Transfers framework supports development in the near term
Council has approved a framework for Transfers of Servicing Commitment that would support the transfer of committed water capacity from registered unbuilt lots/blocks to draft approved subdivisions. It is expected this would allow for over 500 homes to move forward. The transfers of committed capacity are subject to certain conditions, including:
- The transfer must occur within lands owned or controlled by the same developer;
- The Area Municipality agrees to the transfer;
- The transfer does not result in an increase in water demand; and
- A mechanism is used to stop any further development on the lands from which the capacity has been transferred until a further allocation has occurred from the Area Municipality.
Starting immediately, Region staff will review and facilitate the transfer requests received to date and expedite implementation.