April 22, 1991/100

NOW THEREFORE BE IT RESOLVED that the Provincial Government be requested to
correct this situation by taking action as follows:

1. That Section 26 of the Assessment Act be amended to expand the definition
of “eligible residential property” to include that portion of property
which is used for residential purposes even though the property ic 21lea
used for a business purpose, where the operator of the business resides on
the property;

That the Assessment Act or the Municipal Act be amended to provide for
either assessment averaging or the capping of property tax increases
resulting from increases in the assessed value, as proposed in the
“Financing of Local Government Study” and the “Report of the Property Tax
Forum" prepared by the Ministry of Municipal Affairs, Recreation And
Culture;

That the Assessment Act or the Municipal Act be amended to provide that
when assessed value is increased as a result of an error in assessment in
preceding years, that the increase in property taxes payable as a result
of the correction be phased in over a number of years, rather than payable
in its entirety in the first year;

That the “actual value as a farm" assessment provided for in Section 28 of
the Assessment Act in relation to land used for family farming operations
be extended to land held for family fishing operations.

Carried.

From the City Clerk, April 17th, 1991 regarding Latecomer Charge Waiver
Agreement for 1637/69/91 and 1711 Mary Hill Road. |

Moved by Alderman Keryluk:
Seconded by Alderman Talbot:

At the request of and pursuant to the Agreement with 382815 B.C. Ltd.
dated the 3rd day of April, 1991, BE IT RESOLVED that the works and services
described in the aforesaid Agreement and installed or to be installed by the
said 382815 B.C. Ltd. in connection with the development of the lands

described as:

PID 008-379-254
Lot 4, District Clot 342, Group 1, N.W.D., Plan 1330

PID 012-146-234
Lot 5, District Clot 342, Group 1, N.W.D., Plan 1330

PID 009~208-054
Lot 176, District Lot 342, Group 1, N.v.D., Plan 24865

PID 009~208-101 |
Lot 177, District Lot 342, Group 1, N.W.D., Plan 24865