This section provides information around current notices of disposition by the City, Official Community Plan (OCP) Amendments, Zoning Amendments, Bylaw Amendments and other required advertising as legislated by the Community Charter. Information in this section changes regularly, so please check back often for the latest.
Notice is hereby given that the Municipal Council of the Corporation of the City of Cranbrook, pursuant to Section 94 and 226 of the Community Charter, intends to amend "City of Cranbrook Downtown Revitalization Tax Exemption Bylaw No. 3746, 2012".
The proposed amendment will extend the program end date from October 31, 2020 to October 31, 2021 and change outdated staff and department title references.
The reason for the tax exemption bylaw is to encourage revitalization of the downtown core in the City in consideration of the lack of residential uses within the general downtown area that discourages business growth due to a lack of customers. The tax exemption bylaw is intended to assist in achieving the City’s objectives of encouraging new investment in the revitalization area to enhance the economy, bring more residents to live in the downtown and to make the downtown more appealing to both residents and visitors.
The objectives for the program enabled by the Bylaw include:
- Encourage new commercial investment in the downtown core to enhance the local economy
- Encourage the development of mixed use commercial / residential to promote a more vibrant downtown by adding a residential population that supports local businesses
- Encourage downtown businesses to enhance or redevelop their interiors and exterior facades adding to the beautification and visual interest in the downtown core
The Revitalization Tax Exemption program applies to properties zoned C-1, Community Commercial Zone, C-2, Highway Commercial Zone and the C-5, Shopping Centre Zone, as defined in City of Cranbrook Zoning Bylaw No. 3737, 2012, as amended from time to time, within the area identified on the map in Bylaw 3746, 2012.
The types of activities, qualifying threshold values, amounts of exemption, and maximum term for a Tax Exemption are not being amended.
The maximum term of a Tax Exemption shall be 5 years subject to issuance of a Tax Exemption Certificate by the Director of Finance & Computer Services.
A copy of the proposed bylaw "City of Cranbrook Downtown Revitalization Tax Exemption Amendment Bylaw No. 4023, 2020" may be inspected between the hours of 8:30 a.m. and 4:30 p.m., Monday through Friday, excluding holidays, from October 26, 2020 up until November 9, 2020 at City Hall, 40 – 10th Avenue South Cranbrook BC.