26 Feb 2024 Council meeting Housing

421 Prideaux Street - Acceptance of Project Under Revitalization Tax Exemption Bylaw 2018 No. 7261

Motion
That Council approve the Revitalization Tax Exemption Agreement for a proposed 16-unit, multi-family development at 421 Prideaux Street.
Minutes, page 10
Sources
Agenda itemCity agenda, whole meeting
Staff reportPage 1
Purpose
To obtain Council approval for a multi-family development at 421 Prideaux Street to be included in the Downtown Revitalization Tax Exemption program.
Staff report, page 1
Staff recommendation
That Council approve the Revitalization Tax Exemption Agreement for a proposed 16-unit multi-family development at 421 Prideaux Street.
Staff report, page 1
DocumentsStaff report about Economic Development

Ben Geselbracht No

Councilor Gesselbrock. Yeah. Sorry. You're on. I'm on. Okay, cool. Yeah. Just to speak to this, I've. Been opposed to lost for quite a while of the exemption program because. The scope is way too broad. Things that were only four units were in it. The duration was too long for ten years. And even the geographic area. And I don't know if we did change that, but to be consistent.