Correspondence
Email dated January 8, 2018 from C. & J. Olague
January 23, 2018Pages 266–2711 section
Public correspondence regarding the development of the Trans-Canada Highway area.
January 8, 20181342/1352 Trans-Canada Highway
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 266–271
Extracted from: 2018 01 23 Council Agenda - Agenda - Pdf