Be advised that the City's commercial development charge rate will be substantially increasing each year until 2019 due to the Council approved rate phase-in.
A growing city needs money to pay for the costs of growth. Development charges play an important part in how growth infrastructure is financed in London. Each new house, commercial centre, university building, and manufacturing plant requires infrastructure and services (e.g., sewer pipes, stormwater ponds, fire stations, road improvements, etc.) in order to function efficiently and effectively. Development charges are fees that are paid by new development to fund new infrastructure and services constructed throughout the City.
Currently, none of the London-area school boards have calculated development charges for any categories of development. No additional development charges are collected with a building permit other than those outlined in the City of London Development Charges By-law.
Detailed information regarding development related charges are available here: City of London Permits and Licences