schedule of charges that came into forece on January 1, 2018 (in 2018$) for development within the defined Seaton Lands, as the City elected to phase-in the charges for apartment units over the 2018-2021 period for development outside of the Seaton Lands. Table 1-1 City of Pickering January 1, 2018 Schedule of Development Charges Service RESIDENTIAL NON-RESIDENTIAL Single and Apartments • Apartments Semi- 2 Bedrooms - Bachelor Other Detached+ and 1 Multiples Dwelling Bedroom (per net Ha (per ft2 of of Prestige Total Floor Employmen Area) 2 t Land in Seaton) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 441 889 4,851 1,086 277 288 279 562 3,065 686 175 182 197 398 2,171 486 124 129 356 718 3,917 877 224 233 0.15 0.34 0.39 0.08 0.10 0.10 5,451 11,431 13,261 2,605 3,560 3,503 Total Municipal Wide Services 7,832 4,949 3,505 6,325 1.15 39,812 Outside of Seaton Lands Transportation 1 6,517 4,117 2,917 5,261 1.83 Total Services Outside of Seaton Lands 6,517 4,117 2,917 5,261 1.83 Seaton Rest of Pickering 7,832 14,349 4,949 9,066 3,505 6,422 6,325 11,586 1.15 2.98 39,812 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study PAGE 1 The City's D.C.s have been indexed on July 1, 2018 and July 1, 2019 in accordance with Subsection 16(1) of By -Law 7595-17. Table 1-2 summarizes the City's schedule of development charges currently in effect as at July 1, 2019 (Apartment dwelling unit charges reflect those charges in place for development within the Seaton Lands). As a result of indexing, the development charges have increased by approximately 6.7% since by-law adoption. Table 1-2 City of Pickering Current (Indexed) Schedule of Development Charges Service RESIDENTIAL NON-RESIDENTIAL Single and Apartments (per ft' of (per net Ha Semi- Apartments • - Bachelor Other Total of Prestige Detached 2 Bedrooms and 1 Multiples Floor Employme t Dwelling + Bedroom Area) 2 nSeand in Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 470 948 5,175 1,158 296 307 298 600 3,269 732 186 195 210 425 2,315 519 133 138 379 766 4,178 935 239 248 0.16 0.35 0.42 0.08 0.11 0.11 5,814 12,194 14,146 2,779 3,797 3,738 Total Municipal Wide Services 8,354 5,280 3,740 6,745 1.23 42,468 Outside of Seaton Lands Transportation 1 6,952 4,392 3,112 5,613 1.95 Total Services Outside of Seaton Lands 6,952 4,392 3,112 5,613 1.95 Seaton Rest of Pickering 8,354 15,306 5,280 9,672 3,740 6,852 6,745 12,358 1.23 3.18 42,468 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land 1.2 Existing Policies (Rules) The following subsections set out the rules governing the calculation, payment, and collection of D.C.s as provided in By-law 7595-17 (as amended), in accordance with the Development Charges Act (D.C.A.), 1997. 1.2.1 Payment in any Particular Case In accordance with the D.C.A., the D.C. shall be calculated, payable, and collected where the development requires one or more of the following: Watson & Associates Economists Ltd. 2019 Update Study PAGE 2 • the passing of a zoning by-law or of an amendment to a zoning by-law under section 34 of the Planning Act; • the approval of a minor variance under Section 45 of the Planning Act; • a conveyance of land to which a by-law passed under section 50(7) of the Planning Act applies; • the approval of a plan of subdivision under Section 51 of the Planning Act; • a consent under Section 53 of the Planning Act; • the approval of a description under section 9 of the Condominium Act, 1998, S.O. 1998, c. 19; or • the issuing of a building permit under the Building Code Act in relation to a building. 1.2.2 Determination of the Amount of the Charge The calculation for residential development is generated on a per capita basis, and imposed based on housing types - single and semi-detached, apartments — bachelor and one bedroom, apartments - two bedrooms and greater, and other multiples. The eligible D.C. cost calculations are based on the net anticipated population increase. The total eligible D.C. cost is divided by the "gross" (new resident) population to determine the per capita amount. The cost per capita is then multiplied by the average occupancy of the new units to calculate the charges by type of residential dwelling unit. The non-residential D.C. for the Seaton prestige employment lands has been calculated on a per net hectare basis. The non-residential D.C. for development in all other areas of the City has been calculated on a per square foot of gross floor area (G.F.A.) basis. The calculations of the maximum D.C.s that could be imposed by Council have been undertaken based on a cash flow analysis to account for the timing of revenues and expenditures and the resultant financing needs. The cash flow calculations have been undertaken by service for each forecast development type, i.e. residential, prestige employment lands within the Seaton Lands, and non-residential development in areas outside of the Seaton Lands. The cash flow calculates interest paid/received on reserve fund balances to account for the differences in timing of projects and when development is anticipated to occur. In year transactions are reduced by 1/2 to reflect D.C. contributions and expenditures occurring at different times throughout the year. For Watson & Associates Economists Ltd. 2019 Update Study PAGE 3 cashflow purposes, capital costs and D.C.s are indexed at 3% annually, debt is calculated at 5% and investment return is calculated at 2.5%. 1.2.3 Application to Land Redevelopment Despite any other provisions of the by-law, a redevelopment credit is applied against the D.C. payable where a building permit has been issued for development or redevelopment within five years from the date a demolition permit was issued for the same building or structure, or where a building is being converted from one principal use to another, in an amount equivalent to the D.C. otherwise payable for the units or floor area demolished or converted. Moreover, the applicant must also provide proof that the building being demolished was subject to, and paid a D.C. under a prior by-law or a lot levy under by-law 322/89. Where redevelopment occurs on a property that does not have municipal services that include sanitary sewer, storm sewer, and watermain, the period, the period between demolition and building permit issuance is extended to ten years. Furthermore, for building permit issuances that occurred between January 1, 2018 and June 29, 2018, the demolition must have occurred no more than 10 years prior to building permit issuance in order to be eligible for the redevelopment credit. 1.2.4 Exemptions (full or partial) The D.C. by-law applies to all lands within the City, with the exception of the following lands which are exempt: Statutory exemptions • Residential development that results in the only the enlargement of an existing dwelling unit, or that results online in the creation or enlargement of an accessory dwelling building for a lawful residential use, or that results only in the creation of up to two additional dwelling units within an existing single detached dwelling, or the creation of one additional dwelling unit in any other existing residential building where the total G.F.A. of the additional unit is equal to or less than the G.F.A. of the smallest unit contained within the residential building; • Land owned by and used for the purposed of a Municipality, a Local Board, or a Board of Education; and Watson & Associates Economists Ltd. 2019 Update Study PAGE 4 • Industrial additions of up to and including 50% of the existing G.F.A. of the building. Non -statutory exemptions • The development of a non-residential farm building used for bona -fide agricultural purposes will be exempt from paying D.C.s for Parks and Recreation Services, Library Services, Administration Services, and Stormwater Management Services; • A building or structure that is used in connection with a place of worship an is exempt from taxation under the Assessment Act as a result; • Development where no additional dwelling units are being created or no additional non-residential gross floor area is being added; • Nursing homes and hospitals; and • Garden Suites. 1.2.5 Indexing The by-law provides for indexing of the D.C., without amendment, annually on July 1st of each year, in accordance with the change in the index for the most recently available annual period ending March 31 for the Statistics Canada Quarterly Construction Price Statistics, Catalogue Number 62-007 1.2.6 By-law Duration The by-law will expire at 12:01 AM on January 1, 2023 unless it is repealed by Council at an earlier date. 1.2.7 Date Charge Payable Development charges imposed under the by-law are calculated, payable, and collected on or before the day a building permit is issued in relation to a building or structure on land to which a D.C. applies. Watson & Associates Economists Ltd. 2019 Update Study PAGE 5 1.3 Basis for D.C. By-law Update This D.C. Update Study provides for an amendment to the City's D.C. By -Law. The purpose of the amendment is to provide for updates to the underlying capital cost estimates and to include additional capital needs within the City's 2017 D.C. Background Study to determine the charges for Parks and Recreation Services, Library Services, Protection Services, Transportation, and Administration Studies. The amendments arise, in part, from Council's direction to proceed with the Civic Centre Project, including a Seniors and Youth Centre, Performing Arts Centre, and Central Library, and updated capital cost estimates. In addition to the updated capital costs for these projects, the City has also provided updated capital costs or additional projects related to Protection Services, Administration Studies, and Transportation. The amendment is being recommended at this time due to the increase in capital costs and the resultant under -recovery of anticipated capital costs requirements under the existing D.C. by-law. Details on the capital cost updates are presented in Chapter 3 of this Study. The revised schedule of D.C.s is presented in the draft amending by-law contained in Appendix A herein. It should be noted that this report is provided as an amendment to By-law 7595-17, and as such the calculations are denominated in 2017 dollars (the City's D.C. Background Study cost base). The amended D.C. rates are subsequently indexed to current rates for implementation. The notice of the Public Meeting will be advertised in accordance with the requirements of the D.C.A., i.e. 20 clear -days prior to the public meeting. This background study document will be released for public review and posted on the City's website in accordance with provisions of the D.C.A. on October 16, 2019. The statutory public meeting will be held in Council Chambers, at the City of Pickering Municipal Offices on December 2, 2019. A presentation will be made to the public regarding the recommendations of this report, and Council will receive oral and written comments on the matter. It is anticipated that Council will consider for adoption the proposed amending by-law after the 60 -day period between the release of the D.C. Background Study and the passage of the D.C. by-law (i.e. December 16, 2019). Watson & Associates Economists Ltd. 2019 Update Study PAGE 6 1.4 Proposed Charges to the D.C.A.: Bill 108 — An Act to amend Carious Statutes with Respect to Housing, Other Development, and Various Matters On May 2, 2019, the Province introduced Bill 108 which proposes changes to the D.C.A. The Bill has been introduced as part of the Province's "More Homes, More Choice: Ontario's Housing Supply Action Plan". The Bill received royal assent on June 6, 2019. While having received royal asset, many of the changes to the D.C.A. do not come into effect until proclamation by the Lieutenant Governor. However, transitional provisions with respect to soft services are in effect as of the date of royal assent. The transitional provisions for soft services (i.e. services no longer eligible to be included in D.C. by-law once s.s. 2(4) of the Act is proclaimed) under an existing D.C. bylaw can remain in effect, even if the by-law expires, until the earlier of the prescribed date, the date a Community Benefits By-law is passed, or when the by-law is repealed. Moreover, as the new s.s. 2(4) is not yet in effect, municipalities are still permitted to pass a D.C. by- law based on the services currently eligible under the D.C.A., until the new section is proclaimed. A summary of the changes to the D.C.A. to take effect upon proclamation by the Lieutenant Governor is provided below: Changes to Eligible Services — the Bill will remove "Soft Services" from the D.C.A. These services will be considered as part of a new Community Benefit Charge (discussed below) imposed under the authority of the Planning Act. Once the new s.s. 2(4) is proclaimed, eligible services under the D.C.A. include: • Water supply services, including distribution and treatment services; • Wastewater services, including sewers and treatment services; • Storm water drainage and control services; • Services related to a highway as defined in subsection 1 (1) of the Municipal Act, 2001 or subsection 3 (1) of the City of Toronto Act, 2006, as the case may be; • Electrical power services; • Policing services; • Ambulance services; • Fire protection services; Watson & Associates Economists Ltd. 2019 Update Study PAGE 7 • Toronto -York subway extension, as defined in subsection 5.1 (1); • Transit services other than the Toronto -York subway extension; • Waste diversion services; and • Other services as prescribed. Waste Diversion and Ambulance — the Bill will remove the mandatory 10% deduction for these services. Annual Installments — the Bill proposes that Rental Housing, and Commercial/Industrial/Institutional developments pay D.C.s in six equal annual payments commencing the earlier of the date of issuance of a building permit or occupancy. Non-profit housing developments, will pay D.C.s in 21 equal annual payments. Interest may be charged on the installments, at a prescribed rate, and any unpaid amounts may be added to the property and collected as taxes. When D.C. Amount is Determined — the Bill proposes that the D.C. amount for all developments proceeding by Site Plan or requiring a Zoning By-law Amendment, shall be determined based on the D.C. charge in effect on the day of the application for Site Plan or Zoning By-law Amendment. If the development is not proceeding via these planning approvals then the amount is determined the earlier of the date of issuance of a building permit or occupancy. Soft Services to be Included in a new Community Benefit Charge under the Planning Act — it is proposed that a municipality may by by-law impose community benefits charges against land to pay for the capital costs of facilities, services and matters required because of development or redevelopment in the area to which the by- law applies. These services may not include services authorized by the D.C.A. Various provisions are provided as follows: • Before passing a community benefits charge by-law, the municipality shall prepare a community benefits charge strategy that, (a) identifies the facilities, services and matters that will be funded with community benefits charges and (b) complies with any prescribed requirements; • The amount of a community benefits charge payable shall not exceed an amount equal to the prescribed percentage of the value of the land as of the valuation date; Watson & Associates Economists Ltd. 2019 Update Study PAGE 8 • The valuation date is the day before building permit issuance; • Valuations will be based on appraised value of land. Various requirements are set out in this regard; • All money received by the municipality under a community benefits charge by- law shall be paid into a special account; • In each calendar year, a municipality shall spend or allocate at least 60 percent of the monies that are in the special account at the beginning of the year; • Requirements for annual reporting shall be prescribed; and Transitional provisions are set out regarding the D.C. reserve funds and D.C. credits. Watson & Associates Economists Ltd. 2019 Update Study PAGE 9 2. Anticipated Development The 2017 D.C. Background Study provided for the anticipated residential and non- residential growth within the City of Pickering for the respective service forecast periods. The growth forecast associated with services included in this update study is summarized in Table 2-1 below. Table 2-1 City of Pickering 2017 D.C. Background Study — Growth Forecast Summary Time Horizon Residential Non -Residential Net Population Residential Units Employment 1 Sq.ft. of Non - Residential GFA Early 2018 92,388 31,617 32,573 _ Early 2028 166,750 61,189 53,694 Mid 2031 179,356 65,530 63,899 Incremental Change 10 -year (2018-2028) Seaton 48,450 17,471 18,793 17, 289, 996 Rest of Pickering 25,912 12,101 2,328 2,795,958 14 -year (2018-2031) Seaton 58,030 21,193 28,860 27,671,100 Rest of Pickering 28,936 12,720 2,466 3,090,862 For the purposed of this Study, the 2017 D.C. Background Study growth forecast remains unchanged. The revised capital costs estimates have been considered in the context of this growth forecast. Adjustments to the total D.C. eligible costs are provided where necessary to ensure that the increase in the need for service pertains to the underlying increase in development. Watson & Associates Economists Ltd. 2019 Update Study PAGE 10 3. Revisions to the Anticipated Capital Needs The D.C. Background Study adopted by Council in the preparation of the City's D.C. by- law justified the maximum amount that could be charges for residential and non- residential development. The study and by-law identified anticipated capital needs for recovery through D.C.s for Other Services Related to a Highway, Protection Services, Parks and Recreation Services, Library Services, Administration Studies, Stormwater Management, and Transportation. The City's current by-law provides for the uniform City-wide recovery of growth -related costs for all services other than Transportation, which are imposed on an area -specific based for development outside of the Seaton Lands only). Development charges are imposed for all services though one by-law. The rules of the by-law effectively assess the charges appropriately for the imposition of D.C.s within the City. The intent of the amendment does not alter the City's policy for the imposition of City-wide and area -specific D.C.s. As a result, it is not recommended that separate by-laws be implemented through this amendment process, and that the proposed revisions be considered as an amendment to the City's current comprehensive D.C. by-law. 3.1 Revised Capital Costs The following subsections summarize the amendments made to the various capital projects comprising the D.C. amendment. For the purpose of calculating the amended D.C.s, the capital costs estimates have been deflated to 2017$, applying the change in the Statistics Canada Construction Price Statistics Index for the period (i.e. 6.7%). This reflects the indexing of the City's D.C. over the period since by-law adoption. 