Published by City of Brampton under Parklanddedicationbylaw
The City of Brampton's notice of the 2020 land values used in calculating cash-in-lieu of parkland under Parkland Dedication By-law 283-2013, effective January 1, 2020. It sets out the city-wide rates for development under sections 51.1 and 53 of the Planning Act, the site-specific approach for section 42 development, a high density rate of $4,056.50 per unit or ten per cent of land value, and a footnote about pending legislative change. Table 1 lists seven land use categories, with commercial land at $1,750,000 and industrial land at $2,000,000 per acre.
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