grand cayman infrastructure fees · 2021. 1. 28. · grand cayman infrastructure fees the...

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0 1 2 3 4 5 0.5 Miles Map Prepared: January 12, 2017 13D OPY 14D 14E 14CJ 14CF 13EH 14BH 14BG EL G I N AVE S H E D D EN R D MA R Y S T S M IT H RD 39E 33E 33B 33C 33D 33M 34A 40A RU M P O IN T D R W A TE R C A Y R D Grand Cayman Infrastructure Fees The Development and Planning (Amendment) Law, 2016 Block Grid :Fee Area A1 :Fee Area A2 :Fee Area B :Fee Area C © Inset - Downtown Inset - Cayman Kai 32E82 32E80 28D 28C S HAMR O CK R D H I R S T RD Inset - Savannah 1 : 100,000

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Page 1: Grand Cayman Infrastructure Fees · 2021. 1. 28. · Grand Cayman Infrastructure Fees The Development and Planning (Amendment) Law, 2016 ... blocks and parcel in Little Cayman. (4)

0 1 2 3 4 50.5Miles

Map Prepared: January 12, 2017

13D

OPY

14D14E

14CJ

14CF

13EH

14BH

14BG

ELG IN AVE

SHEDDEN RD

MARY ST

SMITH RD

39E33E

33B 33C

33D33M

34A 40A

RUM POINT DR

WATER CA

Y RD

Grand Cayman Infrastructure FeesThe Development and Planning (Amendment) Law, 2016

Block Grid :Fee Area A1 :Fee Area A2 :Fee Area B :Fee Area C

©

Inset - Downtown

Inset - Cayman Kai

32E82

32E80

28D

28C

SHAMR OCKRD

HIRST RD

Inset - Savannah

1 : 100,000

Page 2: Grand Cayman Infrastructure Fees · 2021. 1. 28. · Grand Cayman Infrastructure Fees The Development and Planning (Amendment) Law, 2016 ... blocks and parcel in Little Cayman. (4)

“PART VI - The Infrastructure Fund” (2016 Rev.) 37A. (1) There is established an infrastructure fund for the purpose of providing funds for development of roads, affordable housing and other infrastructure in the Islands. (2) The fund shall be administered by the Ministry of Finance and allocations and disbursements approved by Cabinet and shall consist of moneys received under subregulation (4). (3) In this section –

(a) “Area A1” means the following registration sections, blocks and parcels – See Infrastructure Fee Map (b) “Area A2” means the following registration sections, blocks and parcels – See Infrastructure Fee Map (c) “Area B” means the following registration sections, blocks and parcels – See Infrastructure Fee Map (d) “Area C” means the registration sections, blocks and parcels in Grand Cayman not included in Area A1, A2, or B and the

blocks and parcel in Little Cayman. (4) A person to whom planning permission for development is granted pursuant to an application made on or after the date of commencement of Section 12 of the Development and Planning (Amendment) Regulations 2016, shall contribute to the infrastructure fund as follows– (a) The following Infrastructure Fees are payable in Area A1:

Type of Development Fee For an industrial building or any extension thereto .................................................................................. $2.50 per square foot For a commercial building or any extension thereto ................................................................................ $4.50 per square foot For a hotel building or any extension thereto .......................................................................................... $4.50 per square foot For an apartment building or any extension thereto ................................................................................ $4.50 per square foot For an institutional building or any extension thereto .............................................................................. $3.50 per square foot For a house, duplex, related structures or any extension thereto ........................................................... $3.50 per square foot For subdivision of land ............................................................................................................................. $200.00 per lot For a change of use of building ....... The rate applicable to the type of development being changed to. (b) The following Infrastructure Fees are payable in Area A2:

Type of Development Fee For an industrial building or any extension thereto .................................................................................. $2.50 per square foot For a commercial building or any extension thereto ................................................................................ $4.50 per square foot For a hotel building or any extension thereto .......................................................................................... $4.50 per square foot For an apartment building or any extension thereto ................................................................................ $4.50 per square foot For an institutional building or any extension thereto .............................................................................. $3.50 per square foot For a house, duplex, related structures or any extension thereto ........................................................... $3.50 per square foot For subdivision of land ............................................................................................................................. $200.00 per lot For a change of use of building ....... The rate applicable to the type of development being changed to. (c) The following Infrastructure Fees are payable in Area B:

Type of Development Fee For an industrial building or any extension thereto ................................................................................. $1.50 per square foot For a commercial building or any extension thereto ................................................................................ $2.50 per square foot For a hotel building or any extension thereto .......................................................................................... $2.50 per square foot For an apartment building or any extension thereto ................................................................................ $2.50 per square foot For an institutional building or any extension thereto ............................................................................. $2.50 per square foot For a house up to 4,000 sq.ft. in gross floor area .................................................................................. $1.00 per square foot For a house 4,001 to 5,000 sq.ft. in gross floor area ............................................................................... $1.50 per square foot For a house exceeding 5,000 sq.ft. in gross floor area ........................................................................... $3.50 per square foot For subdivision of land ............................................................................................................................. $100.00 per lot For an extension to a house, duplex, or related structure which would increase its gross floor area to the thresholds described above ............................... .The appropriate rate for the gross floor area category. For a change of use of building ....... The rate applicable to the type of development being changed to.

(d) The following Infrastructure Fees are payable in Area C:

$0.25 per square foot of the gross floor area of the development, and any extension thereto, and $100 per lot for the subdivision of land.

(e) without prejudice to the respective amounts prescribed in paragraphs (a), (aa), (b), and (c), in the Islands an additional affordable

housing fee is payable on the issue of a Certificate of Completion or Certificate of fitness for Occupancy, and will be assessed as follows – (a) at a rate of $3,000 per hotel room; and (b) in Area A1, at a rate of $20,000 per apartment, in respect of applications relating to 11 or more apartments; and

(f) in any case where the Authority is of the opinion that the development (including any temporary development) is necessary for the

purpose of restoration following a national disaster, fifty per cent of the respective amounts prescribed in paragraphs (a), (aa), (b) and (c).

(5) The total contribution under subsection (4)(a) to (e) is payable as follows - (a) fifty per cent of the contribution is payable on the

issue of a permit; and (b) fifty per cent of the contribution is payable on the issue of a Certificate of Completion, Certificate of Occupancy or Certificate of fitness for Occupancy.

(6) The interest earned on the moneys of the infrastructure fund shall be retained for the purposes of the fund. (7) In this Part –

“affordable housing” means any Government assisted housing programme undertaken under the auspices of the National Housing Development Trust, Sister Islands Affordable Homes or any similar Government entity; “Certificate of Completion”, in relation to a building, means a certificate issued by the Authority that certifies the building is complete in accordance with planning permission requirements but does not grant permission to occupy; “Certificate of fitness for Occupancy” or “Certificate of Occupancy”, in relation to a building, means a certificate issued by the Authority that the building is complete in accordance with planning requirements and grants permission to occupy; and “infrastructure” means public services and utilities used in common by the residents of the Islands.”.