3.1.1 Parks and Recreation Services The City's 2017 D.C. Background Study identified parks and recreation projects to address the increase in the needs for services related to development. Projects included in the Study addressed recreation facilities contained within the City Centre project, including a Seniors' and Youth Centre and the community use space within an Arts Centre. The City has completed updated design and capital cost estimates for the City Centre project. These updates provide the basis for amending the 2017 D.C. Background Study, as it relates to Parks and Recreation Services. Watson & Associates Economists Ltd. 2019 Update Study PAGE 11 Table 3-1 summarizes the revised D.C. capital needs listing for Parks and Recreation Services arising from these changes. With these updates, the revised gross capital cost estimates total $213.9 million, an increase of approximately $37.0 million from the 2017 D.C. Background Study. Of these gross capital costs, $17.6 million have been deferred as a benefit to development beyond the 2027 forecast period. The increase in the need for services of $196.5 million, is subsequently reduced by $16.6 million for the benefit to existing development, $17.6 million for the 10% statutory deduction for soft services, and $16.5 million for existing D.C. reserve fund balances. As a result, the D.C. eligible costs for inclusion in the calculation of the charge total approximately $145.8 million. These D.C. recoverable costs are within the historic level of service cap for Parks and Recreation Services. Compared with D.C. eligible costs in the 2017 D.C. Background Study of $113.3 million, this represents an increase of $32.4 million in D.C. eligible costs arising from the revisions. In addition to the anticipated capital costs identified herein, debt financing for the City Centre project at 3% interest over a 25 year term has been assumed. The revised D.C. recoverable costs are allocated 95% to residential development and 5% non-residential development, consistent with the City's 2017 D.C. Background Study, and based on the recognition that residential users are the primary users of parks and recreation services. 3.1.2 Library Services The City's 2017 D.C. Background Study identified additional capital needs for library services to address the increase in the needs for services related to future development. This capital program is comprised of additional facility space requirements including the Central Library Facility, the Seaton Regional Library, and the Archives and Library space contained within the Pickering Heritage and Community Centre. Updated costs estimates for the Central Library Facility have been developed as part of the Pickering Civic Centre project. Table 3-2 summarizes the revised D.C. capital needs listing for Library Services arising from these changes. Within these cost updates, the revised gross capital cost estimates total approximately $67.4 million, an increase of $22.7 million from the 2017 D.C. Background Study. These gross capital costs exceed the historical level of service cap and have been reduced to remain within the allowable service level cap. As such, a Watson & Associates Economists Ltd. 2019 Update Study PAGE 12 post -period capacity deduction of $12.6 million has been applied. The increase in the need for services attributable to the 10 -year growth forecast period of $54.8 million, is subsequently reduced by $24.1 million for the benefit to existing development, and by a further $3.1 million for the 10% statutory deduction for soft services. After deducting a further $2.8 million for the existing D.C. reserve funds collected towards these capital needs, the D.C. eligible costs included in the calculation of the charge total approximately $24.8 million. Consistent with Parks and Recreation Services, in addition to the anticipated capital costs identified herein, debt financing for the City Centre project at 3% interest over a 25 year term has been assumed. Moreover, the revised D.C. recoverable costs are allocated 95% to residential development and 5% non-residential development. 3.1.3 Protection Services The Protection Services D.C. capital program within the City's 2017 D.C. Background Study, identified the need for 2 additional fire stations within the Seaton Lands. The City has identified that in addition to the construction costs identified in the 2017 D.C. Background Study, additional capital costs for servicing and siteworks will be required related to the parcel of land for one of the additional fire stations. Additional capital cost estimates of $858,700 have been identified for this purpose. Approximately $837,200 of the gross capital costs have been allocated to new development after accounting for the benefit to existing development deduction of 2.5%. The revised D.C. recoverable costs are within the historic level of service cap for Protection Services. The D.C. recoverable costs are allocated 78% to residential development and 22% non-residential development, consistent with the City's 2017 D.C. Background Study. The updated Protection Services D.C. capital program is included in Table 3-3. 3.1.4 Transportation Services Updates to the Transportation Services D.C. capital program have been provided for a new east/west collector road running parallel between Hwy 401 and Bayly Street (west of Brock Road), the crossing of Krosno Creek, and the north/south collector road that will connect to Bayly Street. These updates have been accounted for through updates to 2017 D.C. Background Study Transportation Services projects (i.e. projects no. 30, Watson & Associates Economists Ltd. 2019 Update Study PAGE 13 31,42, 443, 44), and the addition of a new project (i.e. A-13 (N/S Collector) Krosno Creek to Bayly Street Crossing), and presented in Table 3-4. The above noted revisions, result in a decrease in the gross capital costs within the Transportation Services D.C. capital program of $1.0 million to a total of $122.9 million. After accounting for the benefit to existing development deduction of $37.8 million and the existing D.C. reserve fund balance reflecting funds collected towards these needs, the D.C. eligible costs included in the calculation of the charge are $66.9 million. The revised D.C. recoverable costs are within the historic level of service cap for Transportation Services. These costs have been allocated to residential and non-residential development based on the anticipated population and employment growth outside of the Seaton Lands over the forecast period (i.e. 92% residential and 8% non-residential). 3.1.5 Administration Studies The City's 2017 D.C. Background Study identified additional capital needs for administrative studies to address the increase in the needs for services related to development. Additional studies and updated costs have been identified including an updated cost for the Downtown Pickering Traffic Management Plan, D.C. Background Study Update and amendment costs, and a Fair Minded Pricing Policy related to the provision of Parks and Recreation Services. Table 3-5 summarizes the revised anticipated D.C. capital needs listing for Administration Services. The revised cost estimates, results in a total gross capital cost estimate of $12.8 million, an increase of approximately $0.3 million from the 2017 D.C. Background Study. Applying the required deductions for benefit to existing development and the 10% statutory deduction for soft services, results in D.C. recoverable costs of $8.2 million. This represents an increase of $0.3 million in D.C. recoverable costs from what was included in the previous study. The D.C. recoverable cost attribution has been maintained at 78% residential and 22% non-residential based on the share of net population increase as a percentage of the sum of the net population and employment increase for the planning period. Watson & Associates Economists Ltd. 2019 Update Study PAGE 14 Table 3-1- Infrastructure Costs Covered in the D.C. Calculation - Parks and Recreation Services -;.No - ;.No Increased Service Needs Attributable to Anticipated P p 2018-2027 . Code Timing (year) Gross Capital Cost Estimate (2017$) Post Pe Benefit et Capital Cost they (e.g. 10 % Statutory Deduction) Potentia 1 Total DC Recoverable Cost Non- esidential Residential Share Share 95% 5% Benefit to Existing Development Grants, Subsidi>. and Other Contributions Attributable to New Development Parks 1 Parking lot expansion - Village East Park 2018-2027 107,900 - 107,900 80,925 26,975 2,698 24,278 23,064 1,214 2 Washroom/changerooms - Rotary Frenchman's Bay West Park 2019 500,000 - 500,000 250,000 250,000 25,000 225,000 213,750 11,250 3 Frenchman's Bay Waterfront Master Plan Implementation (ph 1A & ph 1B) 2018 2,755,000 - 2,755,000 1,377,500 1,377,500 137,750 1,239,750 1,177,763 61,988 4 Frenchman's Bay Waterfront Master Plan Implementation (ph 2) 2018-2019 2,000,000 - 2,000,000 1,000,000 1,000,000 100,000 900,000 855,000 45,000 5 Frenchman's Bay Waterfront Master Plan Implementation (ph 3) 2019-2020 950,000 - 950,000 475,000 475,000 47,500 427,500 406,125 21,375 6 Community Park - Greenwood Conservation Lands (ph 1) 2021-2023 5,396,000 - 5,396,000 2,698,000 2,698,000 269,800 2,428,200 2,306,790 121,410 7 Community Park - Greenwood Conservation Lands (ph 2) 2024-2027 3,777,200 - 3,777,200 1,219,561 2,557,639 255,764 2,301,875 2,186,782 115,094 8 Park - Krosno Creek valley - Hwy 401 to Bayly 2019-2023 269,800 - 269,800 26,980 242,820 24,282 218,538 207,611 10,927 9 Park - The Piazza - downtown south intensification 2019-2023 539,600 - 539,600 53,960 485,640 48,564 437,076 415,222 21,854 10 Skate Board Park - Community Size (Civic Centre) 2019 700,000 - 700,000 350,000 350,000 35,000 315,000 299,250 15,750 11 Skate Board Park - Skate Spots (2 locations) 2018-2022 400,000 - 400,000 200,000 200,000 20,000 180,000 171,000 9,000 12 Village Green Construction - Kindwin Development (Brock Road) 2018 250,000 - 250,000 6,250 243,750 24,375 219,375 208,406 10,969 13 D.H. Neighbourhood Park (Dersan & Tillings Road) 2018-2019 600,000 - 600,000 15,000 585,000 58,500 526,500 500,175 26,325 Seaton Parkland - 14 Neighbourhood Park P-102 2018 950,000 - 950,000 23,750 926,250 92,625 833,625 791,944 41,681 15 Village Green P-103 2018 210,000 - 210,000 5,250 204,750 20,475 184,275 175,061 9,214 16 Village Green P-104 2018-2019 285,000 - 285,000 7,125 277,875 27,788 250,088 237,583 12,504 17 Village Green P-105 2019-2020 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 18 Village Green P-106 2019-2020 120,000 - 120,000 3,000 117,000 11,700 105,300 100,035 5,265 19 Neighbourhood Park P-107 2019 440,000 - 440,000 11,000 429,000 42,900 386,100 366,795 19,305 20 Village Green P-108 2019-2020 250,000 - 250,000 6,250 243,750 24,375 219,375 208,406 10,969 21 Neighbourhood Park P-109 2019-2020 550,000 - 550,000 13,750 536,250 53,625 482,625 458,494 24,131 22 Village Green P-110 2019-2020 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 23 Village Green P-111 2019-2020 170,000 - 170,000 4,250 165,750 16,575 149,175 141,716 7,459 24 Village Green P-112 2021 260,000 - 260,000 6,500 253,500 25,350 228,150 216,743 11,408 25 Village Green P-113 2021 150,000 - 150,000 3,750 146,250 14,625 131,625 125,044 6,581 26 Village Green P-114 2019-2020 222,000 - 222,000 5,550 216,450 21,645 194,805 185,065 9,740 27 Community Park at Recreation Centre P-115 2022 3,000,000 - 3,000,000 75,000 2,925,000 292,500 2,632,500 2,500,875 131,625 28 Village Green P-116 2020-2021 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 29 Neighbourhood Park P-117 2020-2021 540,000 - 540,000 13,500 526,500 52,650 473,850 450,158 23,693 30 Village Green P-118 2020-2021 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 31 Village Green P-119 2020-2021 480,000 - 480,000 12,000 468,000 46,800 421,200 400,140 21,060 32 Neighbourhood Park P-120 2020-2021 500,000 - 500,000 12,500 487,500 48,750 438,750 416,813 21,938 33 Village Green P-121 2020 390,000 - 390,000 9,750 380,250 38,025 342,225 325,114 17,111 34 Neighbourhood Park P-122 2021 590,000 - 590,000 14,750 575,250 57,525 517,725 491,839 25,886 35 Community Park P-123 2024-2025 2,550,000 - 2,550,000 63,750 2,486,250 248,625 2,237,625 2,125,744 111,881 36 Neighbourhood Park P-124 2023 540,000 - 540,000 13,500 526,500 52,650 473,850 450,158 23,693 37 Village Green P-125 2023-2024 240,000 - 240,000 6,000 234,000 23,400 210,600 200,070 10,530 38 Village Green P-126 2023-2024 260,000 - 260,000 6,500 253,500 25,350 228,150 216,743 11,408 Watson & Associates Economists Ltd. 2019 Update Study PAGE 15 1 39 Increased Increased Service Needs Attributable to Anticipated P Development P 2018-2027 Village Green Parks Code P-127 Tmin g (year) 2023-2024 Gross Capital Cost Estimate (2017$) I 230,000 Post Peri Benefit - Net Capital Cost 230,000 Benefit to Existing Development 5,750 Less: Grants, Subsidies and Other Contributions Attributable to New Development Subtotal 224,250 Less: Other (e.g. 10% Statutory Deduction) 22,425 Potential Total DC Recoverable Residential Share 95% Cost Non- Residential Share 5% 10,091 201,825 191,734 40 Neighbourhood Park P-128 2026 590,000 - 590,000 14,750 575,250 57,525 517,725 491,839 25,886 41 Community Park at Recreation Centre II P-129 2028-2031 800,000 800,000 - - - - - - - 42 Village Green P-130 2026 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 43 Neighbourhood Park P-131 2026 600,000 - 600,000 15,000 585,000 58,500 526,500 500,175 26,325 44 Village Green P-132 2028-2031 230,000 230,000 - - - - - - - 45 Village Green P-133 2028-2031 210,000 210,000 - - - - - - - 46 Neighbourhood Park P-134 2028-2031 700,000 700,000 - - - - - - - 47 Neighbourhood Park P-135 2028-2031 560,000 560,000 - - - - - - - 48 Village Green P-136 2028-2031 230,000 230,000 - - - - - - - 49 Village Green P-137 2027 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 50 Village Green P-138 2027 230,000 - 230,000 5,750 224,250 22,425 201,825 191,734 10,091 51 Village Green P-139 2027 300,000 - 300,000 7,500 292,500 29,250 263,250 250,088 13,163 52 Village Green P-140 2028-2031 270,000 270,000 - - - - - - - 53 Community Park P-141 2028-2031 3,300,000 3,300,000 - - - - - - - 54 Neighbourhood Park P-142 2028-2031 890,000 890,000 - - - - - - - 55 Village Green P-143 2028-2031 230,000 230,000 - - - - - - - 56 District Park (Phase 1) P-144 2027 9,000,000 - 9,000,000 225,000 8,775,000 877,500 7,897,500 7,502,625 394,875 57 District Park (Phase 2) P-144 2028-2031 9,000,000 9,000,000 - - - - - - - Trails - 58 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-1 2020 360,000 - 360,000 9,000 351,000 35,100 315,900 300,105 15,795 59 Seaton Primary Neighbourhood Connection Trails 1 minor stream crossing T-2 2020 360,000 - 360,000 9,000 351,000 35,100 315,900 300,105 15,795 60 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-3 2021 410,000 - 410,000 10,250 399,750 39,975 359,775 341,786 17,989 61 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-4 2021 380,000 - 380,000 9,500 370,500 37,050 333,450 316,778 16,673 62 Seaton Primary Neighbourhood Connection Trails 2 major stream crossing T-5 2021 710,000 - 710,000 17,750 692,250 69,225 623,025 591,874 31,151 63 Seaton Primary Neighbourhood Connection Trails 2 major stream crossing T-6 2024 800,000 - 800,000 20,000 780,000 78,000 702,000 666,900 35,100 64 Seaton Primary Neighbourhood Connection Trails 1 minor stream crossing T-7 2024 370,000 - 370,000 9,250 360,750 36,075 324,675 308,441 16,234 65 Seaton Primary Neighbourhood Connection Trails 2 major stream crossing T-8 2026 930,000 - 930,000 23,250 906,750 90,675 816,075 775,271 40,804 66 Seaton Primary Neighbourhood Connection Trails 1 minor stream crossing T-9 2022 140,000 - 140,000 3,500 136,500 13,650 122,850 116,708 6,143 67 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-10 2022 320,000 - 320,000 8,000 312,000 31,200 280,800 266,760 14,040 68 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-11 2027 340,000 - 340,000 8,500 331,500 33,150 298,350 283,433 14,918 69 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-12 2028-2031 310,000 310,000 - - - - - - - 70 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-13 2028-2031 290,000 290,000 - - - - - - - 71 Seaton Primary Neighbourhood Connection Trails 1 major stream crossing T-14 2028-2031 340,000 340,000 - - - - - - - 72 Multi-purpose trail - Duffin Heights (Mattamy deft) to Ajax 2025 539,600 - 539,600 269,800 269,800 26,980 242,820 230,679 12,141 73 Multi-purpose trail - Hydro Condor (Liverpool to Whites) 2019-2023 982,100 - 982,100 491,050 491,050 49,105 441,945 419,848 22,097 74 Trail - Bayly Street from waterfront trail to Go Station 2019-2023 539,600 - 539,600 269,800 269,800 26,980 242,820 230,679 12,141 75 Trail - Bayly Street from Go Station to Hydro Condor 2019-2023 377,700 - 377,700 188,850 188,850 18,885 169,965 161,467 8,498 76 Trail - Finch to Brockridge Park (45m bridge) 2019-2023 917,300 - 917,300 458,650 458,650 45,865 412,785 392,146 20,639 77 Trail - Wharf Street to Sandy Beach Road 2019-2023 431,700 - 431,700 215,850 215,850 21,585 194,265 184,552 9,713 78 Mulit-pupose trail - Hydro Condor (Whites to Townline) 2024-2027 1,618,800 - 1,618,800 809,400 809,400 80,940 728,460 692,037 36,423 Watson & Associates Economists Ltd. 2019 Update Study PAGE 16 0 '.No Increased Increased Seance Needs Attributable to Anticipated P Development P 2018-2027 Parks Code Timing g (year) Gross Capital Cost Estimate (2017$) Post Peri Benefit Net Capital Cost Benefit to Existing Development Less: Grants, Subsidi and Other Contributions Attributable to N Development Less: Other (e.g. 10% Statutory Deduction) Potential Total DC Recoverable Residential Share 95% Cost Non- Residential Share 5% Recreation Facilities - 79 Seaton Recreation Complex 2020 2021 2022 2023 75,000 10,700,000 42,800,000 2,600,000 - - - - 75,000 10,700,000 42,800,000 2,600,000 1,875 267,500 1,070,000 65,000 73,125 10,432,500 41,730,000 2,535,000 7,313 1,043,250 4,173,000 253,500 65,813 9,389,250 37,557,000 2,281,500 62,522 8,919,788 35,679,150 2,167,425 3,291 469,463 1,877,850 114,075 80 Community Centre (Part of Pickering Heritage and Community Centre) 2018 2019 2021 2022 388,673 2,040,531 916,152 4,809,800 - - - - 388,673 2,040,531 916,152 4,809,800 166,399 873,597 192,417 1,010,188 222,273 1,166,934 723,736 3,799,612 22,227 116,693 72,374 379,961 200,046 1,050,241 651,362 3,419,651 190,044 997,729 618,794 3,248,668 10,002 52,512 32,568 170,983 81 Youth & Seniors' Centre 2019 2020 2021 5,309,991 25,275,555 25,275,555 - - - 5,309,991 25,275,555 25,275,555 132,750 631,889 631,889 5,177,241 24,643,666 24,643,666 517,724 2,464,367 