Damage Deposits
BYLAW NO. 2323 - The Corporation of the City of Courtenay
Schedule "B"
a) The refundable damage deposit is based on the construction value as follows:
| Construction Value ($) |
Deposit ($) |
| 0 - 30,000 |
200.00 |
| 30,001 - 80,000 |
500.00 |
| 80,001 - 200,000 |
700.00 |
| 200,001 - 2,000,000 |
1,000.00 |
| 2,000,001 & over |
1,500.00 |
b) The deposit shall be refunded in whole or in part if it has not been used by the City under Section 13 after:
(i) occupancy permit has been issued; and
(ii) municipal streets, work and property have been inspected and are in satisfactory condition as determined by the Building Official.
Last Update : Thursday, September 24, 2009