DocumentsStaff ReportOct 7, 2024Pages 38–39
Staff Report to Council - City of Langford Permissive Tax Exemptions Bylaw – Amendment #1
Report recommending amendment to the permissive tax exemption bylaw to add the Goldstream Masonic Hall Association property at 2832 Bryn Maur Rd to the exemption list.
Key facts
- Original Bylaw No. 2147 adopted Oct 23, 2023 to permit exemptions for 2024–2027
- Application received June 6 for Goldstream Masonic Hall Association relocating to 2832 Bryn Maur Rd
- Council may exempt properties by bylaw adopted on or before October 31 pursuant to Community Charter s.224
- Recommendation: give 1st–3rd readings to Bylaw No. 2147 Amendment No.1 (Bylaw No. 2207, 2024)
Staff Report to Council - City of Langford Permissive Tax Exemptions Bylaw – Amendment #1
t 250.478.7882
e administration@langford.ca
2nd Floor, 877 Goldstream Avenue
Langford, BC V9B 2X8
DATE
Monday, October 7, 2024
DEPARTMENT
Finance
SUBJECT
City of Langford Permissive Tax Exemptions Bylaw – Amendment #1
EXECUTIVE SUMMARY
At the October 23, 2023, Regular Council Meeting, Council adopted City of Langford Permissive Tax Exemption Bylaw No. 2147, 2023 to permit Permissive Tax Exemptions for four years, 2024 through 2027, inclusive.
On June 6th, the City received an application for Permissive Tax Exemption from the Goldstream Masonic Hall Association in relation to the building that is currently being constructed at 2832 Bryn Maur Rd.
BACKGROUND
For many years the City of Langford provided a Permissive Tax Exemption to the Goldstream Masonic Hall Association for their location at 679 Goldstream Avenue. In 2022, the City of Langford purchased 679 Goldstream Avenue for the purposes of expanding Veterans Memorial Park. The Masonic Hall will be relocating to 2832 Bryn Maur Rd and as such the Goldstream Masonic Hall Association is applying for a Permissive Tax Exemption for the new location.
FINANCIAL IMPLICATIONS
It is worth noting that while the City would otherwise receive property tax revenue from this property, should the City authorize the permissive exemption, it does not mean less taxation revenue would be collected by the City. Rather, the amount that would have otherwise been collected from this property would be collected from the rest of the taxable properties in the City.
LEGAL IMPLICATIONS
Council may exempt properties from taxation by bylaw adopted on or before October 31, in accordance with section 224 of the Community Charter. Proper advertisements will be made prior to adoption of the bylaw.
OPTIONS
Option 1
THAT Council give first, second and third reading to City of Langford Permissive Tax Exemption Bylaw No. 2147, Amendment No. 1, Bylaw No. 2207, 2024.
OR
Option 2
THAT Council not proceed with City of Langford Permissive Tax Exemption Bylaw No. 2147, Amendment No. 1, Bylaw No. 2207, 2024.
SUBMITTED BY
Michael Dillabaugh, CPA, CA, Director of Finance
Concurrence:
- Melisa Miles, Manager of Legislative Services
- Donna Petrie, Senior Manager of Communications & Economic Development
- Yari Nielsen, Director of Parks, Recreation and Facilities
- Matthew Baldwin, RPP, MCIP, Director of Development Services
- Leah Stohmann, RPP, MCIP, Director of Community Planning and Climate Change
- Katelyn Balzer, P.Eng., Director of Engineering and Public Works
- Braden Hutchins, Deputy Chief Administrative Officer
- Darren Kiedyk, Chief Administrative Officer
Document Images
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