Decision
Downtown and Hotel and Motel Revitalization Tax Exemption Programs
Carried 3 Jun 2024The vote
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
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3 Jun 2024otherCarried 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
- Tyler Brown: other, 3 Jun 2024
- Ben Geselbracht: other, 3 Jun 2024
Documents
- Staff report, 3 Jun 2024
- Bylaw, 3 Jun 2024
- Bylaw, 3 Jun 2024
- Agenda item, 3 Jun 2024 Downtown and Hotel and Motel Revitalization Tax Exemption Programs