2,464,367 4,659,517 22,179,299 22,179,299 4,426,541 21,070,334 21,070,334 232,976 1,108,965 1,108,965 82 Arts Centre (Community Uses) 2019 13,869,389 - 13,869,389 346,735 13,522,654 1,352,265 12,170,389 11,561,869 608,519 Parks Operations Vehicles and Equipment - 83 Area Mower 2020 115,000 - 115,000 - 115,000 11,500 103,500 98,325 5,175 84 Area Mower (2) 2018-2027 230,000 - 230,000 - 230,000 23,000 207,000 196,650 10,350 85 Litter Picker Vacuum 2018 30,000 - 30,000 - 30,000 3,000 27,000 25,650 1,350 86 Garbage Packer 2018-2027 150,000 - 150,000 - 150,000 15,000 135,000 128,250 6,750 87 Garbage Packer 2018 150,000 - 150,000 - 150,000 15,000 135,000 128,250 6,750 88 Enclosed Trailers (3) 2018-2027 36,000 - 36,000 - 36,000 3,600 32,400 30,780 1,620 89 Zero Tum Mower (6) 2018-2027 108,000 - 108,000 - 108,000 10,800 97,200 92,340 4,860 90 Pickup Trucks (2) 2018-2027 74,000 - 74,000 - 74,000 7,400 66,600 63,270 3,330 91 1 Ton Dump Trucks (2) 2018-2027 130,000 - 130,000 - 130,000 13,000 117,000 111,150 5,850 92 SUV (2) 2018-2027 70,000 - 70,000 - 70,000 7,000 63,000 59,850 3,150 93 4 Ton Dump Truck 2018-2027 270,000 - 270,000 - 270,000 27,000 243,000 230,850 12,150 94 Utility Vehicle 2019 25,000 - 25,000 - 25,000 2,500 22,500 21,375 1,125 Parks Operations Facilities - 95 New Operations Centre (Growth Related Share) 2017 3,839,435 - 3,839,435 3,839,435 3,839,435 3,647,463 191,972 96 New Northem Satellite Operations Centre, including land 2024 3,433,300 - 3,433,300 - 3,433,300 343,330 3,089,970 2,935,472 154,499 Reserve Fund Adjustment (16,528,412) (16,528,412) (15,701,991) (826,421) Total 213,880,680 17,360,000 196,520,680 16,600,490 - 163,391,779 17,608,076 145,783,704 138,494,518 7,289,185 Watson & Associates Economists Ltd. 2019 Update Study PAGE 17 Table 3-2 Infrastructure Costs Covered in the D.C. Calculation - Library Services Watson & Associates Economists Ltd. 2019 Update Study PAGE 18 - ss: �� Grants, I Potential DC Recoverable Cost Increased Service Needs Attributable to Antici ated P Capital Cost Post Period Net Capital Benefit to Subsidies and Other Other (e.g. Residential Non - Prj.No Development Timing (year) Subtotal 10% Residential Estimate Benefit Cost Existing Contributions Statutory Total Share Share (2017$) Development Attributable to New Deduction) 1 2018-2027 D evelopment 9 o 5% Facilities -------_ -- 1 Central Library Facility 2018 3,509,764 3,509,764 1,833,898 1,675,866 167,587 1,508,280 1,432,866 75,414 2019 20,908,168 20,908,168 10,924,793 9,983,375 998,338 8,985,038 8,535,786 449,252 2020 20,908,168 20,908,168 10,924,793 9,983,375 998,338 8,985,038 8,535,786 449,252 2 Seaton Regional Library, including land (including material) 2021 4,138,000 2,918,384 1,219,616 103,450 1,116,166 111,617 1,004,549 954,322 50,227 2022 6,860,000 4,838,114 2,021,886 171,500 1,850,386 185,039 1,665,347 1,582,080 83,267 2023 6,861,000 4,838,819 2,022,181 171,525 1,850,656 185,066 1,665,590 1,582,311 83,280 3 Archives and Library Space 2018 612,454 612,454 - 612,454 61,245 551,208 523,648 27,560 (Part of Pickering Heritage and Community Centre 2019 3,215,383 3,215,383 - 3,215,383 321,538 2,893,844 2,749,152 144,692 2021 61,449 61,449 - 61,449 6,145 55,304 52,539 2,765 2022 322,609 322,609- 322,609 32,261 290,348 275,830 14,517 Reserve Fund Adjustment ------ (2,798,782)- (2,798,782) (2,658,843) (139,939) Total 67,396,995 12,595,317 54,801,678 24,129,959 - 27,872,937 3,067,172 24,805,766 23,565,477 1,240,288 Watson & Associates Economists Ltd. 2019 Update Study PAGE 18 Table 3-3 Infrastructure Costs Covered in the D.C. Calculation - Protection Services Prj , creased Service Needs Attributable to Anticipat- Development 2018-2027 'ming (year) • Capital Cost Estimate (2017$) Post Pe Benefit et Capita Cost nefit to Existing Developme Grants, Subsidie- and Other Contributions Attributable to New Development , ubtot Less: Potential DC Recove Residential r (e.g. 10% Other tOthery Deduction) Total Share 78% .st Non- idential Share 22% Facilities 1 Fire Station A (Seaton) 2019 6,662,868 - 6,662,868 166,572 6,496,296 6,496,296 5,067,111 1,429,185 2 Fire Station B, including land (Seaton) 2023 8,230,000 - 8,230,000 205,750 8,024,250 8,024,250 6,258,915 1,765,335 3 Animal Shelter& By -Law Services, including land 2020 8,066,000 - 8,066,000 1,963,896 6,102,104 610,210 5,491,894 4,283,677 1,208,217 Vehicles 4 1 small vehicle (Seaton) 2018 45,000- 45,000 1,125 43,875 43,875 34,223 9,653 5 1 Aerial (Seaton) 2019 1,510,900- 1,510,900 37,773 1,473,128 1,473,128 1,149,039 324,088 6 Aerial (Fire Station B) (Seaton) 2023 1,510,900- 1,510,900 37,773 1,473,128 1,473,128 1,149,039 324,088 7 Small vehicle (2) (Seaton) 2023 90,000- 90,000 2,250 87,750 87,750 68,445 19,305 8 Pumper (Fire Station B) (Seaton) 2023 900,000- 900,000 22,500 877,500 877,500 684,450 193,050 9 Provision for additional By-law and Animal Services Enforcement Vehicles 2018-2027 158,000- 158,000 3,950 154,050 15,405 138,645 108,143 30,502 Equipment 10 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station A) 2019 394,500- 394,500 394,500 394,500 307,710 86,790 11 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station A) 2021 394,500- 394,500 394,500 394,500 307,710 86,790 12 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station B) 2023 394,500- 394,500 394,500 394,500 307,710 86,790 13 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station B) 2024 394,500- 394,500 394,500 394,500 307,710 86,790 Reserve Fund Adjustment 254,176 198,257 55,919 Total 28,751,668 - 28,751,668 2,441,587 - 26,310,080 625,615 25,938,641 20,232,140 5,706,501 Watson & Associates Economists Ltd. 2019 Update Study PAGE 19 Table 3-4 - Infrastructure Costs Covered in the D.C. Calculation - Transportation Services Prj No Increased Service Needs Attributable to Anticipated Development 2018-2031 .ds Code liming •ross Capital .st Estimate (2017$) Itential Post Period Benefit Net Capital Cost Benefit to Existing Development Grants, Su and Other Contributions Attributable to New Development DC Recoverable Cost Non - Residential Total Share Residential Share 92% 8% Roads 1 Tillings Road oversizing - local to collector DH -3 2018-2024 294,800 - 294,800 29,480 265,320 244,094 21,226 2 William Jackson Drive - Urfe Creek to Taunton Road Urbanization, pedestrian trail DH -13 2018-2024 2,229,040- 2,229,040 222,904 2,006,136 1,845,645 160,491 3 Sandy Beach Road 3 -lane urban reconstruction, incl. storm B-29 2018-2024 6,500,000- 6,500,000 3,250,000 3,250,000 2,990,000 260,000 4 DH -4 Valley Farm Rd. - Tillings Road to Brock Rd Oversizing - local to collector DH -4 2018-2024 288,000- 288,000 28,800 259,200 238,464 20,736 5 DH -14 William Jackson Dr. (Old Taunton). UrfeEA Creek Culvert Structure (Design/Approval). &Design DH -14 2018-2024 450,000 - 450,000 45,000 405,000 372,600 32,400 6 DH -14 William Jackson Dr. (Old Taunton). Urfe Creek Culvert Structure (Construction) Construction DH -14 2018-2024 3,455,100- 3,455,100 345,510 3,109,590 2,860,823 248,767 7 Valley Farm Road - North of Third Concession to Tillings 3 -lane urban construction, incl. stone DH -1 2020-2024 3,399,500- 3,399,500 339,950 3,059,550 2,814,786 244,764 8 Twyn Rivers Drive - Hoover to West Limit 2 -lane urban reconstruction RO-3 2025-2031 2,210,000 - 2,210,000 1,657,500 552,500 508,300 44,200 9 Finch Avenue - Townline to Altona 3 -lane urban reconstruction, incl. storm RP -4 2018-2024 1,850,300- 1,850,300 462,575 1,387,725 1,276,707 111,018 10 Pickering Parkway - Glenanna to Hydro Corridor (E) sidewalk TC -1 2018-2024 54,100- 54,100 40,575 13,525 12,443 1,082 11 Diefenbaker Extension - East Limit to Pickering Parkway 2 -lane, new construction TC -5 2025-2031 750,000- 750,000 562,500 187,500 172,500 15,000 12 Notion Road - Kingston to 350m South 2 -lane urban reconstruction, incl. Storm V-5 2018-2024 1,052,500 - 1,052,500 526,250 526,250 484,150 42,100 13 Sheppard Avenue - Whites to West Limit sidewalk, blvd., streetlight on north side WO -5 2018-2024 244,000- 244,000 183,000 61,000 56,120 4,880 14 Sheppard Avenue - Whites to 600m East sidewalk, blvd., structures south side WO -9 2018-2024 395,000- 395,000 296,250 98,750 90,850 7,900 15 Audley Road (Sideline 2) Conc. #5 to Hwy 7 2 -lane rural reconstruction incl. structures RU -4 2018-2024 3,212,155- 3,212,155 1,606,078 1,606,078 1,477,591 128,486 16 Rd ' A-6, A-7 Arterial Connection Bayly to Kingston Feasibility Study & EA TC -31 2018-2024 2,698,000 - 2,698,000 674,500 2,023,500 1,861,620 161,880 17 Dunbarton Walkway - Dunbarton to Ramblebeny walkway D-4 2018-2024 323,150- 323,150 242,363 80,788 74,325 6,463 18 Valley Farm/Tillings Bridge - Ganatsekiagon EA & Design DH -2 2018-2024 500,000 500,000 50,000 450,000 414,000 36,000 19 Valley Farm/Tillings Bridge -Ganatsekiagon New Structure DH -2 2020-2024 13,489,900- 13,489,900 1,348,990 12,140,910 11,169,637 971,273 20 Oakwood Drive - Rougemount to Mountain Ash 2 -lane urban reconstruction R -4a 2018-2024 1,435,750 - 1,435,750 717,875 717,875 660,445 57,430 21 Oakwood Drive - Mountain Ash to Toynevele 2 -lane urban reconstruction, incl. storm R -4b 2018-2024 718,225- 718,225 359,113 359,113 330,384 28,729 22 Rougemount Drive - Woodgrange to Toynevale 2 -lane urban reconstruction, incl. storm R-5 2018-2024 285,280- 285,280 142,640 142,640 131,229 11,411 23 Finch Avenue - West of Altona (Structure) culvert replacement RP -2 2018-2024 1,000,000- 1,000,000 500,000 500,000 460,000 40,000 24 Scar/Pickering Townline - Finch to CPR reconstruction/widen RP -14 2018-2024 866,800- 866,800 433,400 433,400 398,728 34,672 25 Scar/Pickering Townline - CPR to Taunton/Steeles reconstruction/widen RU -7 2018-2024 5,634,200 - 5,634,200 2,817,100 2,817,100 2,591,732 225,368 26 Dixie Road - Kingston to South Limit sidewalk, east side TC -13 2018-2024 54,100- 54,100 40,575 13,525 12,443 1,082 27 Granite Court - Whites to Rosebank sidewalk, north side W-4 2018-2024 207,085- 207,085 155,314 51,771 47,630 4,142 28 Kellino Street - Squires Beach to Church 3 -lane urban reconstruction, incl. storm BI -8 2019 2,236,500- 2,236,500 1,118,250 1,118,250 1,028,790 89,460 29 Squires Beach Road - Bayly to CNR Tracks 3 -lane urban reconstruction, incl. storm BI -18 2019 2,236,500- 2,236,500 1,118,250 1,118,250 1,028,790 89,460 30 A-11 (Plummer) - Sandy Beach Road to Krosno Creek Oversizing to Collector B26B 2021 312,655- 312,655 78,164 234,492 215,732 18,759 31 A-12 (Plummer) - Krosno Creek Crossing Bridge Structure B-27 2021 2,014,434- 2,014,434 503,608 1,510,825 1,389,959 120,866 32 A-13 (N/S Collector) - Krosno Creek to Bayly Street Crossing Oversizing to Collector B-28 2021 50,398- 50,398 12,600 37,799 34,775 3,024 33 Rosebank Road - CPR to Third Concession Rd. reconstruction/widen L-17 2025-2031 4,278,250 - 4,278,250 1,069,563 3,208,688 2,951,993 256,695 34 Rdsebank Road - Third Concession Rd. To Taunton reconstruction/widen L-18 2025-2031 3,137,920 - 3,137,920 784,480 2,353,440 2,165,165 188,275 Watson & Associates Economists Ltd. 2019 Update Study PAGE 20 Prj .No Increased Service Needs Attributable to Anticipated Development 2018-2031 oads Cod Gross Capital Timing (Y )Cost Estimate (2017$) Post Period Benefit Net Capital Cost Benefit to Existing Development Less: Grants, Subsidies and Other Contributions Attributable to New Development Potential DC Recoverable Cost Residential Non- Total Share Residents. Share 92% 8% 35 Montgomery Park Rd. - Sandy Beach Rd. To Mckay Rd. Urbanization /Full Load BI -21 2018-2024 3,710,000 - 3,710,000 1,855,000 1,855,000 1,706,600 148,400 36 Third Concession Rd. - Dixie Rd. To Whites Rd. Reconstruction/widen L-12 2025-2031 4,564,371 - 4,564,371 1,141,093 3,423,278 3,149,416 273,862 37 Third Concession Rd. - Whites Rd. To Altona Rd. Reconstruction/widen L-13 2025-2031 4,564,371 - 4,564,371 1,141,093 3,423,278 3,149,416 273,862 38 Third Concession Rd.-Altona Rd. To West Townline Reconstruction/widen L-14 2025-2031 4,564,371 - 4,564,371 1,141,093 3,423,278 3,149,416 273,862 39 Fairport Rd. - Lynn Heights To Third Concession Rd. Reconstruction/widen L-15 2025-2031 4,279,080 - 4,279,080 1,069,770 3,209,310 2,952,565 256,745 40 Dixie Rd. - Hydro Corridor To Third Concession Rd. Reconstruction/widen L-16 2025-2031 3,993,800 - 3,993,800 998,450 2,995,350 2,755,722 239,628 41 A-8 (Plummer) - Brock Rd. To Salk Road Reconstruction to collector road B-24 2025-2031 462,263 - 462,263 115,566 346,697 318,962 27,736 42 A-9 (Plummer) - Salk Road To Hydro Corridor (centre) New collector road B-25 2025-2031 369,773 - 369,773 92,443 277,330 255,144 22,186 43 A-10 (Plummer) - Hyrdo Conidor (centre) to Sandy Beach Road New collector road B-26 2025-2031 908,586 - 908,586 227,146 681,439 626,924 54,515 44 Walnut Lane Extension -construction and contract admin 2019 2,500,000 2,500,000 625,000 1,875,000 1,725,000 150,000 45 Walnut Lane Extension -EA and Design 2018 211,226 211,226 52,807 158,420 145,746 12,674 46 EA Study A8-Al2 (Plummer) B-24 to B-28 2018-2024 500,000 - 500,000 125,000 375,000 345,000 30,000 Streetlights and Sidewalks 47 WO -2 Kingston Road - South Side Rosebank Rd. to Steeple Hill Includes pedestrian bridge WO -2 2018-2024 332,660 - 332,660 166,330 166,330 153,024 13,306 48 Kingston Road - Glendale Drive to Walnut Lane North side TC -9 2025-2031 351,000 - 351,000 175,500 175,500 161,460 14,040 49 Kingston Road - Dixie Road to Liverpool Road South Side TC -12 2018-2024 585,000 - 585,000 292,500 292,500 269,100 23,400 50 Sidewalk & Streetlights: Rosebank to Whites ES 2000 RO-10 Rosebank to 250 m west North Side RO-10 2018-2024 103,283 - 103,283 51,642 51,642 47,510 4,131 51 Sidewalks & Streetlights TC -7 (2005-2009) Kingston Rd. - Valley Farm Rd. East (south side) to Hydro Conidor. South Side TC -7 2018-2024 133,500 - 133,500 66,750 66,750 61,410 5,340 52 Sidewalks & Streetlights. N.E. Quadrant Delta Bled 03-2321-01-21 WO -1 2025-2031 112,000 - 112,000 56,000 56,000 51,520 4,480 53 Sidewalks & Streetlights: Kingston Rd. Steeple Hill to Whites 04-2321-002-03 North Side WO -3 2018 317,000 - 317,000 158,500 158,500 145,820 12,680 54 Sidewalks & Streetlights: Kingston/Dixie-CNR tracks South Side TC -11 2025-2031 133,500 - 133,500 66,750 66,750 61,410 5,340 55 Streetlights & Sidewalks Brock Road -both sides-Forbrock Rd. to Taunton Road. DH -24 2018-2024 50,000 - 50,000 25,000 25,000 23,000 2,000 56 TC -6 - Valley Farm Road (East Side) Kingston Road to 100m South - Sidewalk/Blvd. in conjunction with adjacent development. TC -6 2018-2024 53,777 - 53,777 26,889 26,889 24,737 2,151 57 Kingston Road - West Limit of Neighbourhood 7 to Dixie Road north side D-1 2018-2024 570,000 - 570,000 285,000 285,000 262,200 22,800 58 Kingston Road - West Limit to East Limit of Neighbourhood 7 (Fairport to CN bridge) south side. D-2 2018-2024 694,535 - 694,535 347,268 347,268 319,486 27,781 59 Finch Avenue - Spruce Hill to East Limit of Neighbourhood 9 north side D-9 2018-2024 285,000 - 285,000 142,500 142,500 131,100 11,400 60 Finch Avenue - Spruce Hill to Fairport Road south side D-10 2018-2024 253,000 - 253,000 126,500 126,500 116,380 10,120 61 Finch Avenue - Brock Road to Hydro Corridor north side V-12 2018-2024 315,650 - 315,650 157,825 157,825 145,199 12,626 Watson & Associates Economists Ltd. 2019 Update Study PAGE 21 Prj .No Increased Senrice Needs Attributable to Anticipated Development 2018-2031 ads Cod Timing (y Gross Capital ) Cost Estimate (2017$) Post Period Benefit Net Capital Cost Benefit to Existing Development Less: Grants, Subsidies and Other Contributions Attributable to New Development Potential DC Recoverable Cost Non - Residential Residential Total Share Share 92% 8% 62 Whites Road - Granite Court to Hwy 401 west side W-5 2018-2024 95,000 - 95,000 47,500 47,500 43,700 3,800 63 Whites Road - North of 3rd Concession to Taunton Road sidewalk, multi -use trail, streetlight RU -8 2018-2024 1,153,000 - 1,153,000 57,650 1,095,350 1,007,722 87,628 64 Whites Road - Finch Ave to Seaton Boundary multi -use 2018-2024 1,741,100 - 1,741,100 174,110 1,566,990 1,441,631 125,359 65 Whites Road - Bridge over west Duffins Creek streetlighting RU -9 2018-2024 809,400 - 809,400 40,470 768,930 707,416 61,514 66 Brock Road - Bayly Street to Montgomery Road East and West Sides BI -4 2018-2024 1,861,600 - 1,861,600 930,800 930,800 856,336 74,464 67 Sideline 24 - Hwy 7 south to north limit of subdivision sidewalk/streetlights RU -12 2018-2024 389,600 - 389,600 58,440 331,160 304,667 26,493 68 Whites Rd. CPR Overpass sidewalk/streetlights A-6 2018-2024 269,800 - 269,800 40,470 229,330 210,984 18,346 69 Bayly Street - Church Street to West Limit Neighbourhood 4 north and south sides BI -1 2018-2024 1,162,300 - 1,162,300 581,150 581,150 534,658 46,492 70 Hwy 7 - Brock Rd to West Townline Sidewalk/streetlights north side RU -10 2018-2024 1,250,800 - 1,250,800 187,620 1,063,180 978,126 85,054 71 Church Street - Bayly Street to Kellino Street west side BI -17 2018-2024 325,000 - 325,000 162,500 162,500 149,500 13,000 72 Altona Road - Strouds Lane to North Limit of Neighbourhood 10 east and west sides H1 2018-2024 1,300,000 - 1,300,000 650,000 650,000 598,000 52,000 73 Finch Avenue - West Limit of Neighbourhood 7 to Duncannon Dr. north side L-6 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 74 Finch Avenue - Lynn Heights to East 80m north side L-7 2018-2024 40,000 - 40,000 20,000 20,000 18,400 1,600 75 Finch Avenue - Valley Farm Road to West 600m south side L-9 2018-2024 300,000 - 300,000 150,000 150,000 138,000 12,000 76 Finch Avenue - Valley Farm Road to East 300m north side L-10 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 77 Finch Avenue - Altona Road to Rosebank Road south side RP -6 2018-2024 250,000 - 250,000 125,000 125,000 115,000 10,000 78 Finch Avenue - Rosebank Road to 500m West north side RP -5 2018-2024 250,000 - 250,000 125,000 125,000 115,000 10,000 79 Altona Road - Finch Avenue to Hydro Corridor (N) east side RP -9 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 80 Altona Road - Finch Avenue to North Limit of Neighbourhood 14 west side RP -10 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 81 Altona Road - Finch Avenue to North Limit of Neighbourhood 14 east side RP -11 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 82 North Road - Hwy 7 south to north limit of subdivision sidewalk/streetlights RU -11 2018-2024 500,000 - 500,000 75,000 425,000 391,000 34,000 83 Whitevale Road - Altona Road to York/Durham Townline sidewalk/streetlights/multi-use trail RU -14 2018-2024 675,000 - 675,000 101,250 573,750 527,850 45,900 84 Taunton Rd. - Sideline 16 to Church St. sidewalk/streetlights/multi-use trail RU -17 2025-2031 375,000 - 375,000 56,250 318,750 293,250 25,500 85 Taunton Rd. - Whites Rd. To West Townline sidewalk/streetlights/multi-use trail RU -18 2025-2031 2,475,000 - 2,475,000 371,250 2,103,750 1,935,450 168,300 86 South Esplanade Pedestrian Mall walkway 2025-2031 900,000 - 900,000 450,000 450,000 414,000 36,000 