Council votes
Decision

Downtown and Hotel and Motel Revitalization Tax Exemption Programs

Carried 3 Jun 2024The vote
Topic: Economy Categories: Economic Development, Land Use & Urban Form 1 recorded vote 3 Jun 2024 Split

What it does

Purpose
To present Council with new Revitalization Tax Exemption Bylaws for the Downtown and Hotels and Motels.
Staff report, page 1
Staff recommendation
Revitalization Tax Exemption Bylaw (Downtown) 2024 No. 7384 1. That “Revitalization Tax Exemption Bylaw (Downtown) 2024 No. 7384” (a bylaw to establish a revitalization tax exemption program for the downtown) pass first reading; 2. That “Revitalization Tax Exemption Bylaw (Downtown) 2024 No. 7384” pass second reading; and 3. That “Revitalization Tax Exemption Bylaw (Downtown) 2024 No. 7384” pass third reading. Revitalization Tax Exemption Bylaw (Hotel and Motel) 2024 No. 7385 1. That “Revitalization Tax Exemption Bylaw (Hotel and Motel) 2024 No. 7385” (a bylaw to establish a revitalization tax exemption program for the hotels and motels) pass first reading; 2. …
Staff report, page 1

Votes

  1. 3 Jun 2024other
    Carried 7–2Split

    That Council direct Staff to bring forward Revitalization Tax Exemption Bylaws for a five- year period including Hotel and Motel Revitalization Tax Exemption program open Citywide for new builds and renovations.

Voted No

Documents