17 Jun 2024 Council meeting Housing

Amendment of Project under the Revitalization Tax Exemption Bylaw 2018 No. 7261 - 220 Haliburton Street

Motion
That Council approve the amended Revitalization Tax Exemption Agreement for a proposed four -unit multi-family development at 220 Haliburton Street.
Sources
Agenda itemCity agenda
Staff reportPage 1
Purpose
To obtain Council approval to amend the Tax Exemption Agreement for a multi-family development at 220 Haliburton Street.
Staff recommendation
That Council approve the amended Revitalization Tax Exemption Agreement for a proposed four-unit multi-family development at 220 Haliburton Street.
DocumentsStaff report about Economic Development, Housing, Land Use & Urban Form

Questions and answers

Councillor Janice Perrino
Speaker identificationConfident
Yes

asked
Thank you very much, Councilor Prino. Thank you, you, worship. Questions through you to miss Manus. And I apologize if I've missed this somewhere in the report. I'm just. Wondering how long this developer, or the owner, I should say,
A. Manhas
Speaker identificationConfident
answeredEconomic Development Officer
has been working on this permit. Since February the fifth. That's when they sign the agreement. So they've been working. On it for about five months, I guess. Maybe even a little bit longer, but that's when they got the
followed up
agreement, so it's not that they've had this. For a
A. Manhas
Speaker identificationConfident
answeredEconomic Development Officer
year or two. Correct. It's a fairly small project, so it should go through pretty quickly. It's just four units. Yeah, it's not a huge investment. But. It is an important location in the downtown corps where we want to see some density and the owner understand that the one time on this particular project, and if they can't meet. This deadline, then. They forfeit the agreement. Okay. Thank you,