87 Kingston Road - Fronting 820 Kingston Road to Fairport Rd North Side (455m) WO -10 2018-2024 270,000 - 270,000 135,000 135,000 124,200 10,800 88 Kingston Road - Rougemount Drive to 300m west North Side RO-12 2018-2024 175,500 - 175,500 87,750 87,750 80,730 7,020 Traffic Signals 89 Pickering Parkway at Glenanna Rd. - Signalization TC -4 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 90 Glenanna Road at Fairport Road Signalization D-8 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 91 Welnis Street at Fairport Road Signalization D-12 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 92 Rosebank Road at Sheppard Avenue Jog elimination/Signalization & EA WO -8 2018-2024 700,000 - 700,000 70,000 630,000 579,600 50,400 93 Rosebank Road at Higheew Road/Deerhaven Lane Signalization A-5 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 94 Strouds Lane at Aspen Road/Shadybrook Drive Signalization A-7 2025-2031 600,000 - 600,000 60,000 540,000 496,800 43,200 95 Finch Avenue at WooddewAvenue Signalization RP -1 2025-2031 300,000 - 300,000 30,000 270,000 248,400 21,600 Reserve Fund Adjustment (18,249,536) (16,789,573) (1,459,963) 122,899,489 - 122,899,489 37,774,778 - 66,875,175 61,525,161 5,350,014 Watson & Associates Economists Ltd. 2019 Update Study PAGE 22 Table 3-5 Infrastructure Costs Covered in the D.C. Calculation - Administration Studies Prj.No 1 Increased Service Needs Attributable to Anticipated Development 2018-2027 Development Charges Background Study liming (year) 2022 ro- apital Cos Estimate (2017$) 125,000- ost Period Benefit et Capital Cost 125,000 Subtotal ess: 11therg. ( e. 10% Statutory Deduction) 12,500 Potential Total 112,500 DC Recoverable Cost Non- Residential Residential Share Share 78% 22% 87,750 24,750 : - - t to Existing Development - Subsidies and Other Contributions Attributable to New nP.pn mPnt 125,000 2 Development Charges Background Study 2027 125,000- 125,000 - 125,000 12,500 112,500 87,750 24,750 3 South Pickering Intensification Study (Incl. Parts 4-5) 2018-2020 400,000- 400,000 100,000 300,000 30,000 270,000 210,600 59,400 4 South Pickering Heritage Inventory 2018-2020 54,000- 54,000 40,500 13,500 1,350 12,150 9,477 2,673 5 Municipal Comprehensive Review 2022 500,000- 500,000 125,000 375,000 37,500 337,500 263,250 74,250 6 Official Plan Review 2027 250,000- 250,000 125,000 125,000 12,500 112,500 87,750 24,750 7 Comprehensive Zoning By-law Review 2018-2021 431,700 - 431,700 107,925 323,775 32,378 291,398 227,290 64,107 8 Planning Application Fee Review Study 2018 25,000 - 25,000- 25,000 2,500 22,500 17,550 4,950 9 Community Improvement Plans for Durham Live Lands and for City Centre Lands 2019-2022 150,000- 150,000 37,500 112,500 11,250 101,250 78,975 22,275 10 Infill and Replacement Housing in Established Neighborhoods 2018-2026 150,000- 150,000 75,000 75,000 7,500 67,500 52,650 14,850 11 Library -Strategic Plan 2018 60,000- 60,000 15,000 45,000 4,500 40,500 31,590 8,910 12 Library-Facilities/Master Plan 2018 54,000- 54,000 13,500 40,500 4,050 36,450 28,431 8,019 13 Library -Strategic Plan 2022 60,000- 60,000 15,000 45,000 4,500 40,500 31,590 8,910 14 Library -Strategic Plan 2026 60,000- 60,000 15,000 45,000 4,500 40,500 31,590 8,910 15 Traffic Management Plan for Downtown Pickering 2026 373,320- 373,320 37,332 335,988 335,988 262,071 73,917 16 Transportation Demand Management Plan/Parking Management Plan (Seaton) 2026 161,900- 161,900 16,190 145,710 145,710 113,654 32,056 17 Downtown Parking Strategy Study 2021-2022 107,900- 107,900 10,790 97,110 9,711 87,399 68,171 19,228 18 Neighbourhood Traffic Calming Measures 2018-2027 150,000- 150,000 15,000 135,000 135,000 105,300 29,700 19 Transportation MasterPlan Update 2027 400,000- 400,000 40,000 360,000 360,000 280,800 79,200 20 Esplanade Study Provision 2018-2026 50,000- 50,000 12,500 37,500 3,750 33,750 26,325 7,425 21 Fire MasterPlan 2019 134,900- 134,900 33,725 101,175 101,175 78,917 22,259 22 Brock Industrial Drainage Master Plan 2018-2027 300,000- 300,000 30,000 270,000 1 270,000 210,600 59,400 23 Stormwater Management Study for Infill Development 2018-2027 215,800- 215,800 53,950 161,850 161,850 126,243 35,607 24 Frenchman's Bay Stonnwater Management Master Plan Update 2018-2027 700,000- 700,000 70,000 630,000 630,000 491,400 138,600 25 Pickering City Centre Stormwater Management Strategy Update 2018-2027 250,000- 250,000 25,000 225,000 225,000 175,500 49,500 26 SWM User Fee Study 2018-2027 200,000- 200,000 100,000 100,000 10,000 90,000 70,200 19,800 Watson & Associates Economists Ltd. 2019 Update Study PAGE 23 . Pr] No Increased Service Needs Attributable to Anticipated Development 2018-2027 ii= Timing (year) Gross Capital Cost Estimate (2017$) Post Period Benefit Net Capital Cost Less: Benefit to Existing Development vrants, Subsidies and Other Contributions Attributable to New n,m.in mart Subtotal Less: Other (e.g. 10% Statutory Deduction) Potential Total DC Recoverable Residential Share 78% Cost Non - Residential Share 22% 27 Community Engagement on Economic Impact and Employment - Highway 407 Corridor 2018 150,000- 150,000 84,773 - 65,227 6,523 58,704 45,789 12,915 28 Pickerin. Co .orate Ene . Plan U.date 2019 50,000- 50,000 28,258 21,742 2,174 19,568 15,263 4,305 29 Seaton Cor.orate Ene . Plan U.date 2022 50,000- 50,000 - 50,000 5,000 45,000 35,100 9,900 30 Pickerin. Climate Ada.tion Plan 2020 150,000- 150,000 84,773 65,227 6,523 58,704 45,789 12,915 31 Broadband Strate. and Im.lementation Plan 2019 75,000- 75,000 42,387 32,613 3,261 29,352 22,895 6,457 32 Natural Ca.ital Asset Evaluation 2022 75,000- 75,000 42,387 32,613 3,261 29,352 22,895 6,457 33 Facilities Management Plan 2018 150,000- 150,000 37,500 112,500 11,250 101,250 78,975 22,275 34 Facilities Management Plan Update 2027 167,000- 167,000 41,750 125,250 12,525 112,725 87,926 24,800 35 Facilities Renewal Plan 2018-2026 200,000- 200,000 113,031 86,969 8,697 78,272 61,052 17,220 36 Facilities Way Finding Study 2018-2026 50,000- 50,000 28,258 - 21,742 2,174 19,568 15,263 4,305 37 Space Use Study 2018 35,000- 35,000 26,250 - 8,750 875 7,875 6,143 1,733 38 Urban Forest Mana.ement 2018-2026 97,100- 97,100 24,275 - 72,825 7,283 65,543 51,123 14,419 39 Seaton Primary Trails 10 EA Phase 1 & 2 Lands includin. site walks, sum in.,arohaeolo. 2018 400,000 400,000 400,000 40,000 360,000 280,800 79,200 40 Diversity and Inclusion Plan 2020 75,000- 75,000 42,387 - 32,613 3,261 29,352 22,895 6,457 41 Age Friendly Community Plan 2018 75,000- 75,000 42,387 32,613 3,261 29,352 22,895 6,457 42 Seniors Recreation Strategic Plan 2019 75,000- 75,000 37,500 37,500 3,750 33,750 26,325 7,425 43 Recreation Services MasterPlan Update 2027 170,000- 170,000 42,500 127,500 12,750 114,750 89,505 25,245 44 Waterfront Park Needs Assessment 2019-2020 100,000- 100,000 25,000 75,000 7,500 67,500 52,650 14,850 45 Whitevale Park Revitalization Study 2021 80,000- 80,000 20,000 60,000 6,000 54,000 42,120 11,880 46 New Financial System 2018-2026 5,000,000- 5,000,000 2,825,781 2,174,219 217,422 1,956,797 1,526,302 430,495 47 D.C. Amendment 2019-2020 60,664- 60,664 - 60,664 6,066 54,598 42,586 12,012 48 Fair Minded Pricing Policy 2020 60,664- 60,664 34,285 - 26,380 2,638 23,742 18,518 5,223 Reserve Fund Adjustment ------ 673,868 - 673,868 525,617 148,251 Total I Irk - L - 8,770,423 573,183 8,197,240 6,393,847 1,803,393 Watson & Associates Economists Ltd. 2019 Update Study PAGE 24 4. Revised D.C. Calculation and Schedule of Charges Based on the proposed amendments the 2017 D.C. Background Study and D.C. By - Law the calculated schedule of charges is provided in Table 4-1 below. The charges are provided in 2018$ consistent with Table 6-5 of the 2017 D.C. Background Study. As noted in Chapter 1 of this report, Council adopted specific exemption policies with respect to some types of development. These exemption policies, as well as all other D.C. policies (i.e. rules) contained in By-law 7595-17, remain unchanged through this process. Only the schedule of charges with respect to Parks and Recreation Services, Library Services, Administration Studies, Protection Services, and Transportation Services are being amended to reflect the updated capital cost estimates noted herein. A comparison of the amended charges herein (indexed to 2019$), with the City's current 2019 D.C. rates is provided in Table 4-2. In total, the single and semi-detached D.C. for developments outside of the Seaton Lands would increase by $1,155 per unit (8%) and the non-residential charge would increase by $0.08 per sq.ft. of GFA (2%). For development within the Seaton Lands, the single and semi-detached D.C. would increase by $1,155 per unit (15%), the prestige employment land charge would increase by $3,285 per net hectare (8%), and the non-residential charge for all other uses would increase by $0.10 per sq.ft. GFA (8%). Detailed cash-flow calculation tables underlying the calculation of the D.C.s, as revised by the amendments, are summarized in Tables 4-3 through 4-16. Watson & Associates Economists Ltd. 2019 Update Study PAGE 25 Table 4-1 Amended Schedule of Development Charges (2018$ 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study PAGE 26 RESIDENTIAL NON-RESIDENTIAL Single an. Apartments (per ft2 of (per net Ha Semi- Apartments • Bachelor Other Total of Prestige Detached 2 Bedrooms and 1 Multiples Floor Employme Dwelling +=edroom Area) 2 nSeand in Municipal Wide Services: Other Services Related to a Highway 441 279 197 356 0.15 5,451 Protection Services 920 581 412 743 0.35 11,828 Parks and Recreation Services 6,047 3,820 2,706 4,882 0.47 16,036 Library Services 1,003 634 449 810 0.07 2,397 Administration Studies 286 181 128 231 0.11 3,676 Stormwater Management 288 182 129 233 0.10 3,503 Total Municipal Wide Services 8,985 5,677 4,021 7,255 1.24 42,891 Outside of Seaton Lands Transportation 1 6,447 4,073 2,886 5,205 1.81 Total Services Outside of Seaton Lands 6,447 4,073 2,886 5,205 1.81 Seaton 8,985 5,677 4,021 7,255 1.24 42,891 Rest of Pickering 15,432 9,750 6,907 12,460 3.05 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study PAGE 26 Table 4-2 Comparison of Development Charges (2019$) Service Non -Residential (per net Ha of Prestige ential Single and Semi -Detached Dwelling Non -Residential (per ft' of Total Floor Area) 2 Employment Land in Seaton) Mr7 D.C. Amendment Change ($) Change (%) 2017 D.C. Amendment Change ($) Change (%) 2017 D.C. Amendment Change ($) Change (%) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 470 948 5,175 1,158 296 307 470 981 6,450 1,070 306 307 33 1,275 (88) 10 0% 3% 25% -8% 3% 0% 0.16 0.35 0.42 0.08 0.11 0.11 0.16 0.36 0.51 0.07 0.11 0.11 0.01 0.09 (0.01) 0.00 0% 3% 21% -8% 3% 0% 5,814 12,194 14,146 2,779 3,797 3.738 5,814 12,617 17,106 2,557 3,921 3.738 423 2,960 (222) 124 0% 3% 21% -8% 3% 0% Total Municipal Wide Services 8,354 9,584 1,230 24% 1.23 1.33 0.10 20% 42,468 45,753 3,285 20% Outside of Seaton Lands Transportation 1 6,952 6,878 (74) -1°% 1.95 1.93 (0.02) -1% Total Services Outside of Seaton Lands 6,952 6,878 (74) -1 % 1.95 1.93 (0.02) -1 % 0% Seaton Rest of Pickering 8,354 15,306 9,584 16,461 1,230 1,155 15% 8% 1.23 3.18 1.33 3.26 0.10 0.08 8% 2% 42,468 42,468 45,753 45,753 3,285 3,285 8% Watson & Associates Economists Ltd. 2019 Update Study PAGE 27 Table 4-3 Cash Flow Analysis Protection Services- Residential Year 2018 D.C. Reserve Fund Opening 1 Balance $ 198,257 Dev't Related Nominal $ 45,037 Expenditures Inflated (3°/dYr) $ 46,388 SDE per Year 2,499 DC Rates w. Inflation (3°/dYr) $ 920 Anticipated Revenues $ 2,298,829 Revenues minus Expenditures $ 2,252,441 Debenture Financing Requiremen Interest (2.5%on positive balances & 5 on negativ balances) DC Reserve Fund Closing Balance after Financing Net Hectares ted (3°/dYr) per Year $ 4,693 18 $ 20,721 $ 2,074,905 2019 $ 2,074,905 $ 6,534,675 $ 6,932,636 2,499 $ 948 $ 2,367,794 $ 4,564,842 2020 $ 36,312 $ 2,526,250 2020 $ 2,526,250 $ 4,294,492 $ 4,692,707 2,499 $ 976 $ 2,438,828 $ 2,253,879 - $ 182,659 $ 4,962,789 2021 $ 4,962,789 $ 318,524 $ 358,502 2,499 $ 1,005 $ 2,511,992 $ 2,153,490 $ 1,094 $ 194,302 $ 3,003,600 2022 $ 3,003,600 $ 10,814 $ 12,537 2,499 $ 1,035 $ 2,587,352 $ 2,574,815 - $ 85,810 $ 514,595 2023 $ 514,595 $ 8,479,374 $ 10,124,816 2,155 $ 1,067 $ 2,298,353 $ 7,826,462 $ 14,123 $ 221,391 $ 8,562,448 2024 $ 8,562,448 $ 318,524 $ 391,745 2,155 $ 1,099 $ 2,367,304 $ 1,975,559 - $ 378,733 $ 6,965,622 2025 $ 6,965,622 $ 10,814 $ 13,699 2,155 $ 1,131 $ 2,438,323 $ 2,424,624 $ 273,816 $ 287,666 $ 4,828,664 2026 $ 4,828,664 $ 10,814 $ 14,110 2,155 $ 1,165 $ 2,511,473 $ 2,497,363 $ 178,999 $ 2,510,301 2027 $ 2,510,301 $ 10,814 $ 14,534 2,155 $ 1,200 $ 2,586,817 $ 2,572,283 $ 61,983 $ 0 Table 4-4 Cash Flow Analysis Protection Services - Seaton Prestige Employment Land Year 2018 D.C. Reserve Fund Opening Balance $ 20,055 Dev't Related Expend-- DC Rates w. Inflation (3°/d $ 11,828 Anticipated Revenues $ 217,280 avenue minus £Penditures $ 212,587 ebenture financing Requirement Interest (2.5% on positive balances & 5° on negativ balances) $ 1,905 DC Reserve Fund Closing Balance after Financin $ 194,437 Nominal $ 4,556 Net Hectares ted (3°/dYr) per Year $ 4,693 18 2019 $ 194,437 $ 661,039 $ 701,296 18 $ 12,183 $ 223,798 $ 477,498 $ 4,646 $ 287,707 2020 $ 287,707 $ 434,425 $ 474,708 18 $ 12,548 $ 230,512 $ 244,196 $ 20,490 $ 552,392 2021 $ 552,392 $ 32,221 $ 36,266 18 $ 12,924 $ 237,427 $ 201,162 $ 22,591 $ 373,821 2022 $ 373,821 $ 1,094 $ 1,268 18 $ 13,312 $ 244,550 $ 243,282 $ 12,609 $ 143,148 2023 $ 143,148 $ 857,762 $ 1,024,212 18 $ 13,712 $ 251,887 $ 772,325 - $ 26,466 $ 941,939 2024 $ 941,939 $ 32,221 $ 39,628 18 $ 14,123 $ 259,443 $ 219,815 - $ 41,602 $ 763,726 2025 $ 763,726 $ 1,094 $ 1,386 18 $ 14,547 $ 267,227 $ 265,841 $ 31,540 $ 529,425 2026 $ 529,425 $ 1,094 $ 1,427 18 $ 14,983 $ 275,243 $ 273,816 - $ 19,626 $ 275,235 2027 $ 275,235 $ 1,094 $ 1,470 18 $ 15,433 $ 283,501 $ 282,031 $ 6,796 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 28 Table 4-5 Cash Flow Analysis Protection Services - Other Non -Residential Year 2018 D.C. Reserve Fund Opening Balance $ 35,863 Dev't Related ExpenditureM�Fir GFA per Year Nominal Inflated (3°/1Yr) -' $ 8,147 $ 8,391 1,118,519 DC Rates w. Inflation (3°/dYr) $ 0.35 Anticipated Revenues $ 388,542 Revenues minus Expenditures $ 380,150 Debenture Financing Requiremen Interest (2.5%on positive balances & on negativ balances) DC Reserve Fund Closing Balance after Financing $ 347,694 - $ 3,407 2019 $ 347,694 $ 1,182,075 $ 1,254,063 1,118,519 $ 0.36 $ 400,198 $ 853,865 - $ 8,308 $ 514,479 2020 $ 514,479 $ 776,842 $ 848,876 1,118,519 $ 0.37 $ 412,204 $ 436,673 - $ 36,641 $ 987,793 2021 $ 987,793 $ 57,619 $ 64,850 1,118,519 $ 0.38 $ 424,570 $ 359,719 - $ 40,397 $ 668,470 2022 $ 668,470 $ 1,956 $ 2,268 1,118,519 $ 0.39 $ 437,307 $ 435,039 $ 22,548 $ 255,979 2023 $ 255,979 $ 1,533,857 $ 1,831,505 1,118,519 $ 0.40 $ 450,426 $ 1,381,079 - $ 47,326 $ 1,684,383 2024 $ 1,684,383 $ 57,619 $ 70,864 1,118,519 $ 0.41 $ 463,939 $ 393,075 - $ 74,392 $ 1,365,701 2025 $ 1,365,701 $ 1,956 $ 2,478 1,118,519 $ 0.43 $ 477,857 $ 475,379 - $ 56,401 $ 946,722 2026 $ 946,722 $ 1,956 $ 2,552 1,118,519 $ 0.44 $ 492,193 $ 489,640 - $ 35,095 $ 492,177 2027 $ 492,177 $ 1,956 $ 2,629 1,118,519 $ 0.45 $ 506,959 $ 504,330 - $ 12,153 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 29 Table 4-6 Cash Flow Analysis Transportation Services- Non -Residential Year D.C. Reserve Fund Opening Balance Dev't Related Expenditures Nominal Inflated (3°/dYr) 1 GFA per Year DC Rates w. ° Inflation (3/✓Yr) Anticipated Revenues Revenues minus Expenditures Debenture Financing Requirement Interest (2.5%on positive balances & 5% on negative balances) DC Reserve Fund Closing Balance after Financing 2018 $ 1,459,963 $ 432,781 $ 445,764 279,599 $ 1.81 $ 504,875 $ 59,111 $ 37,238 $ 1,556,312 2019 $ 1,556,312 $ 736,347 $ 781,191 279,599 $ 1.86 $ 520,021 $ 261,170 - $ 35,643 $ 1,330,785 2020 $ 1,330,785 $ 650,635 $ 710,966 279,599 $ 1.92 $ 535,622 $ 175,344 - $ 31,078 $ 1,186,519 2021 $ 1,186,519 $ 793,284 $ 892,848 279,599 $ 1.97 $ 551,690 $ 341,157 - $ 25,399 $ 870,760 2022 $ 870,760 $ 650,635 $ 754,264 279,599 $ 2.03 $ 568,241 $ 186,023 - $ 19,444 $ 704,181 2023 $ 704,181 $ 650,635 $ 776,892 279,599 $ 2.09 $ 585,288 $ 191,603 - $ 15,209 $ 527,788 2024 $ 527,788 $ 650,635 $ 800,198 279,599 $ 2.16 $ 602,847 $ 197,351 $ 10,728 $ 341,164 2025 $ 341,164 $ 320,718 $ 406,276 279,599 $ 2.22 $ 620,933 $ 214,656 - $ 11,212 $ 567,033 2026 $ 567,033 $ 320,718 $ 418,464 279,599 $ 2.29 $ 639,560 $ 221,096 - $ 16,940 $ 805,068 2027 $ 805,068 $ 320,718 $ 431,018 279,599 $ 2.36 $ 658,747 $ 227,729 $ 22,973 $ 1,055,771 2028 $ 1,055,771 $ 320,718 $ 443,949 84,250 $ 2.43 $ 204,451 $ 239,498 - $ 23,401 $ 839,673 2029 $ 839,673 $ 320,718 $ 457,267 84,250 $ 2.50 $ 210,585 $ 246,683 - $ 17,908 $ 610,898 2030 $ 610,898 $ 320,718 $ 470,985 84,250 $ 2.57 $ 216,902 $ 254,083 $ 12,096 $ 368,912 2031 $ 368,912 $ 320,718 $ 485,115 42,125 $ 2.65 $ 111,705 $ 373,410 - $ 4,499 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 30 Table 4-7 Cash Flow Analysis Transportation Services- Non -Residential Year 2018 D.C. Reserve Fund Opening Balance $ 1,459,963 Dev't Related Expenditures Nominal Inflated (3°/dYr) $ 432,781 $ 445,764 1 GFA per Year 279,599 DC Rates w. ° Inflation (3/✓Yr) $ 1.81 Anticipated Revenues $ 504,875 Revenues minus Expenditures $ 59,111 Debenture Financing Requirement Interest (2.5%on positive balances & 5% on negative balances) $ 37,238 DC Reserve Fund Closing Balance after Financing $ 1,556,312 2019 $ 1,556,312 $ 736,347 $ 781,191 279,599 $ 1.86 $ 520,021 $ 261,170 - $ 35,643 $ 1,330,785 2020 $ 1,330,785 $ 650,635 $ 710,966 279,599 $ 1.92 $ 535,622 $ 175,344 - $ 31,078 $ 1,186,519 2021 $ 1,186,519 $ 793,284 $ 892,848 279,599 $ 1.97 $ 551,690 $ 341,157 - $ 25,399 $ 870,760 2022 $ 870,760 $ 650,635 $ 754,264 279,599 $ 2.03 $ 568,241 $ 186,023 - $ 19,444 $ 704,181 2023 $ 704,181 $ 650,635 $ 776,892 279,599 $ 2.09 $ 585,288 $ 191,603 - $ 15,209 $ 527,788 2024 $ 527,788 $ 650,635 $ 800,198 279,599 $ 2.16 $ 602,847 $ 197,351 $ 10,728 $ 341,164 2025 $ 341,164 $ 320,718 $ 406,276 279,599 $ 2.22 $ 620,933 $ 214,656 - $ 11,212 $ 567,033 2026 $ 567,033 $ 320,718 $ 418,464 279,599 $ 2.29 $ 639,560 $ 221,096 - $ 16,940 $ 805,068 2027 $ 805,068 $ 320,718 $ 431,018 279,599 $ 2.36 $ 658,747 $ 227,729 $ 22,973 $ 1,055,771 2028 $ 1,055,771 $ 320,718 $ 443,949 84,250 $ 2.43 $ 204,451 $ 239,498 - $ 23,401 $ 839,673 2029 $ 839,673 $ 320,718 $ 457,267 84,250 $ 2.50 $ 210,585 $ 246,683 - $ 17,908 $ 610,898 2030 $ 610,898 $ 320,718 $ 470,985 84,250 $ 2.57 $ 216,902 $ 254,083 $ 12,096 $ 368,912 2031 $ 368,912 $ 320,718 $ 485,115 42,125 $ 2.65 $ 111,705 $ 373,410 - $ 4,499 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 31 Table 4-8 Cash Flow Analysis Parks & Recreation - Residential Year 2018 D.C. Reserve Fund Opening Balance $ 15,701,991 