Downtown Vancouver SkyTrain station. (Black Press)

Metro mayors to get new transit funding tool

B.C. giving TransLink board authority for development charges

TransLink is getting the authority it needs to levy development charges on new developments to finance expansion of transit services in Metro Vancouver.

Municipal Affairs Minister Selina Robinson tabled legislation Monday to give the TransLink Mayors’ Council the authority it needs to impose new development cost charges. The mayors plan to raise $20 million a year to cover costs of their 10-year service plan, which includes upgrades to Millennium and Expo SkyTrain lines, additional buses and a new SeaBus.

In late 2017, TransLink’s directors proposed residential rates of between $1,200 and $2,100 per unit, and 50 cents to $1 per square foot for non-residential developments. Development cost charges are a one-time fee on new developments to handle growth-related infrastructure costs.

RELATED: TransLink sets new development fees

The legislation gives TransLink the option to provide reductions or waivers to the new charges for lower-cost rental housing in the region. It also requires TransLink to report publicly on its development charges annually.

The B.C. government has committed to cover 40 per cent of the TransLink 10-year plan, but the regional share of funding has been a contentious issue for many years.

Just Posted

Agassiz Community Gardens hoping to find new home at old McCaffrey school

The society has been looking for a new location since its previous gardens were sold in October

Kent looking to replace Ferny Coombe pool with indoor facility

The facility being built is dependent on grant funding from the province and federal government

B.C. storm totals $37M in insured damages

The December storm wreaked havoc on B.C.’s south coast

Escape room brings ‘out of the box’ activity to Agassiz

AESS alumni and teacher developed the concept to bring teamwork-based entertainment to the town

Hatzic man charged with assaulting Chilliwack RCMP officers

Jason Roberto Vatcher was out on bail facing firearms charges

B.C. opioid crisis to get same world-renowned treatment approach as HIV/AIDS

A program that focuses on treatment as prevention will roll out Jan. 17

‘Prince of Pot’ Marc Emery accused of sexual assault, harassment

Emery denied the allegations, but a Toronto woman says she is not the only one speaking out

Vancouver Island photographer makes National Geographic’s 2018 elite

Rare double honour for Marston from the 36 best Your Shots out of nearly 19,000 photos

Ex-Liberal candidate in Burnaby, B.C., says volunteer wrote controversial post

Karen Wang dropped out following online post singling out NDP Leader Jagmeet Singh’s ethnicity

Asteroids are smacking Earth twice as often as before

The team counted 29 craters that were no older than 290 million years

Canada’s arrest of Huawei exec an act of ‘backstabbing,’ Chinese ambassador says

China has called Canada’s arrest of Huawei chief financial officer Meng Wanzhou ‘politically motivated’

Manure company causing ‘toxic’ stink at Abbotsford school seeks permit

Property across from King Traditional Elementary cannot operate manure facility without permit

Vancouver city council endorses free transit for youth

Mayor Kennedy Stewart will write a support letter to TransLink

In limbo: Leftover embryos challenge clinics, couples

Some are outright abandoned by people who quit paying storage fees and other couples struggle with tough decisions

Most Read