THE CORPORATION OF THE CITY OF PORT COQUITLAM C ¢ Uj iy 4 MEMORANDUM MAR 23 1933 TO: R.A. Freeman DATE: March 22, 1983 acting ‘City Administrator FROM: W. Brown Directyr of Comnunity Planning SUBJECT: Downtown Revitalisation District RECOMMENDATION: THAT. City Council a dopt the Downtown Revitalisation District Boundaries as shown on the map attached to this report. AND THAT City Council direct the Clerk's office to prepare a bylaw designating downtown as'a City initiated Specified Area for improvements recommended in the Downtown Revitalisation report. ; _ AND. THAT City Council direct the Clerks! office to prepare the Specified Area'bylaw to provide for. taxing property-.and improvements which are normally: exenpt, eg. City owned land. within the area. ee AND THAT City Council direct the Treasury Department indicate on. notices to property owners' ‘of’ land within the proposed area, their: tax levy Will vary depending of the mill Mo . Tate set annually. | 7 BACKGROUND: The Downtown Businessmen's Committez, Downtown Revitalisation Committee at their last meeting decided upon a boundary for the Specified Area District. In reviewing that map subsequent to the.connittee meeting City staff have made several improvements to the Specified Area as shown on the map attached to this 1) In discussing the Specified Area Proposed by’ the Downtown Merchants several aspects were exanined. Those aspect are; firstly, the shape of the boundery, including the rationale '.for.including some lands while excluding others. The second area of interest was nethod of implementing the Specified Area, ie. City initiated versus petitioned.