Dev't Related Nominal $ 3,621,317 Expenditures Inflated (3°/dYr) $ 3,729,956 -11 Existing Debt SDE per Year arrying Costs (P&I) $ - 2,499 DC Rates w. Inflation (3 /dYr) $ 6,047 ir- Anticipated Revenues $ 15,108,477 Revenues minus Expenditures $ 11,378,520 Debenture Financing Requireme $ 438,576 Interest (2.5%on positive balances & 5% on negative balances) $ 529,299 DC Reserve Fund Closing alance after Financing $ 27,171,235 2019 $ 27,171,235 $ 4,167,057 $ 4,420,831 $ 918,180 2,499 $ 6,228 $ 15,561,731 $ 10,222,719 $ 438,576 $ 801,583 $ 37,756,961 2020 $ 37,756,961 $ 3,383,239 $ 3,696,956 $ 2,128,205 2,499 $ 6,415 $ 16,028,583 $ 10,203,422 $ 438,576 $ 1,065,985 $ 48,587,791 2021 $ 48,587,791 $ 13,746,988 $ 15,472,356 $ 3,338,229 2,499 $ 6,607 $ 16,509,440 $ 2,301,145 $ 438,576 $ 1,180,448 $ 47,028,519 2022 $ 47,028,519 $ 43,111,216 $ 49,977,715 $ 3,338,229 2,499 $ 6,805 $ 17,004,724 $ 36,311,221 $ 438,576 $ 716,341 $ 10,995,063 2023 $ 10,995,063 $ 4,186,711 $ 4,999,152 $ 3,338,229 2,155 $ 7,010 $ 15,105,351 $ 6,767,970 $ 438,576 $ 353,994 $ 17,678,451 2024 $ 17,678,451 $ 6,091,283 $ 7,491,510 $ 3,338,229 2,155 $ 7,220 $ 15,558,512 $ 4,728,773 $ 438,576 $ 495,589 $ 22,464,237 2025 $ 22,464,237 $ 2,106,876 $ 2,668,927 $ 3,338,229 2,155 $ 7,436 $ 16,025,267 $ 10,018,111 $ 438,576 $ 681,350 $ 32,725,122 2026 $ 32,725,122 $ 2,772,344 $ 3,617,280 $ 3,338,229 2,155 $ 7,660 $ 16,506,025 $ 9,550,516 $ 438,576 $ 932,027 $ 42,769,090 2027 $ 42,769,090 $ 9,232,938 $ 12,408,296 $ 47,444,998 2,155 $ 7,889 $ 17,001,206 $ 42,852,088 $ 438,576 $ 521,574 $ - Table 4-9 Cash Flow Analysis Parks and Recreation - Seaton Prestige Employment Land Year 2018 D.C. Reserve Fund Opening Balance $ 2,760 Dev't Related Expenditures Existing Debt Nominal Inflated (3°/dYr) Carrying Costs (P&I) $ 68,358 $ 70,408 $- -� Net Hectares per Year 18 ,r DC Rates w. Inflation (3%/Yr) $ 16,036 Anticipated Revenues $ 294,581 Revenues minus Expenditures $ 224,173 Debenture Financing Requirement $ 8,279 Interest (2.5% on positive balances & 5% on negative balances) $ 2,768 DC Reserve IFund Closing Balance after Financing $ 221,422 2019 $ 221,422 $ 78,659 $ 83,450 $ 17,332 18 $ 16,517 $ 303,419 $ 202,637 $ 8,279 $ 7,965 $ 423,745 2020 $ 423,745 $ 63,864 $ 69,786 $ 40,173 18 $ 17,012 $ 312,521 $ 202,563 $ 8,279 $ 13,022 $ 631,051 2021 $ 631,051 $ 259,495 $ 292,064 $ 63,014 18 $ 17,523 $ 321,897 $ 33,181 $ 8,279 $ 15,258 $ 604,850 2022 $ 604,850 $ 813,788 $ 943,404 $ 63,014 18 $ 18,048 $ 331,554 $ 674,864 $ 8,279 $ 5,603 $ 72,689 2023 $ 72,689 $ 79,030 $ 94,366 $ 63,014 18 $ 18,590 $ 341,501 $ 184,120 $ 8,279 $ 528 $ 102,624 2024 $ 102,624 $ 114,982 $ 141,413 $ 63,014 18 $ 19,147 $ 351,746 $ 147,318 $ 8,279 $ 4,304 $ 245,967 2025 $ 245,967 $ 39,770 $ 50,380 $ 63,014 18 $ 19,722 $ 362,298 $ 248,904 $ 8,279 $ 9,157 $ 495,749 2026 $ 495,749 $ 52,332 $ 68,282 $ 63,014 18 $ 20,314 $ 373,167 $ 241,871 $ 8,279 $ 15,314 $ 744,656 2027 $ 744,656 $ 174,285 $ 234,225 $ 895,595 18 $ 20,923 $ 384,362 $ 745,458 $ 8,279 $ 9,081 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 32 Table 4-10 Cash Flow Analysis Parks & Recreation - Other Non -Residential Year 2018 D.C. Reserve Fund Opening Balance $ 4,936 Dev't Related Nominal $ 122,238 Expenditures Inflated (3Yr) °/d Existing Debt GFA per Year arrying Costs(P&I) $- 1,118,519 DC Rates w. Inflation (3°/dYr) $ 0.47 Anticipated Revenues $ 526,773 Revenues minus Expenditures $ 400,868 Debenture Financing Requirement $ 14,804 Interest (2.5%on positive balances & 5% on negative balances) $ 4,949 DC Reserve Fund Closing glance after Financing $ 125,905 $ 395,949 2019 $ 395,949 $ 140,659 $ 149,226 $ 30,993 1,118,519 $ 0.49 $ 542,576 $ 362,357 $ 14,804 $ 14,243 $ 757,745 2020 $ 757,745 $ 114,202 $ 124,791 $ 71,838 1,118,519 $ 0.50 $ 558,853 $ 362,225 $ 14,804 $ 23,286 $ 1,128,452 2021 $ 1,128,452 $ 464,031 $ 522,271 $ 112,682 1,118,519 $ 0.51 $ 575,619 $ 59,334 $ 14,804 $ 27,285 $ 1,081,598 2022 $ 1,081,598 $ 1,455,223 $ 1,687,002 $ 112,682 1,118,519 $ 0.53 $ 592,888 $ 1,206,797 $ 14,804 $ 10,020 $ 129,983 2023 $ 129,983 $ 141,323 $ 168,747 $ 112,682 1,118,519 $ 0.55 $ 610,674 $ 329,245 $ 14,804 $ 944 $ 183,514 2024 $ 183,514 $ 205,612 $ 252,877 $ 112,682 1,118,519 $ 0.56 $ 628,994 $ 263,436 $ 14,804 $ 7,696 $ 439,841 2025 $ 439,841 $ 71,118 $ 90,090 $ 112,682 1,118,519 $ 0.58 $ 647,864 $ 445,092 $ 14,804 $ 16,375 $ 886,503 2026 $ 886,503 $ 93,581 $ 122,102 $ 112,682 1,118,519 $ 0.60 $ 667,300 $ 432,516 $ 14,804 $ 27,384 $ 1,331,600 2027 $ 1,331,600 $ 311,659 $ 418,843 $ 1,601,510 1,118,519 $ 0.61 $ 687,319 $ 1,333,034 $ 14,804 $ 16,239 $ - Table 4-11 Cash Flow Analysis Library - Residential Year D.C. Reserve Fund Opening Balance Dev't Related Expenditures Nominal Inflated (3°/dYr) Existing Debt Carrying Costs (P&I) SDE per Year -�Interest DC Rates w. ° Inflation (3 /dYr) Anticipated Revenues Revenues minus Expenditures Debenture Financing Requirement (2.5% on positive balances & 5% on negative balances) IDC Reserve Fund Closing Balance after Financing 2018 $ 2,658,843 $ 523,648 $ 539,357 $ 82,286 2,499 $ 1,003 $ 2,507,192 $ 1,885,548 - $ 90,040 $ 4,634,431 2019 $ 4,634,431 $ 2,749,152 $ 2,916,576 $ 572,478 2,499 $ 1,034 $ 2,582,408 $ 906,646 - $ 104,528 $ 3,832,312 2020 $ 3,832,312 $ - $ - $ 1,062,670 2,499 $ 1,065 $ 2,659,880 $ 1,597,209 - $ 115,773 $ 5,545,295 2021 $ 5,545,295 $ 1,006,861 $ 1,133,231 $ 1,062,670 2,499 $ 1,096 $ 2,739,676 $ 543,775 - $ 145,430 $ 6,234,499 2022 $ 6,234,499 $ 1,857,910 $ 2,153,827 $ 1,062,670 2,499 $ 1,129 $ 2,821,867 $ 394,631 - $ 150,930 $ 5,990,798 2023 $ 5,990,798 $ 1,582,311 $ 1,889,362 $ 1,062,670 2,155 $ 1,163 $ 2,506,673 $ 445,359 - $ 144,203 $ 5,689,642 2024 $ 5,689,642 $ - $ - $ 1,062,670 2,155 $ 1,198 $ 2,581,873 $ 1,519,203 - $ 161,231 $ 7,370,076 2025 $ 7,370,076 $ - $ - $ 1,062,670 2,155 $ 1,234 $ 2,659,330 $ 1,596,659 - $ 204,210 $ 9,170,945 2026 $ 9,170,945 $ - $ - $ 1,062,670 2,155 $ 1,271 $ 2,739,110 $ 1,676,439 - $ 250,229 $ 11,097,613 2027 $ 11,097,613 $ - $ - $ 14,054,233 2,155 $ 1,309 $ 2,821,283 $ 11,232,950 - $ 135,337 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 33 Table 4-12 Cash Flow Analysis Library - Seaton Prestige Employment Land Year 2018 D.C. Reserve Fund Opening Balance $ 50,190 Dev't Related Nominal $ 9,885 Expenditures Inflated (3°/dYr) $ 10,181 11 Existing Debt Net Hectares Carrying Costs (P&I) per Year $ 1,553 18 DC Rates w. Inflation (3V,Nr) $ 2,397 Anticipated Revenues $ 44,032 Revenues minus Expenditures $ 32,297 Debenture Financing Requirement - Interest (2.5%on positive balances & 5% on negative balances) $ 1,658 DC Reserve Fund Closing glance after Financing $ 84,146 2019 $ 84,146 $ 51,894 $ 55,055 $ 10,806 18 $ 2,469 $ 45,353 $ 20,508 - $ 1,847 $ 65,485 2020 $ 65,485 $- $ - $ 20,059 18 $ 2,543 $ 46,713 $ 26,654 - $ 1,970 $ 94,109 2021 $ 94,109 $ 19,006 $ 21,391 $ 20,059 18 $ 2,619 $ 48,115 $ 6,664 - $ 2,436 $ 103,209 2022 $ 103,209 $ 35,071 $ 40,657 $ 20,059 18 $ 2,698 $ 49,558 $ 11,158 $ 35,871 1,118,519 $ 2,441 $ 94,492 2023 $ 94,492 $ 29,868 $ 35,665 $ 20,059 18 $ 2,779 $ 51,045 $ 4,679 - $ 2,304 $ 92,117 2024 $ 92,117 $ - $ - $ 20,059 18 $ 2,862 $ 52,576 $ 32,517 - $ 2,709 $ 127,343 2025 $ 127,343 $ - $ - $ 20,059 18 $ 2,948 $ 54,154 $ 34,094 - $ 3,610 $ 165,047 2026 $ 165,047 $ - $ - $ 20,059 18 $ 3,036 $ 55,778 $ 35,719 - $ 4,573 $ 205,339 2027 $ 205,339 $ - $ - $ 265,295 18 $ 3,127 $ 57,452 $ 207,843 - $ 2,504 $ - Table 4-13 Cash Flow Analysis Library - Other Non -Residential Year D.C. Reserve Fund Opening Balance Dev't Related Expenditures -91 Existing Debt GFA per Year Nominal Inflated (3°/JYr) Carrying Costs (P&I) DC Rates w. ° Inflation (3 /dYr) Anticipated Revenues Revenues minus Expenditures Debenture Financing Requirement Interest (2.5% on positive balances & 5% on negative balances) IDC Reserve Fund Closing Balance after Financing 2018 $ 89,749 $ 17,676 $ 18,206 $ 2,778 1,118,519 $ 0.07 $ 78,738 $ 57,755 - $ 2,966 $ 150,470 2019 $ 150,470 $ 92,798 $ 98,449 $ 19,324 1,118,519 $ 0.07 $ 81,100 $ 36,673 - $ 3,303 $ 117,100 2020 $ 117,100 $ - $ - $ 35,871 1,118,519 $ 0.07 $ 83,533 $ 47,663 - $ 3,523 $ 168,286 2021 $ 168,286 $ 33,987 $ 38,252 $ 35,871 1,118,519 $ 0.08 $ 86,039 $ 11,917 - $ 4,356 $ 184,559 2022 $ 184,559 $ 62,714 $ 72,703 $ 35,871 1,118,519 $ 0.08 $ 88,621 $ 19,953 - $ 4,365 $ 168,971 2023 $ 168,971 $ 53,411 $ 63,776 $ 35,871 1,118,519 $ 0.08 $ 91,279 $ 8,367 - $ 4,120 $ 164,724 2024 $ 164,724 $ - $ - $ 35,871 1,118,519 $ 0.08 $ 94,018 $ 58,147 - $ 4,845 $ 227,716 2025 $ 227,716 $ - $ - $ 35,871 1,118,519 $ 0.09 $ 96,838 $ 60,968 - $ 6,455 $ 295,139 2026 $ 295,139 $ - $ - $ 35,871 1,118,519 $ 0.09 $ 99,743 $ 63,873 - $ 8,177 $ 367,188 2027 $ 367,188 $ - $ - $ 474,402 1,118,519 $ 0.09 $ 102,736 $ 371,666 - $ 4,478 $ - Watson & Associates Economists Ltd. 2019 Update Study PAGE 34 Table 4-14 Cash Flow Analysis Admin - Residential Year D.C. Reserve Fund Opening Balance Dev't Related Nominal Expenditures Inflated (3)/dYr) SDE per Year DC Rates w. Inflation (3°/dYr) M Anticipated Revenues Revenues minus Expenditures Debenture Financing Requiremen Interest (2.5%on positive balances & 5% on negative balances) DC Reserve Fund Closing Balance after Financing 2018 $ 525,617 $ 952,802 $ 981,386 2,499 $ 286 $ 714,730 $ 266,656 $ 4,427 $ 93,142 $ 32,947 $ 825,220 2019 $ 825,220 $ 651,391 $ 691,060 2,499 $ 295 $ 736,172 $ 45,112 2021 $ 40,133 $ 820,242 2020 $ 820,242 $ 595,194 $ 650,384 2,499 $ 303 $ 758,257 $ 107,873 - $ 38,315 $ 750,684 2021 $ 750,684 $ 463,220 $ 521,358 2,499 $ 313 $ 781,005 $ 259,647 - $ 31,043 $ 522,080 2022 $ 522,080 $ 804,862 $ 933,056 2,499 $ 322 $ 804,435 $ 128,621 $ 38,624 18 $ 29,320 $ 680,021 2023 $ 680,021 $ 310,448 $ 370,691 2,155 $ 332 $ 714,582 $ 343,891 $ $ 25,404 $ 361,534 2024 $ 361,534 $ 310,448 $ 381,812 2,155 $ 342 $ 736,020 $ 354,208 - $ 9,221 $ 16,547 2025 $ 16,547 $ 310,448 $ 393,266 2,155 $ 352 $ 758,100 $ 364,834 $ 88,114 $ 3,940 $ 352,226 2026 $ 352,226 $ 717,763 $ 936,517 2,155 $ 362 $ 780,843 $ 155,674 $ 6,860 $ 203,412 2027 $ 203,412 $ 751,655 $ 1,010,161 2,155 $ 373 $ 804,269 $ 205,893 $ 2,481 $ 0 Table 4-15 Cash Flow Analysis Admin - Seaton Prestige Employment Land D.C. Reserve Year Fund Opening Balance ` 2018 $ 53,171 ed Expenditures Nominal $ 96,384 Net Hectares Hated (3°/dYr) per Year 1MM $ 99,276 18 lir DC Rates w. Inflation (3°/dYr Anticipated Revenues Revenues Debenture minus Financing penditures Requiremen $ 31,744 Interest (2.5%on DC Reserve positive Fund Closing balances & 5% Balance after on negative Financing balances) MIME $ 3,676 $ 67,532 $ 3,452 $ 88,366 2019 $ 88,366 $ 65,894 $ 69,907 18 $ 3,786 $ 69,558 $ 349 - $ 4,427 $ 93,142 2020 $ 93,142 $ 60,209 $ 65,792 18 $ 3,900 $ 71,645 $ 5,853 - $ 4,511 $ 91,800 2021 $ 91,800 $ 46,859 $ 52,740 18 $ 4,017 $ 73,794 $ 21,054 $ 4,064 $ 74,810 2022 $ 74,810 $ 81,419 $ 94,387 18 $ 4,138 $ 76,008 $ 18,379 - $ 4,200 $ 97,389 2023 $ 97,389 $ 31,405 $ 37,499 18 $ 4,262 $ 78,288 $ 40,789 - $ 3,850 $ 60,449 2024 $ 60,449 $ 31,405 $ 38,624 18 $ 4,389 $ 80,637 $ 42,013 - $ 1,972 $ 20,408 2025 $ 20,408 $ 31,405 $ 39,782 18 $ 4,521 $ 83,056 $ 43,274 $ 224 $ 22,641 2026 $ 22,641 $ 72,608 $ 94,737 18 $ 4,657 $ 85,547 $ 9,189 - $ 451 $ 13,903 2027 $ 13,903 $ 76,036 $ 102,186 18 $ 4,797 $ 88,114 $ 14,073 - $ 170 $ 0 Watson & Associates Economists Ltd. 2019 Update Study PAGE 35 Table 4-16 Cash Flow Analysis Admin - Other Non -Residential Year 2018 Dev't Related Expenditures D.C. Reserve Fund Opening GFA per Year Balance Nominal Inflated (3°/dYr) $ 95,080 $ 172,355 $ 177,526 1,118,519 DC Rates w. ° Inflation (3/JYr) $ 0.11 Anticipated Revenues $ 120,761 Revenues Debenture minus Financing Expenditures Requirement $ 56,764 Interest (2.5%on DC Reserve positive Fund Closing balances & 5% Balance after on negative Financing balances) $ 6,173 $ 158,018 2019 $ 158,018 $ 117,832 $ 125,008 1,118,519 $ 0.11 $ 124,384 $ 624 $ 7,916 $ 166,558 2020 $ 166,558 $ 107,666 $ 117,650 1,118,519 $ 0.11 $ 128,116 $ 10,466 $ 8,066 $ 164,158 2021 $ 164,158 $ 83,793 $ 94,310 1,118,519 $ 0.12 $ 131,959 $ 37,649 $ 7,267 $ 133,776 2022 $ 133,776 $ 145,594 $ 168,783 1,118,519 $ 0.12 $ 135,918 $ 32,865 - $ 7,510 $ 174,151 2023 $ 174,151 $ 56,158 $ 67,055 1,118,519 $ 0.13 $ 139,995 $ 72,940 $ 6,884 $ 108,095 2024 $ 108,095 $ 56,158 $ 69,067 1,118,519 $ 0.13 $ 144,195 $ 75,128 $ 3,527 $ 36,494 2025 $ 36,494 $ 56,158 $ 71,139 1,118,519 $ 0.13 $ 148,521 $ 77,382 $ 401 $ 40,487 2026 $ 40,487 $ 129,838 $ 169,409 1,118,519 $ 0.14 $ 152,977 $ 16,432 $ 807 $ 24,862 2027 $ 24,862 $ 135,969 $ 182,731 1,118,519 $ 0.14 $ 157,566 $ 25,165 $ 303 $ 0 Watson & Associates Economists Ltd. 2019 Update Study PAGE 36 5. Asset Management Plan 5.1 Introduction The changes to the D.C.A. (new section 10(c.2)) through Bill 73, require that the background study must include an Asset Management Plan (A.M.P) related to new infrastructure. Section 10 (3) of the D.C.A. provides: The A.M.P. shall, (a) deal with all assets whose capital costs are proposed to be funded under the development charge by-law; (b) demonstrate that all the assets mentioned in clause (a) are financially sustainable over their full life cycle; (c) contain any other information that is prescribed; and (d) be prepared in the prescribed manner. The A.M.P. analysis included in the 2017 D.C. Background Study, which found that the capital plan was deemed to be financially sustainable, has been updated to account for the capital cost revisions described herein. The updated A.M.P. analysis contained in Table 5-1 identifies: • $62.3 million in total annualized expenditures; and • Incremental operating revenues of $49.7 million and existing operating revenues of $94.6 million, totalling $144.3 million by the end of the period. In consideration of the above changes, the capital plan still deemed to be financially sustainable. Watson & Associates Economists Ltd. 2019 Update Study PAGE 37 Table 5-1 2019 D.C. Amendment Asset Management — Future Expenditures and Associated Revenues (2017$) 1 Non -Growth Related component of Projects including 10% mandatory deduction on soft services 2 Interim Debt Financing for Post Period Benefit 3Area-specific application of Transportation Services 4 As per Sch. 10 of FIR Watson & Associates Economists Ltd. 2019 Update Study PAGE 38 Sub -Total 2031 (Total) Expenditures (Annualized) Annual Debt Payment on Non -Growth Related Capital 10,110,882 Annual Debt Payment on Post Period Capital2 2,107,688 Lifecycle: Annual Lifecycle - Town Wide Services $9,232,291 Annual Lifecycle - Area Specific Services3 $3,574,002 Sub -Total - Annual Lifecycle $12,806,293 $12,806,293 Incremental Operating Costs (for D.C. Services) $37,289,166 Total Expenditures $62,314,030 Revenue (Annualized) Total Existing Revenue4 $94,578,893 Incremental Tax and Non -Tax Revenue (User Fees, Fines, Licences, etc.) $49,682,047 Total Revenues $144,260,940 1 Non -Growth Related component of Projects including 10% mandatory deduction on soft services 2 Interim Debt Financing for Post Period Benefit 3Area-specific application of Transportation Services 4 As per Sch. 10 of FIR Watson & Associates Economists Ltd. 2019 Update Study PAGE 38 6. Process for Adoption of the Amending Development Charges By-law If approved, the changes provided herein will form part of the 2017 D.C. Background Study, as amended. Appendix A to this update study includes the draft Amending D.C. By-law being presented for Council's consideration at the statutory public meeting on December 2, 2019. At that meeting a presentation will be made to the public regarding the recommendations of the D.C. Update Study, and Council may receive oral and written comments on the matter. It is anticipated that Council will consider for adoption the proposed amending by-law at a subsequent meeting of Council, witnessing the 60 -day period between the release of the D.C. Background Study and the passage of the D.C. By-law (i.e. no earlier than December 16, 2019). If Council is satisfied with the proposed changes to the D.C. Background Study and D.C. By -Law, it is recommended that Council: "Approve the Development Charges Update Study dated October 16, 2019; subject to further annual review during the capital budget process;" "Determine that no further public meeting is required;" and "Approve the Amending Development Charge By-law as set out herein" Watson & Associates Economists Ltd. 2019 Update Study PAGE 39 Appendix A — Draft Amending Development Charge By-law Watson & Associates Economists Ltd. 2019 Update Study PAGE 1 The Corporation of the City of Pickering By-law No. /19 Being a By-law Regarding Development Charges to amend By-law 7595-17 to make certain revisions to the City's development charges involving capital cost estimates. WHEREAS Section 19 of the Development Charges Act, 1997, S.O. 1997, c27 ("the Act") provides for amendments to be made to development charges by-laws; AND WHEREAS the Council of the Corporation of the City of Pickering (hereinafter called "the Council") has determined that certain amendments should be made to the Development Charge By-law of the Corporation of the City of Pickering, being By-law 7595-17; AND WHEREAS, in accordance with the Act, a development charges background study has been completed in respect of the proposed amendment; AND WHEREAS the Council of the Corporation of the City of Pickering has given notice and held a public meeting in accordance with the Act; and Now therefore the Council of The Corporation of the City of Pickering hereby enacts as follows: 1. By-law 7595-17 is hereby amended as follows: Schedule "C" is deleted and the attached Schedule "C" substitutes therefor. 