A Public Input meeting, for the 2006 Annual Report, PUBLIC INPUT to Convert Residential Rental Units to Strata Titled Properties and New Web page

http://www.vernon.ca/news/wftc/070909.pdf
A Public Input meeting, for the 2006 Annual Report, will be held on Monday, September 24th, 2007 commencing at 5:30 p.m., in the City Hall Council Chamber.

The purpose of the public input meeting is to provide the public with an opportunity for input on the City of Vernon’s Annual Municipal Report. This report includes information on the municipal objectives approved by Council for 2006 and includes a summary statement and a series of milestones, phasing, and requirements for anticipated completion of these objectives, as well as the City’s annual audited financial statements, list of tax exempt properties, and the annual remuneration of Council. If you with to review the 2006 Annual Report, it is posted on the City’s website at www.vernon.ca or you may attend City Hall and pick up a package. Questions relating to the Annual Report may be directed to Mr. Kevin Bertles, Manager, Finance, at 550-3550.
------------------------------
REQUEST FOR PUBLIC INPUT Approval to Convert Residential Rental Units to Strata Titled Properties
Currently Vernon Council has a policy in place indicating they will not approve the conversion of existing rental units in a residential building (of more than 4 units) to strata titled units if the rental vacancy rate (determined by CMHC) exceeds 2%. The current vacancy rate for rental units in buildings with 3 or more units is 0.9% therefore the strata conversion of existing buildings with more than 4 units will not be approved. Strata conversions do not apply to new buildings that have not been occupied for a specifi ed period. Such buildings can be strata titled without requiring Council approval. Council passed a resolution stating they will not consider strata conversion applications for sites with less than 5 units until they have received community input concerning the impact residential strata conversions have on rental housing. Council requests your input on whether the current policy should be revised, retained or repealed. Please submit your input prior to September 14th, 2007 and to the following: City of Vernon, 3400 - 31st Street, Vernon, BC V1T 5E6, Attn: Dale Rintoul, Planner. Fax: 545-5309, email: drintoul@vernon.ca, phone 550-3575.
-------------------
ATTENTION: VERNON DEVELOPERS
The City of Vernon is developing a web page just for Vernon developments. We wish to assist these developments by providing direct links to their websites from www.vernon.ca. With over 1.1 million hits a month this would assist the public and investors in locating and investigating your developments. If interested, please provide the development name, website and contact information to webadmin@vernon.ca. If you don’t have one, we will list your contact information in the absence of the website link.