Comox Avenue Local Improvements Taxation

Bylaw # 1407 establishes annual taxation to specific properties along Comox Avenue to repay $500,000 in debt incurred for a downtown revitalization project. Taxes are levied half as a frontage tax (at $7.19 per foot per year) and half on assessed value of property (with rates that vary annually with assessment - $0.5498 / $1,000 on business in 2015).

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