Correspondence
Letter dated January 12, 2018 from S. Price, Capital Regional District
January 23, 2018Pages 253–2621 section
A request for council support regarding CRD Bylaw No. 4093.
January 12, 2018Bylaw No. 4093
Permissive Tax Exemptions
The Annual Municipal Report for 2016 contains a list of permissive exemptions granted for the taxation year and the amount of tax revenue foregone. The list demonstrates the policy of Council that permissive exemptions are granted to not-for-profit institutions that form a valuable part of our community. These include religious institutions, historical societies, and recreational facilities.
Objectives
- The Town of View Royal will continue to consider the provision of permissive tax exemptions to non-profit societies.
- The Town of View Royal will consider the development of Revitalization Tax Exemptions as available under the Community Charter including exemptions targeted at development that encourages the revitalization of designated commercial or mixed-use areas, for LEED Gold and Platinum development and for Heritage Conservation.
Policies
- Develop a Revitalization Tax Exemption Program that details the kind of development activities the exemption program will target.
Page 253–262
Extracted from: 2018 01 23 Council Agenda - Agenda - Pdf