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The City of Port Coquitlam

MEMORANDUM

B. Kirk DATE: June 26, 1992
City Administrator

FROM: FIG Committee

SUBJECT: Permissive Tax Exemption - Non-profit Preschools
FIG meeting June 25/92

RECOMMENDATION

That Council’s policy on tax exemption be amended to grant tax exemption to Non-profit
Preschools.

BACKGROUND & COMMENTS:

This report was requested following a delegation from PoCo Happy Times Preschool
Society at a recent Council meeting.

Permissive tax exemptions are those which Council is empowsied to grant under sections
398 and in this instance section 400 of the Municipal Act. The granting of permissive
exemption by Council automatically removes that portion or whole property from the
assessment roll. The result is that the property is also exempted from taxation by other
rate setting bodies such as the Greater Vancouver Regional Districts as well as provincial

school taxes.

The neighboring municipalities of Coquitlam and Burnaby provide tax exemption to this
of use on the premise that these organizations provide a service which the

municipality would support and consider offering given sufficient resources to do so.

The two preschools that I am aware of who would qualify under the proposed policy are
the PoCo Happy Times Preschool Society at James Park Elementary and the Simon Fraser
Society for Mentally Handicapped operating at Cedar Drive Elementary. If the proposed
policy were in place for this year, these two organizations would not have been required to

pay some $4,288 in property taxes the City’s portion being $2,373.

Passage of the resolution will result in a bylaw, which would have to be passed by August
31/92 to be effective for 1993 property taxes, coming forward for Council consideration.
The bylaw would require a 2/3 majority to pass.

. Maitland, City Treasurer’ -
Deputy Administrator

Lae

JM/ms