Review of tax exemption bylaw

Review of Revitalization Tax Exemption Bylaw No. 1018, 2012 was presented at the Oct. 18 District of Houston council meeting.

Review of Revitalization Tax Exemption Bylaw No. 1018, 2012 was presented at the Oct. 18 District of Houston council meeting.

As stated in the bylaw, the purpose of this program is to give exemptions to businesses that are fostering economic growth and community revitalization by providing an incentive to owners of eligible commercial and industrial lands to invest in improvements to their lands in order to increase capacity productivity and employment levels in the District of Houston.

This bylaw is set to expire Oct. 31, 2016. Currently there are five property owners that were granted exemption under this bylaw, and they will still be able to claim tax exemption as long as their agreement hasn’t expired or been violated.

“Any approved tax exemptions which were granted over the course of the bylaw will continue to be provided, so long as their exemption has not passed the five year expiry limit or breached the tax exemption agreement. No submissions may be received until after a new bylaw has been adopted to replace this bylaw,” commented Gerald Pinchbeck, Chief Election Officer and Corporate Services Officer for the District of Houston.

It was recommended that council let the bylaw expire and replace it following the selection of an individual to fill the vacant director of finance position.

However, there was some concerns about the length of time this may take and how that might affect new business.

“We’re hoping that at some point in time someone will come and open a grocery story, [and my concern is] depending on what we do and what route they want to go, would this not be a deterrent should somebody come along with the intention to renew it?” commented councillor Rick Lundrigan.

At the meeting council agreed to let the bylaw expire with the intention to amend it immediately instead of waiting to fill the vacant Director of Finance position, in case this would be an incentive for the next potential grocery store.

As directed by council, on Nov. 1, 2016 staff will present a bylaw to extend the term of the tax exemption.

 

Just Posted

New transit service to connect Terrace with the Hazelton area

New transit services will start running on Nov. 20, 2017

Search ends for Frances Brown

Smithers RCMP announce end to search for Brown, who went missing mushroom picking Oct. 14

RCMP officer cleared in Prince George arrest

A suspect’s leg was fractured in 2015 incident

Safe grad 2017 raises $520

SAFE GRAD FUNDRAISER Houston secondary students pump gas and wash windows at… Continue reading

Age and disability friendly sidewalk expansion begins

Construction to expand the sidewalk on the north side of Houston, between… Continue reading

VIDEO: ‘Lyle the singing pig’ searching for home

SPCA say the pig is ‘not opera-ready’

B.C. NDP convention set for Victoria

Premier, federal leader Jagmeet Singh to add energy

Silver Creek farm search expands north

RCMP were seen collecting evidence three kilometres north of the farm where human remains were found

B.C. school trustee calls LGBTQ school program ‘weapon of propaganda’

Chilliwack’s Barry Neufeld published the comments on his Facebook page

B.C. couple hope boat drone becomes first to cross Atlantic

Colin and Julie Angus of Victoria to have drone collect environmental data en route

B.C. casino accused of illegal activity follows rules: operator

B.C. had launched review after concerns about money laundering at River Rock casino in Richmond

Opponents of LGBTQ program to file human rights complaint against Surrey School District

District denied Parents United Canada right to rent Bell Performing Arts Centre for rally next month

Ex-employee describes alleged sexual assault by B.C. city councillor

Complainant was a teen during the alleged 1992 incident

Amazon gets 238 proposals for 2nd headquarters

Submissions were due last week. Online retailer has said tax breaks and grants would be factors

Most Read