What is the significance of the Municipal Government Act's 'off-site levy' provision for Alberta land developers?
Correct Answer
D) It lets municipalities levy developers to fund infrastructure the new development needs, such as roads, water and sewer
Under the Municipal Government Act, municipalities can impose off-site levies on developers to recover costs of new or expanded infrastructure needed to support the development, including roads, water supply, sanitary sewers, and storm drainage. These levies can be significant and are an important cost consideration for Alberta land developers.
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