Consideration of New Permissive Tax Exemption

That Council award a Permissive Tax Exemption for the 2022 taxation year to the Loaves and Fishes Community Food Bank Society for the portion of the property that it leases from the City of Nanaimo at 1861 East Wellington Road that is utilized for charitable activities, commencing with the 2022 taxation year and to be reviewed annually until the property is fully utilized for charitable purposes by Loaves and Fishes.