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MEMORANDUM AUG 28 1978

TO: Mayor and Council August 24th, 1978

FROM: Alderman L.M. Traboulay

Further to our conference with the Provincial Minister of Municipal
Affairs and Housing, Mr. Hugh Curtis, I have prepared the following
resolution which if approved by Council should be submitted to the
Taxation and Assessment Cabinet Committee, our local M.L.A., Mr. Kerster,
to the Premier, Mr. Bennett, and to Mr. Curtis.

"WHEREAS it is generally accepted that the property tax is a regressive

form of taxation in that it tends to take a larger proportion of the
income cf a poor person than of a wealthy person;

AND WHEREAS there has been much dissatisfaction with the property taxes

in 1978 due to many factors including changes in the assessed value of
the property, no increase in the Home Owner Grant, increase in the tax

payable;

AND WHEREAS the Home Owner Grant is a good way to reduce the regressivity

of the property taxes;

BE _ IT THEREFORE NOW RESOLVED that this Council urge the Provincial

Government to increase the Homeowner Grant in order to assist the
property taxpayer in 1979."

L.M. Traboulay
Alderman