Item - 2021.MA11.4

Tracking Status

This item was considered by Toronto Music Advisory Committee on November 23, 2021 and was adopted without amendment.

MA11.4 - Impact on Live Music Venues and Administration of the Creative Co-Location Facilities Property Tax Subclasses

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Committee Decision

The Toronto Music Advisory Committee:

1. Received the report (November 5, 2021) from the Interim General Manager, Economic Development and Culture for information.

Origin

(November 5, 2021) Report from the Interim General Manager, Economic Development and Culture

Summary

This report summarizes the impact of the Creative Co-Location Facilities Property Tax Subclasses for the Commercial, Commercial Residual and the Industrial property tax classes on live music venues. The report provides a summary on the 2021 applications; status of the current administrative process with a comparison from the previous year; details of the program, promotion and information on the locations, names and beneficiaries and summary of property tax reductions to performance venues as requested by City Council in Item CC21.4 at its meeting of May 28, 2020.

Background Information

(November 5, 2021) Report and Attachment 1 from the Interim General Manager, Economic Development and Culture on Impact on Live Music Venues and Administration of the Creative Co-Location Facilities Property Tax Subclasses
https://www.toronto.ca/legdocs/mmis/2021/ma/bgrd/backgroundfile-173032.pdf

Motions

Motion to Adopt Item moved by Mary An Blom (Carried)