25 Sep 2023 Council meeting Economy

Property Tax Exemption Bylaw for 2024 Property Taxes

Motions decided by one vote
That the “Property Tax Exemption Bylaw, 2023 No. 7368” (a bylaw to exempt certain land and buildings from taxation) pass first reading.
That the “Property Tax Exemption Bylaw, 2023 No. 7368” pass second reading.
That the “Property Tax Exemption Bylaw, 2023 No. 7368” pass third reading.
The City’s vote record words it differently
That “Property Tax Exemption Bylaw, 2023 No. 7368” (a bylaw to exempt certain land and buildings from taxation) pass first reading. That “Property Tax Exemption Bylaw, 2023 No. 7368” pass second reading. That the “Property Tax Exemption Bylaw, 2023 No. 7368” pass third reading.
Sources
Staff reportPage 1
Purpose
To introduce “Property Tax Exemption Bylaw, 2023 No. 7368” (a bylaw to exempt certain land and buildings from taxation) for first, second, and third readings.
Staff recommendation
1. That the “Property Tax Exemption Bylaw, 2023 No. 7368” (a bylaw to exempt certain land and buildings from taxation) pass first reading; and 2. That the “Property Tax Exemption Bylaw, 2023 No. 7368” pass second reading; and 3. That the “Property Tax Exemption Bylaw, 2023 No. 7368” pass third reading.
DocumentsStaff report about Economic Development

Questions and answers

Councillor Janice Perrino
Speaker identificationConfident
Yes

asked
Thank you. About the four properties that we were talking about, the Affordable housing. Would you just repeat what you said at the very end of your presentation, you were talking about when they will be addressed or. Affordable Housing
City staff answered
projects. In other words, yes. Through the chaired Council prino. Yes. We will be coming back to Council or Finance and Audit Committee with a report. On how to move forward and give options for Council to consider if they would like to pursue that permits of tax exemption because