On Monday the City of Vernon declassified another resolution from the DARKSIDE as follows: "That Council direct the Manager of Finance to contact the Province to request reimbursement to the City of Vernon for the costs being downloaded on the City as a result of the New Assessment Class 3 -Supportive Living Property"
"AND FURTHER advises that the City of Vernon supports housing projects of this type by providing reduced costs through Development Cost Charges."
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Don Quixote Note: Below is a posting that may have been the source of this debate and decision from the DARKSIDE.
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I first posted this article on Supportive Housing Tax exemption on July 22.
Class 3 - Supportive Housing - funded and identified by the provincial government, a property which combines on-site support services with housing for persons who were previously homeless, at risk of homelessness, have mental or physical disabilities, or who are recovering drugs or alcohol addictions. (New class introduced in 2008).
A BC Assessment fact sheet with more information on the new classification for supportive housing is available here. Each year, the provincial Cabinet will approve the
eligible supportive housing properties. For more information about supportive housing properties, consult Order in Council 541/2008, which was deposited June 27, 2008.
There are 3 properties with a 20 assessment code for Vernon:
- 20-233-01365000 ($1,187,000)
- 20-233-01399000 ($380,600)
- 20-233-03596000 ($965,000)
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