What kind of projects will the CACs fund?

Coquitlam is one of the fastest growing municipalities in Metro Vancouver and this is creating strong demand for new public amenities. The CAC revenue collected by the City would be used to help fund major capital projects identified in the Parks, Recreation and Culture Master Plan. The capital cost of these major projects is estimated on a preliminary basis to be in the range of $300 - $350 million over the next 30 years. CACs will cover approximately one-third of the estimated cost of the major new parks, recreation and culture facilities that the City anticipates will be required over the next 30 years. The City will still need other funding sources to help complete all of the facilities.

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1. What is a CAC Program?
2. Who Pays CACs?
3. How long is the Program Grace Period?
4. When does the CAC program apply?
5. What kind of projects will the CACs fund?
6. What are the CAC rates?
7. How much revenue might the city receive from CACs?