In October, reports from the South Dundas planning department showed that South Dundas was having a good year, growth-wise.
Last week, South Dundas council found out just how good, when they were presented with the 2012 building permit summary.
According to those figures, South Dundas experienced a record year, with construction projects valued at more than $27 million taking place.
That is a huge increase over 2011, when total construction for the year was valued at just under $13 million.
“That’s really good news,” said South Dundas mayor Steven Byvelds at the February 5 council meeting. “We have 34 new residences.”
While the number of new residences is about the same as the previous year, there were about 30 more permits for residential construction sold in 2012, meaning that more people are making improvements to existing residences.
South Dundas even experienced some industrial growth. Five industrial building permits were sold in 2012, as compared to only two in 2011.
The increase in the sale of building permits represents immediate revenue for the municipality when the permits are issued and fees are paid. South Dundas collected almost $40,000 more in permit fees in 2012, than 2011.
In the long run this growth will result in additional property tax revenue for the municipality.