BYLAW - Provide Tax Reduction Aurora Promenade CIP - 20170711 - 599817The Corporation of the Town of Aurora
By -taw Number 5998-17
Being a By-law to provide tax reductions or refunds in respect of
eligible heritage properties within the
Aurora Promenade Community Improvement Plan.
Whereas subsection 365.2(1) of the Municipal Act, 2001, S.O. 2001, c. 25, as amended
(the "Act") states that a local municipality may establish a program to provide tax
reductions or refunds in respect of eligible heritage property;
And whereas on March 18, 2014, the Council of The Corporation of the Town of Aurora
enacted By-law Number 5598-14 to adopt a Community Improvement Plan (the "Aurora
Promenade Community Improvement Plan");
And whereas Heritage Property Tax Relief Program (Program 5) is an incentive
program offered through the Aurora Promenade Community Improvement Plan, as
provided for under section 365.2 of the Act (the "Heritage Property Tax Relief
Program");
And whereas subsection 365.2(3) of the Act states that the amount of the tax reduction
or refund provided by a local municipality in respect of an eligible heritage property must
be between 10 and 40 per cent of the taxes for municipal and school purposes levied on
the property that are attributable to, (a) the building or structure or portion of the building
or structure that is the eligible heritage property; and (b) the land used in connection
with the eligible heritage property, as determined by the local municipality;
And whereas subsection 365.2(4) of the Act states that in a by-law under this section,
the local municipality, (a) must specify a percentage that satisfies the requirements of
subsection (3) of the Act that will be used in calculating the amount of the tax reduction
or refund to be provided in respect of eligible heritage properties;
And whereas the Council of the Town deems it necessary and expedient to establish
the Heritage Property Tax Relief Program as a means of encouraging the
enhancement, restoration and/or preservation of heritage properties for
commercial/commercial mixed uses;
Now therefore the Council of The Corporation of the Town of Aurora hereby enacts
as follows:
1. The Heritage Property Tax Relief Program be and is hereby established and is
subject at all times to the availability of funding.
2. The amount of the tax reduction or refund provided by the Town in respect of an
eligible heritage property be 40 per cent of the taxes for municipal and school
purposes levied on the property that are attributable to,
(a) the building or structure or portion of the building or structure that is the
eligible heritage property; and
(b) the land used in connection with the eligible heritage property, as
determined by the Town.
By-law Number 5998-17 Page 2 of 2
3. In order to determine eligibility for the Heritage Property Tax Relief Program, the
Town may enter upon the eligible heritage property. The owner shall consent to
the inspection of the eligible heritage property, as and when deemed necessary
by the Town to inspect.
4. The Heritage Property Tax Relief Program shall be administered in accordance
with Program 5 of the Aurora Promenade Community Improvement Plan and the
Act.
5. Within thirty (30) days of this passing of this By-law, the Town Clerk shall provide
notice to the Minister of Finance, the Regional Municipality of York and the
Ministry of Culture.
Enacted by Town of Aurora Council this 11th day of July, 2017.
Dawe, Mayor
Mic ael de Rond, Town Clerk