2. This by-law shall come into force on December 17, 2019. By-law passed this 16th day of December 2019 Mayor Clerk Schedule "C" City of Pickering Schedule of Development Charges Effective January 1, 2018 Service Single and Semi- Detached Dwelling liLlIENTIAL Apartments • 2 Bedrooms1� + Apartments _ Bachelor and 1 LBedroom ' Other Multiples NON-RESIDENTIAL (per ft2 of Total Floor Area) 2 (per net Ha of Prestige Employme nt Land Seat Seaton) Municipal Wide Services: Other Services Related to a Highway 441 279 197 356 0.15 5,451 Protection Services 920 581 412 743 0.35 11,828 Parks and Recreation Services 6,047 3,820 2,706 4,882 0.47 16,036 Library Services 1,003 634 449 810 0.07 2,397 Administration Studies 286 181 128 231 0.11 3,676 Stormwater Management 288 182 129 233 0.10 3,503 Total Municipal Wide Services 8,985 5,677 4,021 7,255 1.24 42,891 Outside of Seaton Lands Transportation 1 6,447 4,073 2,886 5,205 1.81 Total Services Outside of Seaton Lands 6,447 4,073 2,886 5,205 1.81 Seaton 8,985 5,677 4,021 7,255 1.24 42,891 Rest of Pickering 15,432 9,750 6,907 12,460 3.05 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. eiWatson &Associates ECONOMISTS LTD, Addendum to: 2019 Development Charges Update Study City of Pickering For Public Circulation and Comment November 19, 2019 Watson & Associates Economists Ltd. 905-272-3600 info@watsonecon.ca Table of Contents Page 1. Summary of Revisions to the 2019 Development Charges Update Study 1 1.1 Background 1 2. Discussion 1 3. Changes to the Background Report 5 4. Process for Adoption of the Development Charges By-law 5 Appendix A — Amended Pages A-1 Watson & Associates Economists Ltd. H:\Pickering\2019 DC Update\Report\2019 Update Study - Amendment.docx 1. Summary of Revisions to the 2019 Development Charges Update Study 1.1 Background Commensurate with the provisions of the Development Charges Act (D.C.A.), 1997, the City of Pickering (City) has undertaken a Development Charges (D.C.) background study and has distributed the study to the public. The following provides a summary of the key dates in the D.C. by-law process: • Release of the D.C. Update Study — October 16, 2019 • Presentation of D.C. Update Study to Development Industry Stakeholders — November 19, 2019; • Public Meeting — December 2, 2019; and • By-law Passage — December 16, 2019 The purpose of this addendum to the October 16, 2019 D.C. Update Study is to provide for refinements to the capital needs for Transportation Services and to the calculation of the charge. The refinements are detailed in the subsequent sections of this report, and will form part of the D.C. background study for Council's consideration and approval prior to adoption of the amending D.C. by-law. 2. Discussion Subsequent to the issuance of the 2019 D.C. Update Study, staff identified land acquisition costs of $807,464 related to the D.C. Transportation Services project #30 (i.e. A-11 (Plummer) - Sandy Beach Road to Krosno Creek). Deflating these land cost estimates to the study cost base (i.e. 2017$) and applying the 25% benefit to existing development deduction, approximately $565,205 is added to the calculation of the charge for Transportation Services. Revisions have also been made to decrease the D.C. eligible costs included in the calculation of the charge for Protection Services by $645,000. This reduction is provided to reflect the historical level of service cap calculations. Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE 1 Table 2-1 summarizes the proposed charges arising from this addendum. Table 2-2 compares the charges contained in this addendum to those in the 2019 D.C. Update Study for residential single and semi-detached dwelling units, per sq.ft. of non- residential gross floor area, and per net hectare of prestige employment land in Seaton. These charges are presented in 2018$ values, consistent with the City's 2017 D.C. Background Study. In total, the impact of the addendum on the 2019 D.C. Update Study for single and semi-detached residential dwelling units constructed outside of the Seaton Lands would increase by $29 per unit and the non-residential charge would remain unchanged. For development within the Seaton Lands, the single and semi- detached D.C. would decrease by $24 per unit, the non-residential charge (outside of the prestige employment lands) would decrease by $0.01 per sq.ft. GFA, and the prestige employment land charge would decrease by $306 per net hectare. Table 2-1 City of Pickering Calculated Schedule of Development Charges (2018$) Service RESIDENTIAL NON-RESIDENTIAL (per net Ha Single and Apartments - Apartments (per ft2 of of Prestige Semi- 2 Bedrooms - Bachelor Other Total Floor Employmen Detached and 1 Multiples 2 Dwelling Bedroom Area) t Land in Seaton) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 441 896 6,047 1,003 286 288 279 566 3,820 634 181 182 197 401 2,706 449 128 129 356 724 4,882 810 231 233 0.15 0.34 0.47 0.07 0.11 0.10 5,451 11,522 16,036 2,397 3,676 3,503 Total Municipal Wide Services 8,961 5,662 4,010 7,236 1.24 42,585 Outside of Seaton Lands Transportation 1 6,500 4,106 2,909 5,248 1.82 Total Services Outside of Seaton Lands 6,500 4,106 2,909 5,248 1.82 Seaton Rest of Pickering 8,961 15,461 5,662 9,768 4,010 6,919 7,236 12,484 1.24 3.06 42,585 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. The City's D.C. By-law provides for annual indexing of the charges. To reflect the impacts of the proposed amendment on the City's current charges, Table 2-3 presents the indexed amended charges and compares them to the City's 2019 rates. In total, the single and semi-detached D.C. for developments outside of the Seaton Lands would Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE 2 increase by $1,186 per unit (+8%) and the non-residential charge would increase by $0.09 per sq.ft. of GFA (+3%). For development within the Seaton Lands, the single and semi-detached D.C. would increase by $1,204 per unit (+14%), the non-residential charge (outside of the prestige employment lands) would increase by $0.09 per sq.ft. GFA (+7%), and the prestige employment land charge would increase by $2,959 per net hectare (+7%). Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE 3 Table 2-2 Comparison of Development Charges - October 16, 2019 D.C. Update Study vs. Addendum (2018$) Service Residential Single and Semi -Detached Dwelling Non -Residential (per ft' of Total Floor Area) 2 Non -Residential (per net Ha of Presti Employment Land in Seaton) 2019 D.C. 2019 D.C. 2019 D.C. Update Addendum Change ($) Change (%) Update Amendment Change ($) Change (%) Update Amendment Change ($) Change (%) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 441 441 0% 0.15 0.15 920 896 (24) -3% 0.35 0.34 6,047 6,047 - 0% 0.47 0.47 1,003 1,003 - 0% 0.07 0.07 286 286 - 0% 0.11 0.11 288 288 - 0% 0.10 0.10 0% (0.01) -3% 0% 0% 0% 0% 5,451 5,451 0% 11,828 11,522 (306) -3% 16,036 16,036 - 0% 2,397 2,397 0% 3,676 3,676 - 0% 3,503 3,503 - 0% Total Municipal Wide Services 8,985 8,961 (24) 0% 1.25 1.24 (0.01) -1% 42,891 Outside of Seaton Lands Transportation I 6,447 6,500 53 1% 1.81 1.82 0.01 1% 4 - (306) -1 Total Services Outside of Seaton Lands 6,447 6,500 53 1% 1.81 1.82 0.01 1% nfa Seaton Rest of Pickering 8,985 15,432 8,961 15,461 (24) 29 0% 0% 1.25 3.06 1.24 3.06 (0.01) -1% 0% 42,891 42,585 (306) -1°% Table 2-3 Comparison of Development Charges - Current vs. Proposed (2019$) Service Residential Single and Semi -Detached Dwelling Non -Residential (per ft' of Total Floor Area) 2 Non -Residential (per net Ha of Prestige Employment Land in Seaton) 2017 D.C. Addendum Change ($) Change (%) 2017 D.C. Addendum Change ($) Change (%) 2017 1:11 Addendum Change ($) Change (%) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 470 948 5,175 1,158 296 307 470 955 6,451 1,069 306 307 7 1,276 (89) 10 0% 1% 25% -8% 3% 0% 0.16 0.35 0.42 0.08 0.11 0.11 0.16 0.35 0.51 0.07 0.12 0.11 0.09 (0.01) 0.01 0% 0% 21% -13% 9% 0% 5,814 12,194 14,146 2,779 3,797 3,738 5,814 12,291 17,106 2,557 3,921 3,738 97 2,960 (222) 124 0% 1% 21% -8% 3% 0% Total Municipal Wide Services 8,354 9,558 1,204 14% 1.11111 1.32 0.09 7% 42,468 7% Outside of Seaton Lands Transportation 6,952 6,934 (18) 0% 1.95 1.94 (0.01) -1% Total Services Outside of Seaton Lands 6,952 6,934 (18) 0% 1.94 (0.01) -1% n/a Seaton Rest of Pickering 8,354 15,306 9,558 16,492 1,204 1,186 14% 8% 1.23 3.18 1.32 3.26 0.09 0.08 7% 3% 42,468 45,427 2,959 7% Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE 4 3. Changes to the Background Report Based on the foregoing, the following revisions are made to the pages within the 2019 D.C. Update Study. Accordingly, the revised pages are appended to this report: • Pages 1, 7, 10, 11 and Table of Contents — reissued for housekeeping changes; • Pages 13 to 14 — updated to reflect changes described in Section 2 herein; • Pages 19 to 22 — reissued to reflect changes to the Transportation Services capital program and updates to Protection Services D.C. eligible costs; • Pages 25 to 31 — revised to reflect the D.C. calculation changes as a result of this addendum; • Pages 37 to 38 — Reissued to reflect this addendum; • Page 39 — Revised to reflect this addendum; and • Appendix A — Draft Amending Development Charge By-law — Reissued to reflect this addendum 4. Process for Adoption of the Development Charges By-law The revisions provided herein form the basis for the D.C. by-law and will be incorporated into the 2019 D.C. Update Study to be provided to Council and the general public prior to the public meeting on December 2, 2019 and Council's consideration and adoption of the proposed D.C. By -Law. If Council is satisfied with the above noted changes to the D.C. background study and D.C. by-law, then prior to by-law passage Council must: • Approve the 2019 D.C. Update Study, as amended; • Determine that no further public meetings are required on the matter; and • Adopt the amending D.C. By -Law. Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE 5 Appendix A Amended Pages Watson & Associates Economists Ltd. 2019 Update Study - Amendment PAGE A-1 Table of Contents Page 1. Introduction 1 1.1 Background 1 1.2 Existing Policies (Rules) 2 1.2.1 Payment in any Particular Case 2 1.2.2 Determination of the Amount of the Charge 3 1.2.3 Application to Land Redevelopment 4 1.2.4 Exemptions (full or partial) 4 1.2.5 Indexing 5 1.2.6 By-law Duration 5 1.2.7 Date Charge Payable 5 1.3 Basis for D.C. By-law Update 6 1.4 Proposed Charges to the D.C.A.: Bill 108 — An Act to amend Various Statutes with Respect to Housing, Other Development, and Various Matters 7 2. Anticipated Development 10 3. Revisions to the Anticipated Capital Needs 11 3.1 Revised Capital Costs 11 3.1.1 Parks and Recreation Services 11 3.1.2 Library Services 12 3.1.3 Protection Services 13 3.1.4 Transportation Services 13 3.1.5 Administration Studies 14 4. Revised D.C. Calculation and Schedule of Charges 25 5. Asset Management Plan 37 5.1 Introduction 37 6. Process for Adoption of the Amending Development Charges By-law 39 Appendix A — Draft Amending Development Charge By-law A-1 Watson & Associates Economists Ltd. H:\Pickering\2019 DC Update\Report\2019 Update Study - Amended Version.docx 1. Introduction 1.1 Background The City of Pickering (City) imposes development charges (D.C.$) to recover the increase in the needs for service arising from growth. The basis for the calculation of the City's existing schedule of residential and non-residential development charges is documented in the "City of Pickering 2017 Development Charges Background Study" dated October 5, 2017 (as amended). This Background Study provides the supporting documentation for the City's D.C. By -Law 7595-17, which came into effective January 1, 2018. The resultant D.C. by municipal service and development type are summarized in Table 1-1. This schedule reflects the schedule of charges that came into force on January 1, 2018 (in 2018$) for development within the defined Seaton Lands, as the City elected to phase-in the charges for apartment units over the 2018-2020 period for development outside of the Seaton Lands. Table 1-1 City of Pickering January 1, 2018 Schedule of Development Charges Service RESIDENTIAL NON-RESIDENTIAL Single and Apartments • Apartments Semi- 2 Bedrooms - Bachelor Other Detached+ and 1 Multiples Dwelling Bedroom (per net Ha (per ft2 of of Prestige Total Floor Employmen Area) 2 t Land in Seaton) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 441 889 4,851 1,086 277 288 279 562 3,065 686 175 182 197 398 2,171 486 124 129 356 718 3,917 877 224 233 0.15 0.34 0.39 0.08 0.10 0.10 5,451 11,431 13,261 2,605 3,560 3,503 Total Municipal Wide Services 7,832 4,949 3,505 6,325 1.15 39,812 Outside of Seaton Lands Transportation 1 6,517 4,117 2,917 5,261 1.83 Total Services Outside of Seaton Lands 6,517 4,117 2,917 5,261 1.83 Seaton Rest of Pickering 7,832 14,349 4,949 9,066 3,505 6,422 6,325 11,586 1.15 2.98 39,812 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 1 1.4 Proposed Charges to the D.C.A.: Bill 108 — An Act to amend Various Statutes with Respect to Housing, Other Development, and Various Matters On May 2, 2019, the Province introduced Bill 108 which proposes changes to the D.C.A. The Bill has been introduced as part of the Province's "More Homes, More Choice: Ontario's Housing Supply Action Plan". The Bill received royal assent on June 6, 2019. While having received royal asset, many of the changes to the D.C.A. do not come into effect until proclamation by the Lieutenant Governor. However, transitional provisions with respect to soft services are in effect as of the date of royal assent. The transitional provisions for soft services (i.e. services no longer eligible to be included in D.C. by-law once s.s. 2(4) of the Act is proclaimed) under an existing D.C. bylaw can remain in effect, even if the by-law expires, until the earlier of the prescribed date, the date a Community Benefits By-law is passed, or when the by-law is repealed. Moreover, as the new s.s. 2(4) is not yet in effect, municipalities are still permitted to pass a D.C. by- law based on the services currently eligible under the D.C.A., until the new section is proclaimed. A summary of the changes to the D.C.A. to take effect upon proclamation by the Lieutenant Governor is provided below: Changes to Eligible Services — the Bill will remove "Soft Services" from the D.C.A. These services will be considered as part of a new Community Benefit Charge (discussed below) imposed under the authority of the Planning Act. Once the new s.s. 2(4) is proclaimed, eligible services under the D.C.A. include: • Water supply services, including distribution and treatment services; • Wastewater services, including sewers and treatment services; • Storm water drainage and control services; • Services related to a highway as defined in subsection 1 (1) of the Municipal Act, 2001 or subsection 3 (1) of the City of Toronto Act, 2006, as the case may be; • Electrical power services; • Policing services; • Ambulance services; • Fire protection services; Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 7 2. Anticipated Development The 2017 D.C. Background Study provided for the anticipated residential and non- residential growth within the City of Pickering for the respective service forecast periods. The growth forecast associated with services included in this update study is summarized in Table 2-1 below. Table 2-1 City of Pickering 2017 D.C. Background Study — Growth Forecast Summary Time Horizon Residential Non -Residential Net Population Residential Units Employment 1 Sq.ft. of Non - Residential GFA Early 2018 92,388 31,617 32,573 _ Early 2028 166,750 61,189 53,694 Mid 2031 179,356 65,530 63,899 Incremental Change 10 -year (2018-2028) Seaton 48,450 17,471 18,793 17, 289, 996 Rest of Pickering 25,912 12,101 2,328 2,795,958 14 -year (2018-2031) Seaton 58,030 21,193 28,860 27,671,100 Rest of Pickering 28,936 12,720 2,466 3,090,862 For the purpose of this Study, the 2017 D.C. Background Study growth forecast remains unchanged. The revised capital costs estimates have been considered in the context of this growth forecast. Adjustments to the total D.C. eligible costs are provided where necessary to ensure that the increase in the need for service pertains to the underlying increase in development. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 10 3. Revisions to the Anticipated Capital Needs The D.C. Background Study adopted by Council in the preparation of the City's D.C. by- law justified the maximum amount that could be charged for residential and non- residential development. The study and by-law identified anticipated capital needs for recovery through D.C.s for Other Services Related to a Highway, Protection Services, Parks and Recreation Services, Library Services, Administration Studies, Stormwater Management, and Transportation. The City's current by-law provides for the uniform City-wide recovery of growth -related costs for all services other than Transportation, which are imposed on an area -specific based for development outside of the Seaton Lands only. Development charges are imposed for all services though one by-law. The rules of the by-law effectively assess the charges appropriately for the imposition of D.C.s within the City. The intent of the amendment does not alter the City's policy for the imposition of City-wide and area -specific D.C.s. As a result, it is not recommended that separate by-laws be implemented through this amendment process, and that the proposed revisions be considered as an amendment to the City's current comprehensive D.C. by-law. 3.1 Revised Capital Costs The following subsections summarize the amendments made to the various capital projects comprising the D.C. amendment. For the purpose of calculating the amended D.C.s, the capital costs estimates have been deflated to 2017$, applying the change in the Statistics Canada Construction Price Statistics Index for the period (i.e. 6.7%). This reflects the indexing of the City's D.C. over the period since by-law adoption. 3.1.1 Parks and Recreation Services The City's 2017 D.C. Background Study identified parks and recreation projects to address the increase in the needs for services related to development. Projects included in the Study addressed recreation facilities contained within the City Centre project, including a Seniors' and Youth Centre and the community use space within an Arts Centre. The City has completed updated design and capital cost estimates for the City Centre project. These updates provide the basis for amending the 2017 D.C. Background Study, as it relates to Parks and Recreation Services. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 11 post -period capacity deduction of $12.6 million has been applied. The increase in the need for services attributable to the 10 -year growth forecast period of $54.8 million, is subsequently reduced by $24.1 million for the benefit to existing development, and by a further $3.1 million for the 10% statutory deduction for soft services. After deducting a further $2.8 million for the existing D.C. reserve funds collected towards these capital needs, the D.C. eligible costs included in the calculation of the charge total approximately $24.8 million. Consistent with Parks and Recreation Services, in addition to the anticipated capital costs identified herein, debt financing for the City Centre project at 3% interest over a 25 year term has been assumed. Moreover, the revised D.C. recoverable costs are allocated 95% to residential development and 5% non-residential development. 3.1.3 Protection Services The Protection Services D.C. capital program within the City's 2017 D.C. Background Study, identified the need for 2 additional fire stations within the Seaton Lands. The City has identified that in addition to the construction costs identified in the 2017 D.C. Background Study, additional capital costs for servicing and siteworks will be required related to the parcel of land for one of the additional fire stations. Additional capital cost estimates of $858,700 have been identified for this purpose. Approximately $192,000 of the gross capital costs have been allocated to new development after accounting for the benefit to existing development deduction of 2.5% and the benefit to development beyond the 10 -year forecast period of $666,600. The revised D.C. recoverable costs are within the historic level of service cap for Protection Services. The D.C. recoverable costs are allocated 78% to residential development and 22% non-residential development, consistent with the City's 2017 D.C. Background Study. The updated Protection Services D.C. capital program is included in Table 3-3. 