pent The Corporation Office of the Mayor District Municipal of the District of Marilyn Baker Hall North Vancouver 355 West Queens Road Box 86218 North Vancouver, B.C. Tyern——nooz e ASE North Vancouver Tel. (604) 987-7131 anne.) British Columbia Fax (604) 984-9637 , V7L 4K1 October 28, 1988 The Hon. Mel Couvelier Minister of Finance and Corporate Relations Parliament Buitdings Victoria, B.C. V8V 1X4 Dear Mr. Minister: Re: 1989/96 Residential Property Assessments i am writing to apprise you of the concerns of our Council as expressed at the October 17 meeting during our consideration of the October 13 report of our Director of Financial Services, a copy of which is attached. The discussions resulted in passage of the following resolution: "THAT the Mayor, along with appropriate District staff, approach the Provincial Government to investigate the possible imposition of a ‘cap’ for 1989 and 1990 residential property assessments similar to that for major industrial; AND THAT the other municipalities within the Greater Vancouver Regional District that are experiencing similar increases be requested to support this action." We are concerned about a significant redistribution of the tax load within the residential category all in one year and ask that the same consideration be given to residential taxpayers as was afforded the major industrial category. Kind regards, Yours very truly Marilyn Bak MAYOR MB/me CLM: 611 cc: Hon. Angus Ree, Solicitor General Hon. Jack Davis, Minister, Energy, Mines and Petroleum Resources All G.V.R.D. Municipalities 2d