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2-The Canadian Champion, Friday, JuIy 2, 2004 Council 4a t VdI4et Experience luxury by design. La Borna invites you ta the apening of their nevwesr locaton in Oakville Lace Discover exquisite desiger handbags and leather accessories from Furla, Francesca Biasia, Coxcinelle, Le Smortsac, Longchamp, Kipling, Braun Bussel and Mandarina Duck in bath classic and trenid setting styles and caotus Vosit their beautiful new store on July 3rd and define your style with a lttle luxury La Borsa wilI soon b. jolned by these other new, excîting locations: NINE WEST Caryl Baker f CARIlRIERIE 0 E W & TIR A F A L G A R R 0 W W W . 0 A .KV 1L L Metalsmith E P L A C E . C 0 M approves DC luke By KIM ARNOT Special to The Champion Developers will pay more to build hous- es, stores, warehouses and factories in Milton following town council's approval of a new development charges bylaw. Approved Monday night, the new bylaw sets the fees the Town will levy against new developments to help pay for roads, services and infrastructure to service the growth. "The bottom line is that development charges really allow the commuunity to grow with some financial stability," said Town Treasurer Jim McQueen, as he intro- duced the tncreased charges. Effective immediately, residential deve!- opers wilI see their costs rise from $6,509 to $8,1 89 per unit under the new bylaw. An additional surcharge of $40 per unit wil apply in the Sherwood Survey area, to pay for the monitoning of storm water manage- ment ponds. For commercial and tndustrial develop- ments, Milton will now charge $2.58 per square foot of building space, up froni $2.3 1. An addttional surcharge of 12 cents per square foot will apply in the Sherwood Survey area. But councillors were wamed that the increated tees could drive commercial and industrial development away from the Milton area. When Town and Regional development charges are combined, Milton has the high- est industal development charges in the GTA, according to a regional competitive- ncss study. Lawyer Lyn Townsend Renaud, the rep- resentative for three companies owntng undeveloped todustrial land on the north side of Hwy. 401, said high development charges could make the town uncompeti- tive. She suggested developers may opt to build in Brampton, Mississauga, or even neighbouring Halton His, where the industrial development charge is 27 cents per square foot lower than Milton. 'Halton Htlls has the sainie (Hwy.) 401 exposure as you do," wamed Townsend Renaud, who noted that the Town could lose valuahle industrial tax revenues if developers avoid Milton. But Councillor Ron Furik argued that a see LUNAU on page 14 Plans must go to council e framn TOWN on page 1 The Milton Sports Centre will expand around the saine lime that the park is huilt, with the opening of two more ice rinks and a leisure centre with a pool projected for 2008. Also, the beach volîcybaîl courts current- [y heing constructed at the Sports Centre could be moved down the road to the comn- munity park in the future. Park plans wilI he before counicil for approval July 26. For those who couldn't make it 10 the meeting, the park concept can he viewed until July 20 at Town Hall, Milton Leisure Centre, Milton Sports Centre and Milton Seniors' Activity Centre or at Www.milton.ca. Melanie Hennessey can be reached at mhennessey@miltoncanadianchampion.co ni.