Item - 2021.MM38.34

Tracking Status

MM38.34 - Amending Definition for Small Business Property Tax Subclass to Clarify Eligibility - by Councillor Gary Crawford, seconded by Councillor Brad Bradford

Decision Type:
ACTION
Status:
Adopted
Wards:
All

City Council Decision

City Council on December 15, 16 and 17, 2021, adopted the following:

 

1.  City Council amend City of Toronto Municipal Code Chapter 767, Taxation, Property Tax, Article 12, Small Business Subclass, to amend the eligibility criteria to more clearly define the geographic areas that determine whether a property is eligible to be included in the Small Business subclass based on square footage, by deleting the wording in Section 767-12.3A (2)(a):

 

a. The Eligible Property is located within the geographic areas identified in the City of Toronto Official Plan as Downtown and Central Waterfront, Avenues or Centres; and

 

And replacing it with:

 

a. The Eligible Property is located within the geographic areas identified as Downtown and Central Waterfront, Avenues or Centres on the map titled: Designated Areas for the City of Toronto Small Business Subclass attached as Appendix 1 to this Chapter; and

 

2.  City Council authorize the introduction of the necessary Bills in Council to give effect to City Council's decision.

City Council Decision Advice and Other Information

City Council reopened Item EX27.7 only as it pertains to the identification of geographic areas to be used to determine eligibility.

Background Information (City Council)

Motions (City Council)

Motion to Waive Notice (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, need to be waived to permit introduction of Motion MM38.34. A two-thirds vote of Council Members present is required to waive notice.


Motion to Re-open Item (Carried)

Speaker Nunziata advised Council that consideration of Motion MM38.34 requires a re-opening of Item EX27.7 (November 9,10 and 12, 2021 City Council). A two-thirds vote of the Council Members present is required to re-open the Item.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council