3.1.4 Transportation Services Updates to the Transportation Services D.C. capital program have been provided for a new east/west collector road running parallel between Hwy 401 and Bayly Street (west of Brock Road), the crossing of Krosno Creek, and the north/south collector road that will connect to Bayly Street. These updates have been accounted for through updates to 2017 D.C. Background Study Transportation Services projects (i.e. projects no. 30, Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 13 31,40, 41, 42), and the addition of a new project (i.e. A-13 (N/S Collector) Krosno Creek to Bayly Street Crossing), and presented in Table 3-4. The above noted revisions, result in a decrease in the gross capital costs within the Transportation Services D.C. capital program of $0.3 million to a total of $123.6 million. After accounting for the benefit to existing development deduction of $37.9 million and the existing D.C. reserve fund balance reflecting funds collected towards these needs, the D.C. eligible costs included in the calculation of the charge are $67.4 million. The revised D.C. recoverable costs are within the historic level of service cap for Transportation Services. These costs have been allocated to residential and non-residential development based on the anticipated population and employment growth outside of the Seaton Lands over the forecast period (i.e. 92% residential and 8% non-residential). 3.1.5 Administration Studies The City's 2017 D.C. Background Study identified additional capital needs for administrative studies to address the increase in the needs for services related to development. Additional studies and updated costs have been identified including an updated cost for the Downtown Pickering Traffic Management Plan, D.C. Background Study Update and amendment costs, and a Fair Minded Pricing Policy related to the provision of Parks and Recreation Services. Table 3-5 summarizes the revised anticipated D.C. capital needs listing for Administration Services. The revised cost estimates, results in a total gross capital cost estimate of $12.8 million, an increase of approximately $0.3 million from the 2017 D.C. Background Study. Applying the required deductions for benefit to existing development and the 10% statutory deduction for soft services, results in D.C. recoverable costs of $8.2 million. This represents an increase of $0.3 million in D.C. recoverable costs from what was included in the previous study. The D.C. recoverable cost attribution has been maintained at 78% residential and 22% non-residential based on the share of net population increase as a percentage of the sum of the net population and employment increase for the planning period. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 14 Table 3-3 Infrastructure Costs Covered in the D.C. Calculation - Protection Services prj , creased Service Needs Attributable to Anticipat Development 2018-2027 imi (year) • -pita) Cost Estimate (2017$) Post Pe Benefit et Capita Cost -nefit to Existing Deeelopme Grants, Subs'. . and Other Contributions Attributable to New Deeelopmen btot Less: Potential Other (e.g. 10% tatutory Deduction) Total DC Recoee Residential Share 78% .st Non- idential hare 22% Facilities 1 Fire Station A (Seaton) 2019 6,662,868 645,150 6,017,718 166,572 5,851,146 5,851,146 4,563,894 1,287,252 2 Fire Station B, including land (Seaton) 2023 8,230,000 8,230,000 205,750 8,024,250 8,024,250 6,258,915 1,765,335 3 Animal Shelter& By -Law Services, including land 2020 8,066,000 - 8,066,000 1,963,896 6,102,104 610,210 5,491,894 4,283,677 1,208,217 Vehicles 4 1 small vehicle (Seaton) 2018 45,000- 45,000 1,125 43,875 43,875 34,223 9,653 5 1 Aerial (Seaton) 2019 1,510,900- 1,510,900 37,773 1,473,128 1,473,128 1,149,039 324,088 6 Aerial (Fire Station B) (Seaton) 2023 1,510,900- 1,510,900 37,773 1,473,128 1,473,128 1,149,039 324,088 7 Small vehicle (2) (Seaton) 2023 90,000- 90,000 2,250 87,750 87,750 68,445 19,305 8 Pumper (Fire Station B) (Seaton) 2023 900,000- 900,000 22,500 877,500 877,500 684,450 193,050 9 Provision for additional By-law and Animal Services Enforcement Vehicles 2018-2027 158,000- 158,000 3,950 154,050 15,405 138,645 108,143 30,502 Equipment 10 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station A) 2019 394,500- 394,500 394,500 394,500 307,710 86,790 11 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station A) 2021 394,500- 394,500 394,500 394,500 307,710 86,790 12 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station B) 2023 394,500- 394,500 394,500 394,500 307,710 86,790 13 Equipment for 20 Firefighters incl. Bunker Gear and Breathing Apparatus (Station B) 2024 394,500- 394,500 394,500 394,500 307,710 86,790 Reserve Fund Adjustment 254,176 198,257 55,919 Total 28,751,668 645,150 28,106,518 2,441,587 - 25,664,930 625,615 25,293,491 19,728,923 5,564,568 Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 19 Table 3-4 - Infrastructure Costs Covered in the D.C. Calculation - Transportation Services Prj .No Increased Service Needs Attributable to Anticipated Development 2018-2031 Roads Code Tming (year) Gross Capital Cost Estimate (2017$) Post Period Benefit Net Capital Cost Benefit to Existing Development . Recoverable Cost Non - Residential Share 8% 1Grants, u.si.ies and Other Contributions Attributable to New Development Total Residential Share 92% Roads 1 Tillings Road oversizing - local to collector DI -I-3 2018-2024 294,800- 294,800 29,480 265,320 244,094 21,226 2 William Jackson Drive - Urfe Creek to Taunton Road Urbanization, pedestrian trail DI -I-13 2018-2024 2,229,040- 2,229,040 222,904 2,006,136 1,845,645 160,491 3 Sandy Beach Road 3 -lane urban reconstruction, incl. storm B-29 2018-2024 6,500,000- 6,500,000 3,250,000 3,250,000 2,990,000 260,000 4 DN -4 Valley Farm Rd. - Tillinqs Road to Brock Rd. Oversizinq - local to collector DI -I-4 2018-2024 288,000- 288,000 28,800 259,200 238,464 20,736 5 DN -14 William Jackson Dr. (Old Taunton). Urfe Creek Culvert Structure (Design/Approval). EA & Design DI -I-14 2018-2024 450,000- 450,000 45,000 405,000 372,600 32,400 6 DN -14 William Jackson Dr. (Oki Taunton). Urfe Creek Culvert Structure (Construction) Construction DI -t-14 2018-2024 3,455,100- 3,455,100 345,510 3,109,590 2,860,823 248,767 7 Valley Farm Road - North of Third Concession to -fillings 3 -lane urban construction, incl. storm DI -t-1 2020-2024 3,399,500- 3,399,500 339,950 3,059,550 2,814,786 244,764 8 Twyn Rivers Drive - Hoover to West Limit 2 -lane urban reconstruction RO-3 2025-2031 2,210,000 - 2,210,000 1,657,500 552,500 508,300 44,200 9 Finch Avenue - Townline to Altona 3 -lane urban reconstruction, incl. storm RP -4 2018-2024 1,850,300 - 1,850,300 462,575 1,387,725 1,276,707 111,018 10 Pickering Parkway - Glenanna to Hydro Corridor (E) sidewalk TC -1 2018-2024 54,100- 54,100 40,575 13,525 12,443 1,082 11 Diefenbaker Extension - East Limit to Pickering Parkway 2 -lane, new construction TC -5 2025-2031 750,000- 750,000 562,500 187,500 172,500 15,000 12 Notion Road - Kingston to 350m South 2 -lane urban reconstruction, incl. Storm V-5 2018-2024 1,052,500- 1,052,500 526,250 526,250 484,150 42,100 13 Sheppard Avenue - Whites to West Limit sidewalk, blvd., streetlight on north side WO -5 2018-2024 244,000- 244,000 183,000 61,000 56,120 4,880 14 Sheppard Avenue - Whites to 600m East sidewalk, blvd., structures south side WO -9 2018-2024 395,000- 395,000 296,250 98,750 90,850 7,900 15 Audley Road (Sideline 2) Conc. #5 to Hwy 7 2 -lane rural reconstruction incl. structures RU -4 2018-2024 3,212,155- 3,212,155 1,606,078 1,606,078 1,477,591 128,486 16 AA --5, A-6, A-7 Arterial Connection Bayly to Kingston Feasibility Study & EA TC -31 2018-2024 2,698,000 - 2,698,000 674,500 2,023,500 1,861,620 161,880 17 Dunbarton Walkway - Dunbarton to Rambleberry walkway D-4 2018-2024 323,150- 323,150 242,363 80,788 74,325 6,463 18 Valley Farm/Tllings Bridge - Ganatsekiagon EA & Design DH -2 2018-2024 500,000 500,000 50,000 450,000 414,000 36,000 19 Valley Farm/Tllings Bridge - Ganatsekiagon New Structure DH -2 2020-2024 13,489,900- 13,489,900 1,348,990 12,140,910 11,169,637 971,273 20 Oakwood Drive - Rougemount to Mountain Ash 2 -lane urban reconstruction R -4a 2018-2024 1,435,750- 1,435,750 717,875 717,875 660,445 57,430 21 Oakwood Drive - Mountain Ash to Toynevale 2 -lane urban reconstruction, incl. storm R -4b 2018-2024 718,225- 718,225 359,113 359,113 330,384 28,729 22 Rougemount Drive - Woodgrange to Toynevale 2 -lane urban reconstruction, incl. storm R-5 2018-2024 285,280- 285,280 142,640 142,640 131,229 11,411 23 Finch Avenue - West of Altona (Structure) culvert replacement RP -2 2018-2024 1,000,000 - 1,000,000 500,000 500,000 460,000 40,000 24 Scar/Pickering Townline - Finch to CPR reconstruction/widen RP -14 2018-2024 866,800 - 866,800 433,400 433,400 398,728 34,672 25 Scar/Pickering Townline - CPR to Taunton/Steeles reconstruction/widen RU -7 2018-2024 5,634,200- 5,634,200 2,817,100 2,817,100 2,591,732 225,368 26 Dixie Road - Kingston to South Limit sidewalk, east side TC -13 2018-2024 54,100- 54,100 40,575 13,525 12,443 1,082 27 Granite Court- Whites to Rosebank sidewalk, north side W-4 2018-2024 207,085- 207,085 155,314 51,771 47,630 4,142 28 Kellino Street - Squires Beach to Church 3 -lane urban reconstruction, incl. storm BI -8 2019 2,236,500- 2,236,500 1,118,250 1,118,250 1,028,790 89,460 29 Squires Beach Road - Bayly to CNRTracks 3 -lane urban reconstruction, incl. storm BI -18 2019 2,236,500- 2,236,500 1,118,250 1,118,250 1,028,790 89,460 30 A-11 (Plummer) - Sandy Beach Road to Krosno Creek Oversizing to Collector 6266 2021 1,066,262- 1,066,262 266,565 799,696 735,720 63,976 31 A-12 (Plummer) - Krosno Creek Crossing Bridge Structure B-27 2021 2,014,434- 2,014,434 503,608 1,510,825 1,389,959 120,866 32 A-13 (N/S C011ecor) - Krosno Creek to Bayly Street Crossing Oversizing to Collector B-28 2021 50,398- 50,398 12,600 37,799 34,775 3,024 33 Rosebank Road - CPR to Third Concession Rd. reconstruction/widen L-17 2025-2031 4,278,250- 4,278,250 1,069,563 3,208,688 2,951,993 256,695 34 Rdbank Road - Third Concession Rd. To Taunton reconstruction/widen L-18 2025-2031 3,137,920 - 3,137,920 784,480 2,353,440 2,165,165 188,275 Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 20 Prj No Increased Service Needs Attributable to Anticipated DevelopmentPost 2018-2031 'ng (y- Gross Capital Cost Estimate (2017$) Period Benefit Net Capital Cost Benefit to Existing Development Less: Grants, Subsidies and Other Contributions Attributable to New Development Potential Total DC Recoverable Residential Share 92% Cost Non - Residential Share 8% Park Rd. - Sandy Beach Rd. To Mckay Mo35 Urbanization Urbanization /Full Load BI -21 2018-2024 3,710,000- 3,710,000 1,855,000 1,855,000 1,706,600 148,400 36 Third Concession Rd. - Dixie Rd. To Whites Rd. Reconstruction/widen L-12 2025-2031 4,564,371- 4,564,371 1,141,093 3,423,278 3,149,416 273,862 37 Third Concession Rd. - Whites Rd. To Attona Rd. Reconstruction/widen L-13 2025-2031 4,564,371- 4,564,371 1,141,093 3,423,278 3,149,416 273,862 38 Third Concession Rd. - Altona Rd. To West Townline Reconstruction/widen L-14 2025-2031 4,564,371- 4,564,371 1,141,093 3,423,278 3,149,416 273,862 39 Fairport Rd. - Lynn Heights To Third Concession Rd. Reconstruction/widen L-15 2025-2031 4,279,080- 4,279,080 1,069,770 3,209,310 2,952,565 256,745 40 Dixie Rd. - Hydro Corridor To Third Concession Rd. Reconstruction/widen L-16 2025-2031 3,993,800- 3,993,800 998,450 2,995,350 2,755,722 239,628 41 A-8 (Plummer) - Brock Rd. To Salk Road Reconstruction to collector road B-24 2025-2031 462,263- 462,263 115,566 346,697 318,962 27,736 42 A-9 (Plummer) - Salk Road To Hydro Corridor (centre) New collector road B-25 2025-2031 369,773- 369,773 92,443 277,330 255,144 22,186 43 A-10 (Plummer) - Hyrdo Corridor (centre) to Sandy Beach Road New collector road B-26 2025-2031 908,586- 908,586 227,146 681,439 626,924 54,515 44 Walnut Lane Extension -construction and contract admin 2019 2,500,000 2,500,000 625,000 1,875,000 1,725,000 150,000 45 Walnut Lane Extension -EA and Design 2018 211,226 211,226 52,807 158,420 145,746 12,674 46 EA Study A8-Al2 (Plummer) B-24 to B-28 2018-2024 500,000- 500,000 125,000 375,000 345,000 30,000 Streetlights and Sidewalks 47 WO -2 Kingston Road - South Side Rosebank Rd. to Steeple Hill Includes pedestrian bridge WO -2 2018-2024 332,660- 332,660 166,330 166,330 153,024 13,306 48 Kingston Road - Glendale Drive to Walnut Lane North side TC -9 2025-2031 351,000- 351,000 175,500 175,500 161,460 14,040 49 Kingston Road - Dbde Road to Liverpool Road South Side TC -12 2018-2024 585,000- 585,000 292,500 292,500 269,100 23,400 50 Sidewalk &Streetlights: Rosebank to Whites ES 2000 RO-10 Rosebank to 250 m west North Side R610 2018-2024 103,283- 103,283 51,642 51,642 47,510 4,131 51 Sidewalks & Streetlights TC -7 (2005-2009) Kingston Rd. - Valley Farm Rd. East (south side) to Hydro Corridor. South Side TC -7 2018-2024 133,500 - 133,500 66,750 66,750 61,410 5,340 52 Sidewalks & Streetlights. N.E. Quadrant Delta BIW 03-2321-01-21 WO -1 2025-2031 112,000- 112,000 56,000 56,000 51,520 4,480 53 Sidewalks & Streetlights: Kingston Rd. Steeple Hill toNorth Whites 04-2321-002-03 Side WO -3 2018 317,000- 317,000 158,500 158,500 145,820 12,680 54 Sidewalks & Streetlights: Kingston/Di de-CNRtracks South Side TC -11 2025-2031 133,500- 133,500 66,750 66,750 61,410 5,340 55 Streetlights & Sidewalks Brock Road -both sides-Forbrock Rd. to Taunton Road. DH -24 2018-2024 50,000- 50,000 25,000 25,000 23,000 2,000 56 TC -6 - Valley Farm Road (East Side) Kingston Road to 100m South - Sidewalk/BIW. in conjunction with adjacent development TC -6 2018-2024 53,777- 53,777 26,889 26,889 24,737 2,151 57 Kingston Road - West Limit of Neighbourhood 7 to D0de Road north side D-1 2018-2024 570,000- 570,000 285,000 285,000 262,200 22,800 58 Kingston Road - West Limit to East Limit of Neighbourhood 7 (Fairport to CN bridge) south side. D-2 2018-2024 694,535- 694,535 347,268 347,268 319,486 27,781 59 Finch Avenue - Spruce Hill to East Limit of Neighbourhood 9 north side D-9 2018-2024 285,000- 285,000 142,500 142,500 131,100 11,400 60 Finch Avenue - Spruce Hill to Fairport Road south side D-10 2018-2024 253,000- 253,000 126,500 126,500 116,380 10,120 61 Finch Avenue - Brock Road to Hydro Corridor north side V-12 2018-2024 315,650- 315,650 157,825 157,825 145,199 12,626 Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 21 Pri .No Increased Service Needs Attributable to Anticipated Development 2018-2031 Roads Code liming (year) Gross Capital Cost Estimate (2017$) Post Period Benefit Net Capital Cost Benefit to Existing Development Less: Grants, Subsidies and Other Contributions Attributable to New Development Potential Total DC Recoverable Cost Non - Residential Residential Share Share 92% 8% 62 Whites Road - Granite Court to Hwy 401 west side W-5 2018-2024 95,000 - 95,000 47,500 47,500 43,700 3,800 63 Whites ald s Road -North of 3rd Concession to Taunton sidewalk, multi -use trail, streetlight RU -8 2018-2024 1,153,000 - 1,153,000 57,650 1,095,350 1,007,722 87,628 64 Whites Road - Finch Ave to Seaton Boundary multi -use 2018-2024 1,741,100 - 1,741,100 174,110 1,566,990 1,441,631 125,359 65 Whites Road - Bridge over west Duffins Creek streetlighting RU -9 2018-2024 809,400 - 809,400 40,470 768,930 707,416 61,514 66 Brock Road - Bayly Street to Montgomery Road East and West Sides BI -4 2018-2024 1,861,600 - 1,861,600 930,800 930,800 856,336 74,464 67 Sideline 24 - Hwy 7 south to north limit of subdivision sidewalk/streetlights RU -12 2018-2024 389,600 - 389,600 58,440 331,160 304,667 26,493 68 Whites Rd. CPR Overpass sidewalk/streetlights A-6 2018-2024 269,800 - 269,800 40,470 229,330 210,984 18,346 69 BaylyStreet- Church Street to West Limit Neighbourhood 4 north and south sides BI -1 2018-2024 1,162,300 - 1,162,300 581,150 581,150 534,658 46,492 70 Hwy 7- Brock Rd to West Townline Sidewalk/streetlights north side RU -10 2018-2024 1,250,800 - 1,250,800 187,620 1,063,180 978,126 85,054 71 Church Street - Bayly Street to Kellino Street west side BI -17 2018-2024 325,000 - 325,000 162,500 162,500 149,500 13,000 72 Altona Road - Strouds Lane to North Limit of Neighbourhood 10 east and west sides H1 2018-2024 1,300,000 - 1,300,000 650,000 650,000 598,000 52,000 73 Finch Avenue - West Limit of Neighbourhood 7 to Duncannon Dr. north side L-6 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 74 Finch Avenue - Lynn Heights to East 80m north side L-7 2018-2024 40,000 - 40,000 20,000 20,000 18,400 1,600 75 Finch Avenue - Valley Farm Road to West 600m south side L-9 2018-2024 300,000 - 300,000 150,000 150,000 138,000 12,000 76 Finch Avenue - Valley Farm Road to East 300m north side L-10 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 77 Finch Avenue - Altona Road to Rosebank Road south side RP -6 2018-2024 250,000 - 250,000 125,000 125,000 115,000 10,000 78 Finch Avenue - Rosebank Road to 500m West north side RP -5 2018-2024 250,000 - 250,000 125,000 125,000 115,000 10,000 79 Altona Road - Finch Avenue to Hydro Corridor (N) east side RP -9 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 80 Altona Road - Finch Avenue to North Limit of Neighbourhood 14 west side RP -10 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 81 Altona Road - Finch Avenue to North Limit of Neighbourhood 14 east side RP -11 2018-2024 150,000 - 150,000 75,000 75,000 69,000 6,000 82 North Road - FMy 7 south to north limit of subdivision sidewalk/streetlights RU -11 2018-2024 500,000 - 500,000 75,000 425,000 391,000 34,000 83 Whitevale Road - Altona Road to York/Durham Townline sidewalk/streetlights/multi-use trail RU -14 2018-2024 675,000 - 675,000 101,250 573,750 527,850 45,900 84 Taunton Rd. - Sideline 16 to Church St sidewalk/streetlights/multi-use trail RU -17 2025-2031 375,000 - 375,000 56,250 318,750 293,250 25,500 85 Taunton Rd. - Whites Rd. To West Townline sidewalk/streetlights/multi-use trail RU -18 2025-2031 2,475,000 - 2,475,000 371,250 2,103,750 1,935,450 168,300 86 South Esplanade Pedestrian Mall walkway 2025-2031 900,000 - 900,000 450,000 450,000 414,000 36,000 87 Kingston Road -Fronting 820 Kingston Road to Fairport Rd North Side (455m) WO -10 2018-2024 270,000 - 270,000 135,000 135,000 124,200 10,800 88 Kingston Road - Rougemount Drive to 300m west North Side RO-12 2018-2024 175,500 - 175,500 87,750 87,750 80,730 7,020 Traffic Signals 89 Pickering Parkway at Glenanna Rd. - Signalization TC -4 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 90 Glenanna Road at Fairport Road Signalization D-8 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 91 Welrus Street at Fairport Road Signalization D-12 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 92 Rosebank Road at Sheppard Avenue Jog elimination/Signalization & EA WO -8 2018-2024 700,000 - 700,000 70,000 630,000 579,600 50,400 93 Rosebank Road at Highview Road/Deerhaven Lane Signalization A-5 2018-2024 300,000 - 300,000 30,000 270,000 248,400 21,600 94 Strouds Lane at Aspen Road/Shadybrook Drive Signalization A-7 2025-2031 600,000 - 600,000 60,000 540,000 496,800 43,200 95 Finch Avenue at Woodview Avenue Signalization RP -1 2025-2031 300,000 - 300,000 30,000 270,000 248,400 21,600 Reserve Fund Adjustment (18,249,536) (16,789,573) (1,459,963) Total 123,653,095 - 123,653,095 37,963,179 - 67,440,380 62,045,149 5,395,230 Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 22 4. Revised D.C. Calculation and Schedule of Charges Based on the proposed amendments the 2017 D.C. Background Study and D.C. By - Law the calculated schedule of charges is provided in Table 4-1 below. The charges are provided in 2018$ consistent with Table 6-5 of the 2017 D.C. Background Study. As noted in Chapter 1 of this report, Council adopted specific exemption policies with respect to some types of development. These exemption policies, as well as all other D.C. policies (i.e. rules) contained in By-law 7595-17, remain unchanged through this process. Only the schedule of charges with respect to Parks and Recreation Services, Library Services, Administration Studies, Protection Services, and Transportation Services are being amended to reflect the updated capital cost estimates noted herein. A comparison of the amended charges herein (indexed to 2019$), with the City's current 2019 D.C. rates is provided in Table 4-2. In total, the single and semi-detached D.C. for developments outside of the Seaton Lands would increase by $1,186 per unit (+8%) and the non-residential charge would increase by $0.09 per sq.ft. of GFA (+3%). For development within the Seaton Lands, the single and semi-detached D.C. would increase by $1,204 per unit (+14%), the prestige employment land charge would increase by $2,959 per net hectare (+7%), and the non-residential charge for all other uses would increase by $0.09 per sq.ft. GFA (+7%). Detailed cash-flow calculation tables underlying the calculation of the D.C.s, as revised by the amendments, are summarized in Tables 4-3 through 4-16. