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MattersFinanceFirst seen Feb 6, 2017

Metchosin boundary extension tax agreements

Approved

Tax-sharing agreements set how Langford, Metchosin and Beecher Bay share taxes from lands moving from Metchosin into Langford. The agreements specify Langford shares of 59⅔% for the Industrial Park lands and 60% for the Ridley land, with the remainder going to the other parties.

Where it stands: Tax-sharing agreements approved and signing authorized Feb 6, 2017.

Background

Earlier and later steps of the same initiative.

  1. Nov 21, 2016

    Regional Growth Strategy land transfer amendment

    The amendment would bring about 380 acres proposed for transfer from Metchosin into Langford’s regional urban containment and servicing area. This could allow servicing and business park development on the land and increase its taxation value.

Timeline

Every time this matter appeared in council records, newest first.

  1. February 6, 2017· Council

    Tax-sharing agreements for boundary extension approved

    Council approved tax sharing agreements for lands incorporated from Metchosin and authorized the Mayor and Clerk to sign the agreements.

    Decision: Approved tax-sharing agreements for lands from Metchosin and authorized Mayor and Clerk to sign.

    Passed

    Documents