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

CN train derails near New Hazelton

CN reports no injuries or dangerous goods involved

Houston introduces Change program

Program offers lifestyle intervention to patients with metabolic syndrome

Nearly $500,000 available for internships with First Nations government

Funds announced through partnership with Northern Development and Government of Canada

Property sales up in Houston in 2017

Average selling price of single-family homes has also increased

Alexandra Park, undeveloped wonderland

Alexandra Park is located behind the Houston Leisure Facility at the end… Continue reading

B.C. cougar kitten rescued after mother struck by vehicle

Conservation Officers find home for young kitten found dehydrated and frostbitten near Williams Lake

Two Canadians, two Americans abducted in Nigeria are freed

Kidnapping for ransom is common in Nigeria, especially on the Kaduna to Abuja highway

Are you ready for some wrestling? WWE’s ‘Raw’ marks 25 years

WWE flagship show is set to mark its 25th anniversary on Monday

B.C. woman who forged husband’s will gets house arrest

Princeton Judge says Odelle Simmons did not benefit from her crime

Women’s movement has come a long way since march on Washington: Activists

Vancouver one of several cities hosting event on anniversary of historic Women’s March on Washington

Liberals’ 2-year infrastructure plan set to take 5: documents

Government says 793 projects totalling $1.8 billion in federal funds have been granted extensions

Workers shouldn’t be used as ‘pawns’ in minimum wage fight: Wynne

Comments from Kathleen Wynne after demonstrators rallied outside Tim Hortons locations across Canada

John ‘Chick’ Webster, believed to be oldest living former NHL player, dies

Webster died Thursday at his home in Mattawa, Ont., where he had resided since 1969

World’s fastest log car made in B.C. sells for $350,000 US

Cedar Rocket auctioned off three times at Barrett-Jackson Co., netting $350,000 US for veterans

Most Read