26 Feb 2024 Council meeting Economy

Permissive Tax Exemption Application and Other Grant Request

Motion
That Council: 1. Award a Permissive Tax Exemption commencing with the 2025 taxation year to the Nanaimo Men’s Centre for the property that it leases at 418D Fitzwilliam Street; and 2. Award a 2024 Cash Grant to the Nanaimo Men’s Centre to a maximum amount of $3,600 for the 2024 property taxation year for the portion of the property that it leases at 418D Fitzwilliam Street.
Sources
Staff reportPage 1
Purpose
To present a Permissive Tax Exemption application and 2024 cash grant request from the Nanaimo Men’s Resource Centre to the Finance and Audit Committee for consideration.
Staff recommendation
That the Finance and Audit Committee recommend that Council: 1. Award a Permissive Tax Exemption commencing with the 2025 taxation year to the Nanaimo Men’s Centre for the property that it leases at 418D Fitzwilliam Street; and 2. Award a 2024 Cash Grant to the Nanaimo Men’s Centre to a maximum amount of $3,600 for the 2024 property taxation year for the portion of the property that it leases at 418D Fitzwilliam Street.
DocumentsStaff report about Economic Development