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 25 Table 4-1 Amended Schedule of Development Charges (2018$ 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 26 RESIDENTIAL rt 'Apartments ApBachelor 2 Bedrooms and 1 + Bedroom N. NON-RESIDENTIAL (per net Ha Per ftZ of of Prestige Total Floor Employmen Area) 2 t Land in Seaton) Service SinSemi- gle etached welling Other Multiples Municipal Wide Services: Other Services Related to a Highway 441 279 197 356 0.15 5,451 Protection Services 896 566 401 724 0.34 11,522 Parks and Recreation Services 6,047 3,820 2,706 4,882 0.47 16,036 Library Services 1,003 634 449 810 0.07 2,397 Administration Studies 286 181 128 231 0.11 3,676 Stormwater Management 288 182 129 233 0.10 3,503 Total Municipal Wide Services 8,961 5,662 4,010 7,236 1.24 42,585 Outside of Seaton Lands Transportation 1 6,500 4,106 2,909 5,248 1.82 Total Services Outside of Seaton Lands 6,500 4,106 2,909 5,248 1.82 Seaton 8,961 5,662 4,010 7,236 1.24 42,585 Rest of Pickering 15,461 9,768 6,919 12,484 3.06 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 26 Table 4-2 Comparison of Development Charges (2019$) Service Residential Single and Semi -Detached Dwelling Non -Residential (per ft' of Total Floor Area) 2 Non -Residential (per net Ha of Prestige Employment Land in Seaton) 2017 D.C. Addendum Change ($) Change (%) 2017 D.C. Addendum Change ($) Change (%) 2017 D.C. Addendum Change ($) Change (%) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 470 948 5,175 1,158 296 307 470 955 6,451 1,069 306 307 7 1,276 (89) 10 0% 1% 25% -8% 3% 0% 0.16 0.35 0.42 0.08 0.11 0.11 0.16 0.35 0.51 0.07 0.12 0.11 0% 0% 0.09 21% (0.01) -13% 0.01 9% 0% 5,814 12,194 14,146 2,779 3,797 3,738 5,814 12,291 17,106 2,557 3,921 3,738 97 2,960 (222) 124 Total Municipal Wide Services 8,354 9,558 1,204 14% 1.23 1.32 0.09 7% 42,468 45,427 2,959 7% Outside of Seaton Lands Transportation 1 6,952 6,934 (18) 0% 1.95 1.94 (0.01) Total Services Outside of Seaton Lands 6,952 6,934 (18) 0% 1.95 1.94 (0.01) Seaton Rest of Pickering 8,354 15,306 9,558 16,492 1,204 1,186 14% 8% 1.23 3.18 1.32 3.26 0.09 0.08 -1% -1% n/a 7% 3% 42,468 45,427 2,959 7% Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 27 Table 4-3 Cash Flow Analysis Protection Services- Residential D.C. Reserve Year Fund Opening Balance 1 Dev't Related Expenditures Nominal Inflated (3°/dYr) Interest Revenues Revenues Debenture (2.5% on DC Reserve DC Rates w. Anticipated positive Fund Closing SDE per Year Inflation (3°/dYr) Revenues minus Financing Expenditures Requiremen balances & 5% Balance after on negati )e-liFinancing balances 2018 $ (198,257) $ 05,037) $ 06,388) 2,499 i $ 896 $ 2,239,427 $ 2,193,039 19,978 $ 2,014,761 2019 $ 2,014,761 $ (6,031,458) $ (6,398,773) 2,499 l $ 923 $ 2,306,610 $ (4,092,163) (26,751) $ (2,104,153) 2020 $ 2,104,153) $ 4,294,492) $ 4,692,707 2,499 i $ 951 $ 2,375,808 $ 2,316,899 163,130) $ 4,584,182 2021 $ (4,584,182) $ (318,524) $ (358,502) 2,499 $ 979 $ 2,447,083 $ 2,088,581 Interest (2.5%on positive balances & 5° on n s) balances) $ 1,835 $ (176,995) $ (2,672,596) 2022 $ (2,672,596) $ (10,814) $ (12,537) 2,499 $ 1,009 $ 2,520,495 $ 2,507,958 $ 11,868 $ (70,931) $ (235,568) 2023 $ (235,568) $ (8,479,374) $ (10,124,816) 2,155 $ 1,039 $ 2,238,964 $ (7,885,852) $ 224,556 $ (208,925) $ (8,330,345) 2024 (8,330,345) (318,524) (391,745) 2,155 1,070 $ 2,306,133 1,914,388 (368,658) (6,784,614) 2025 $ (6,784,614) $ (10,814) $ (13,699) 2,155 1,102 $ 2,375,317 $ 2,361,618 $ (280,190) $ (4,703,187) 2026 $ (4,703,187) $ (10,814) $ (14,110) 2,155 1,135 $ 2,446,576 $ 2,432,466 $ (174,348) $ (2,445,068) 2027 $ (2,445,068) $ (10,814) $ (14,534) 2,155 $ 1,169 $ 2,519,974 $ 2,505,440 $ (60,372) Table 4-4 Cash Flow Analysis Protection Services - Seaton Prestige Employment Land Year 2018 D.C. Reserve Fund Opening Balance Dev't Related Expenditures"'�-- Net Hectares ated (3°/dYr) per Year DC Rates w. Inflation (3°/dYr Anticipated Revenues $ 211,665 evenue minus penditures $ 206,973 Debenture Financing Requirement Interest (2.5%on positive balances & 5° on n s) balances) $ 1,835 DC Reserve Fund Closing Balance afte Financin $ 20,055 $ 4,556 $ 4,693 18 $ 11,522 $ 188,752 2019 $ 188,752 $ 610,134 $ 647,291 18 $ 11,868 $ 218,015 $ 429,276 $ 3,654 $ 244,177 2020 $ 244,177 $ 434,425 $ 474,708 18 $ 12,224 $ 224,556 $ 250,152 $ 18,463 $ 512,792 2021 $ 512,792 $ 32,221 $ 36,266 18 $ 12,591 $ 231,292 $ 195,027 - $ 20,764 $ 338,529 2022 $ 338,529 $ 1,094 $ 1,268 18 $ 12,968 $ 238,231 $ 236,963 - $ 11,002 $ 112,568 2023 $ 112,568 $ 857,762 $ 1,024,212 18 $ 13,357 $ 245,378 $ 778,834 $ 25,099 $ 916,502 2024 $ 916,502 $ 32,221 $ 39,628 18 $ 13,758 $ 252,739 $ 213,111 $ 40,497 $ 743,888 2025 $ 743,888 $ 1,094 $ 1,386 18 $ 14,171 $ 260,322 $ 258,936 ` $ 30,721 $ 515,673 2026 $ 515,673 $ 1,094 $ 1,427 18 $ 14,596 $ 268,131 $ 266,704 $ 19,116 $ 268,086 2027 $ 268,086 $ 1,094 $ 1,470 18 $ 15,034 $ 276,175 $ 274,705 - $ 6,619 $ - Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 28 Table 4-5 Cash Flow Analysis Protection Services - Other Non -Residential Year 2018 D.C. Reserve Fund Opening Balance $ 35,863 Dev't Related ExpenditureM�For GFA per Year Nominal Inflated (3°/1Yr) -' DC Rates w. Inflation (3°/dYr) Anticipated Revenues $ 378,502 Revenues minus Expenditures $ 370,110 Debenture Financing Requiremen Interest (2.5%on positive balances & 5 on negativ balances) DC Reserve Fund Closing Balance after Financing $ 8,147 $ 8,391 1,118,519 $ 0.34 $ 3,282 $ 337,529 2019 $ 337,529 $ 1,091,047 $ 1,157,491 1,118,519 $ 0.35 $ 389,857 $ 767,635 - $ 6,534 $ 436,640 2020 $ 436,640 $ 776,842 $ 848,876 1,118,519 $ 0.36 $ 401,552 $ 447,324 $ 33,015 $ 916,979 2021 $ 916,979 $ 57,619 $ 64,850 1,118,519 $ 0.37 $ 413,599 $ 348,749 - $ 37,130 $ 605,360 2022 $ 605,360 $ 1,956 $ 2,268 1,118,519 $ 0.38 $ 426,007 $ 423,739 $ 19,675 $ 201,296 2023 $ 201,296 $ 1,533,857 $ 1,831,505 1,118,519 $ 0.39 $ 438,787 $ 1,392,718 - $ 44,883 $ 1,638,896 2024 $ 1,638,896 $ 57,619 $ 70,864 1,118,519 $ 0.40 $ 451,951 $ 381,087 - $ 72,418 $ 1,330,227 2025 $ 1,330,227 $ 1,956 $ 2,478 1,118,519 $ 0.42 $ 465,509 $ 463,031 $ 54,936 $ 922,131 2026 $ 922,131 $ 1,956 $ 2,552 1,118,519 $ 0.43 $ 479,475 $ 476,922 - $ 34,184 $ 479,393 2027 $ 479,393 $ 1,956 $ 2,629 1,118,519 $ 0.44 $ 493,859 $ 491,230 - $ 11,837 $ 0 Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 29 Table 4-6 Cash Flow Analysis Transportation Services - Residential Year D.C. Reserve Fund Opening Balance Dev't Related Nominal Expenditures Inflated (3%/Yr) SDE per Year DC Rates w. Inflation (3%/Yr) Anticipated Revenues Revenues minus Expenditures Debenture Financing Requirement Interest (2.5% on positive balances & 5% on negative balances) DC Reserve Fund Closing Balance after Financing 2018 $ 16,789,573 $ (4,976,978) $ (5,126,288) 1,145 6,500 7,444,765 $ 2,318,477 - $ 448,720 $ 19,556,771 2019 $ 19,556,771 $ (8,467,992) $ (8,983,693) 1,145 6,695 7,668,108 $ (1,315,585) $ 472,474 $ 18,713,660 2020 $ 18,713,660 $ (7,482,297) $ (8,176,108) 1,145 6,896 7,898,151 $ (277,957) $ 464,367 $ 18,900,071 2021 $ 18,900,071 $ (9,642,752) $ (10,853,002) 1,145 7,103 8,135,096 $ (2,717,906) $ 438,528 $ 16,620,692 2022 $ 16,620,692 $ (7,482,297) $ (8,674,033) 1,145 7,316 8,379,149 $ (294,884) $ 411,831 $ 16,737,639 2023 $ 16,737,639 $ (7,482,297) $ (8,934,254) 802 7,535 6,040,255 $ (2,893,999) - $ 382,266 $ 14,225,907 2024 $ 14,225,907 $ (7,482,297) $ (9,202,282) 802 7,762 6,221,463 $ (2,980,819) $ 318,387 $ 11,563,475 2025 $ 11,563,475 $ (3,688,259) $ (4,672,176) 802 7,994 6,408,107 $ 1,735,931 - $ 310,786 $ 13,610,192 2026 $ 13,610,192 $ (3,688,259) $ (4,812,341) 802 8,234 6,600,350 $ 1,788,009 - $ 362,605 $ 15,760,806 2027 $ 15,760,806 $ (3,688,259) $ (4,956,711) 802 8,481 6,798,361 $ 1,841,649 - $ 417,041 $ 18,019,496 2028 $ 18,019,496 $ (3,688,259) $ (5,105,413) 76 8,736 661,647 $ (4,443,766) $ 394,940 $ 13,970,670 2029 $ 13,970,670 $ (3,688,259) $ (5,258,575) 76 8,998 681,496 $ (4,577,079) $ 292,053 $ 9,685,644 2030 $ 9,685,644 $ (3,688,259) $ (5,416,332) 76 9,268 701,941 $ (4,714,392) $ 183,211 $ 5,154,464 2031 $ 5,154,464 $ (3,688,259) $ (5,578,822) 38 9,546 361,500 $ (5,217,323) $ 62,859 $ (0) Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 30 Table 4-7 Cash Flow Analysis Transportation Services - Non -Residential Year D.C. Reserve Fund Opening Balance Dev't Related Nominal Expenditures Inflated (3%/Yr) GFA per Year DC Rates w. Inflation (3%/Yr) Anticipated Revenues Revenues minus Expenditures Debenture Financing Requirement Interest (2.5% on positive balances & 5% on negative balances) DC Reserve Fund Closing Balance after Financing 2018 $ 1,459,963 $ (432,781) $ (445,764) 279,599 $ 1.82 $ 509,044 $ 63,279 - $ 37,290 $ 1,560,532 2019 $ 1,560,532 $ (736,347) $ (781,191) 279,599 $ 1.88 $ 524,315 $ (256,876) - $ 35,802 $ 1,339,459 2020 $ 1,339,459 $ (650,635) $ (710,966) 279,599 $ 1.93 $ 540,044 $ (170,922) - $ 31,350 $ 1,199,887 2021 $ 1,199,887 $ (838,500) $ (943,739) 279,599 $ 1.99 $ 556,246 $ (387,494) $ 25,154 $ 837,547 2022 $ 837,547 $ (650,635) $ (754,264) 279,599 $ 2.05 $ 572,933 $ (181,331) - $ 18,672 $ 674,888 2023 $ 674,888 $ (650,635) $ (776,892) 279,599 $ 2.11 $ 590,121 $ (186,771) - $ 14,538 $ 502,655 2024 $ 502,655 $ (650,635) $ (800,198) 279,599 $ 2.17 $ 607,825 $ (192,374) $ 10,162 $ 320,443 2025 $ 320,443 $ (320,718) $ (406,276) 279,599 $ 2.24 $ 626,059 $ 219,783 - $ 10,758 $ 550,985 2026 $ 550,985 $ (320,718) $ (418,464) 279,599 $ 2.31 $ 644,841 $ 226,377 - $ 16,604 $ 793,966 2027 $ 793,966 $ (320,718) $ (431,018) 279,599 $ 2.38 $ 664,186 $ 233,168 - $ 22,764 $ 1,049,897 2028 $ 1,049,897 $ (320,718) $ (443,949) 84,250 $ 2.45 $ 206,139 $ (237,810) $ 23,275 $ 835,362 2029 $ 835,362 $ (320,718) $ (457,267) 84,250 $ 2.52 $ 212,323 $ (244,944) - $ 17,822 $ 608,240 2030 $ 608,240 $ (320,718) $ (470,985) 84,250 $ 2.60 $ 218,693 $ (252,292) - $ 12,052 $ 368,000 2031 $ 368,000 $ (320,718) $ (485,115) 42,125 $ 2.67 $ 112,627 $ (372,488) - $ 4,488 $ - Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 31 5. Asset Management Plan 5.1 Introduction The changes to the D.C.A. (new section 10(c.2)) through Bill 73, require that the background study must include an Asset Management Plan (A.M.P) related to new infrastructure. Section 10 (3) of the D.C.A. provides: The A.M.P. shall, (a) deal with all assets whose capital costs are proposed to be funded under the development charge by-law; (b) demonstrate that all the assets mentioned in clause (a) are financially sustainable over their full life cycle; (c) contain any other information that is prescribed; and (d) be prepared in the prescribed manner. The A.M.P. analysis included in the 2017 D.C. Background Study, which found that the capital plan was deemed to be financially sustainable, has been updated to account for the capital cost revisions described herein. The updated A.M.P. analysis contained in Table 5-1 identifies: • $62.4 million in total annualized expenditures; and • Incremental operating revenues of $49.7 million and existing operating revenues of $94.6 million, totalling $144.3 million by the end of the period. In consideration of the above changes, the capital plan still deemed to be financially sustainable. Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 37 Table 5-1 2019 D.C. Amendment Asset Management — Future Expenditures and Associated Revenues (2017$) Non -Growth Related component of Projects including 10% mandatory deduction on soft services 2 Interim Debt Financing for Post Period Benefit 3 Area -specific application of Transportation Services 4 As per Sch. 10 of FIR Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 38 Sub -Total 2031 (Total) Expenditures (Annualized) Annual Debt Payment on Non -Growth Related Capital' 10,124,138 Annual Debt Payment on Post Period Capital2 2,153,082 Lifecycle: Annual Lifecycle - Town Wide Services $9,232,291 Annual Lifecycle - Area Specific Services3 $3,591,152 Sub -Total - Annual Lifecycle $12,823,443 $12,823,443 Incremental Operating Costs (for D.C. Services) $37,294,559 Total Expenditures $62,395,222 Revenue (Annualized) Total Existing Revenue4 $94,578,893 Incremental Tax and Non -Tax Revenue (User Fees, Fines, Licences, etc.) $49,682,047 Total Revenues $144,260,940 Non -Growth Related component of Projects including 10% mandatory deduction on soft services 2 Interim Debt Financing for Post Period Benefit 3 Area -specific application of Transportation Services 4 As per Sch. 10 of FIR Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 38 6. Process for Adoption of the Amending Development Charges By-law If approved, the changes provided herein will form part of the 2017 D.C. Background Study, as amended. Appendix A to this update study includes the draft Amending D.C. By-law being presented for Council's consideration at the statutory public meeting on December 2, 2019. At that meeting a presentation will be made to the public regarding the recommendations of the D.C. Update Study, and Council may receive oral and written comments on the matter. It is anticipated that Council will consider for adoption the proposed amending by-law at a subsequent meeting of Council, witnessing the 60 -day period between the release of the D.C. Background Study and the passage of the D.C. By-law (i.e. no earlier than December 16, 2019). If Council is satisfied with the proposed changes to the D.C. Background Study and D.C. By -Law, it is recommended that Council: "Approve the Development Charges Update Study dated October 16, 2019, as amended; subject to further annual review during the capital budget process;" "Determine that no further public meeting is required;" and "Approve the Amending Development Charge By-law as set out herein" Watson & Associates Economists Ltd. 2019 Update Study - Amended Version PAGE 39 The Corporation of the City of Pickering By-law No. /19 Being a By-law Regarding Development Charges to amend By-law 7595-17 to make certain revisions to the City's development charges involving capital cost estimates. WHEREAS Section 19 of the Development Charges Act, 1997, S.O. 1997, c27 ("the Act") provides for amendments to be made to development charges by-laws; AND WHEREAS the Council of the Corporation of the City of Pickering (hereinafter called "the Council") has determined that certain amendments should be made to the Development Charge By-law of the Corporation of the City of Pickering, being By-law 7595-17; AND WHEREAS, in accordance with the Act, a development charges background study has been completed in respect of the proposed amendment; AND WHEREAS the Council of the Corporation of the City of Pickering has given notice and held a public meeting in accordance with the Act; and Now therefore the Council of The Corporation of the City of Pickering hereby enacts as follows: 1. By-law 7595-17 is hereby amended as follows: Schedule "C" is deleted and the attached Schedule "C" substitutes therefor. 2. This by-law shall come into force on December 17, 2019. By-law passed this 16th day of December 2019 Mayor Clerk Schedule "C" City of Pickering Schedule of Development Charges Effective January 1, 2018 Service RESIDENTIAL Single and Apartments Semi- Apartments - - Bachelor Other Detached 2 Bedrooms and 1 Multiples Dwelling Bedroom NON-RESIDENTIAL (per net Ha (per ft2 of of Prestige Total Floor Employmen Area) 2 t Land in Seaton) Municipal Wide Services: Other Services Related to a Highway Protection Services Parks and Recreation Services Library Services Administration Studies Stormwater Management 441 896 6,047 1,003 286 288 279 566 3,820 634 181 182 197 401 2,706 449 128 129 356 724 4,882 810 231 233 0.150 0.340 0.470 0.070 0.110 0.100 5,451 11,522 16,036 2,397 3,676 3,503 Total Municipal Wide Services 8,961 5,662 4,010 7,236 1.24 42,585 Outside of Seaton Lands Transportation 6,500 4,106 2,909 5,248 1.82 Total Services Outside of Seaton Lands 6,500 4,106 2,909 5,248 1.82 Seaton Rest of Pickering 8,961 15,461 5,662 9,768 4,010 6,919 7,236 12,484 1.24 3.06 42,585 1. Subject to a separate agreement outside of the Development Charges Act concerning the provision of Transportation 2. Does not apply to prestige employment development in Seaton, as that development is subject to the per net Ha land area charge instead.