DocumentsStaff ReportFeb 6, 2017Page 1
Staff Report to Council — Tax Agreement re Boundary Extension
Cover staff report (dated February 6, 2017) recommending Council approve tax sharing agreements related to a boundary extension and authorizing Mayor and Clerk to sign; attachments include two agreements (Reconciliation and Boundary Adjustment).
Key facts
- Date: February 6, 2017
- Attachments: 2 Agreements (Reconciliation and Boundary Adjustment)
- Recommended motions: (1) approve tax sharing agreements and direct Mayor and Clerk to sign, or (2) not sign
- Tax split summary noted: Industrial Park lands — Langford 59 2/3%, Beecher Bay 33 1/3%, Metchosin 7%; Ridley land — Langford 60%, Metchosin 40%
- Submitted by: Jim Bowden, CAO; Concurrences from Planning, Land Development, Finance
Staff Report to Council — Tax Agreement re Boundary Extension
2nd Floor · 877 Goldstream Avenue · Langford, BC Canada · V9B 2X8
T · 250-478-7882 F · 250-478-7864
Date:
February 6, 2017
Department:
Administration
Subject:
Tax Agreement re Boundary Extension
Background
Staff have been working with Metchosin and Beecher Bay Nation on an agreement that would have lands from Metchosin incorporated into Langford. The required elector assent has now been obtained from both Langford and Metchosin. One of the next steps in the process is to sign off on a tax sharing agreement for the lands being incorporated into the City of Langford from Metchosin. Staff and our City solicitor have been working with Beecher Bay and Metchosin to develop an agreement that all are comfortable with.
The attached agreements have been reviewed by the staff and solicitors of all three participants and are now being forwarded for approval. The tax agreement provides for tax sharing of the Municipal portion of taxes with Langford receiving 59 2/3 percent of the taxes, Beecher Bay 33 1/3 percent and Metchosin receiving 7 percent for the proposed Industrial Park lands and a 60% Langford and 40% Metchosin split for the Ridley land being incorporated into Langford.
Options
That Council:
That Council approve the tax sharing agreements and direct Mayor and Clerk to sign the agreements; OR
That Council not sign the proposed agreements.
Respectfully Submitted,
Submitted by:
Jim Bowden, CAO
Concurrence:
Matthew Baldwin, MCIP, RPP
Director of Planning
Concurrence:
Brent Molnar, Manager of Land Development
Concurrence:
Steve Ternent, Director of Finance
:JB
Attachment (2 Agreements - Reconciliation and Boundary Adjustment)