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"City of Calgary Rivers District Community Revitalization Levy Regulation "

City of Calgary Rivers District Community Revitalization Levy Regulation

This regulation establishes the Rivers District Area as a community revitalization area, and allows the city to place a community revitalization levy against any incremental assessment growth for the 20 year duration of the regulation, on properties within this District. The program provides a tax subsidy to the municipality in the form of education property taxes. The regulation sets out the assessment and tax framework for implementing the community revitalization levy. The revenue raised by this levy is used to pay for public infrastructure, servicing and other costs associated with the revitalization.
 
    Chapter/Regulation: 232/2006
    Status: Office Consolidation
    Related Act
    Ministry Responsible: Municipal Affairs
    Current to 181/2016
    Item/ISBN#: 9780779793969
    Regulation-Making Authority: Order In Council
    Pages 8
    View PDFView PDF
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