Appendix
Schedule of Permissive Exemption Applications 2025
September 16, 2025Page 351 section
A summary table of the Island Corridor Foundation properties requesting tax exemption and the estimated total taxes for 2026-2028.
Total Estimated Taxes 2026: $69,148Total Estimated Taxes 2028: $78,207
Attachment C
Schedule of Permissive Exemption Applications 2025
| Property to be exempt | Folio | PID | Nature of Organization | Community Benefits | Estimated Total Taxes 2026 | Estimated Total Taxes 2027 | Estimated Total Taxes 2028 |
|---|---|---|---|---|---|---|---|
| Island Corridor Foundation | 401 18806.000 | 023-005-459 | Non-profit | - Provide recreational facilities for public use - Preserve heritage important to the community character - Preserve an environmentally or ecologically significant area of the community |
$27,016 | $28,880 | $30,555 |
| Island Corridor Foundation | 401 18807.000 | 011-825-871; 014-980-258; 024-036-021; 024-039-209; 024-839-957 |
Non-profit | - Provide recreational facilities for public use - Preserve heritage important to the community character - Preserve an environmentally or ecologically significant area of the community |
$41,350 | $44,204 | $46,767 |
| Island Corridor Foundation | 401 18807.002 | 024-635-987 | Non-profit | - Provide recreational facilities for public use - Preserve heritage important to the community character - Preserve an environmentally or ecologically significant area of the community |
$782 | $836 | $885 |
| Total Estimated Taxes | $69,148 | $73,920 | $78,207 |
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Extracted from: 2025 09 16 Council Agenda - Agenda - Pdf