{"id":4497,"date":"2013-11-06T14:08:22","date_gmt":"2013-11-06T19:08:22","guid":{"rendered":"http:\/\/www.newspapers-online.com\/auroran\/?p=4497"},"modified":"2013-11-06T14:08:22","modified_gmt":"2013-11-06T19:08:22","slug":"community-improvement-plan-draft-targets-tax-breaks-and-relief","status":"publish","type":"post","link":"https:\/\/www.newspapers-online.com\/auroran\/community-improvement-plan-draft-targets-tax-breaks-and-relief\/","title":{"rendered":"Community Improvement Plan draft targets tax breaks and relief"},"content":{"rendered":"<p><strong>By Brock Weir<\/strong><\/p>\n<p>Tax breaks, relief, and support to help you spruce up properties could all be part of Aurora\u2019s new Community Improvement Plan (CIP).<\/p>\n<p>Councillors will consider a multi-level plan later this year to provide tax relief, incentives, and other support as part of the CIP to foster, support, and improve businesses and commercial properties along Yonge and Wellington Streets. <\/p>\n<p>Improving, stimulating, and redeveloping Aurora\u2019s Downtown Core has been debated for well over a decade, and the message received last week by Aurora\u2019s Economic Development Advisory Committee (EDAC) was if anything is to be done, some money needs to be put on the table. <\/p>\n<p>\u201cThe development of a CIP for the Aurora Promenade is intended to complement a broader municipal planning initiative for sustainable growth management, economic development and community renewal in Town via the revitalization of Aurora\u2019s historic and urban landscape,\u201d said consultants from Sierra Planning and Management. <\/p>\n<p>While separate plans for the Aurora Promenade have introduced concepts for uniformity for new buildings and consistent street furniture, all with an eye of making sure things are \u201cwalkable\u201d for the community, last week\u2019s meeting focused on incentives Aurora can provide property owners to hold up their end of the bargain so Downtown Aurora is all it can be. <\/p>\n<p>The first initiative is a grant program to help property owners improve and replace their facades and signage. The proposed program is limited to improvements and upgrades to street fronts, but in some cases, such as buildings on prominent corners, could also apply to multiple sides of the building. <\/p>\n<p>It entails a matching grant of up to 50 per cent of costs up to a maximum grant of $15,000.<\/p>\n<p>\u201cThese meet the objectives\u2026to enhance the aesthetic feel of downtown,\u201d said consultant Jonathon Hack. \u201cFa\u00e7ade and signage grants, as long as they are well-funded, can have a good effect. This has to be an improvement to the whole look of the building. If [the applicant] goes and gets other public funds, you should have the right not to provide 50 per cent of those costs.\u201d<\/p>\n<p>During the meeting, committee members questioned whether such programs should apply to businesses on streets shooting out from Wellington or Yonge Street such as Temperance. The consultants said it is going to be up to Council set the limits. <\/p>\n<p>The second program considered was a \u201cBuilding Restoration, Renovation and Improvement Program\u201d which targets \u201cenhanced use of second floors of commercial premises\u201d and other improvements to buildings, preparing them for a new use. <\/p>\n<p>The proposal includes a secured, interest-free maximum loan of $40,000 per property. Conditions on such loans would be established by Council, but at its base is the objective to \u201cpromote the Town\u2019s oldest commercial building stock.\u201d Eligible costs would include things like building works itself, to labour and insurance.<\/p>\n<p>Additional incentives to redevelop properties include a grant to reimburse development charges up to 75 per cent or $100,000, whichever is less, for commercial development projects, and a Heritage Property Tax Relief Program which would provide up to 40 per cent relief in property taxes for heritage property owners. <\/p>\n<p>\u201cAurora is unlike many communities in that you have a stock of heritage properties,\u201d said Mr. Hack. \u201cI am less convinced about this program. You don\u2019t want to set a precedent that if you have heritage we\u2019ll reduce your taxes by 20 per cent. That could happen ad infinitum.\u201d<\/p>\n<p>The proposed relief, however, would be limited to designated heritage properties and those in Heritage Conservation Districts, in which Aurora has one and one further in the works. <\/p>\n<p>Mr. Hack stressed numbers outlined in the draft plan are strictly guidelines. Towns are loath to restrict themselves, he said.  <\/p>\n<p>\u201cIf you can provide a $300,000 rolling fund, you could spend $200,000 in year one and you\u2019ll have $100,000 you can roll into the next year for a limited period of five years,\u201d he said. \u201cThat is the amount of funding I think is realistic for this program.\u201d<\/p>\n<p>That $300,000 rolling fund, pointed out Councillor Michael Thompson, could represent a 1 per cent tax increase on residents, if it is funded from operating funds. Nevertheless, consultants suggested it might be a worthwhile investment.<\/p>\n<p>\u201cYou might find [up to] $600,000 is generated in the applications themselves. Yes, you are putting the burden on some of the people who aren\u2019t going to be taking advantage of this, but the reason you\u2019re doing this in the first place is we believe a viable, functioning downtown is good for everyone\u2019s assessed value in terms of the growth of the community, let alone the services you get,\u201d said Mr. Hack, noting that cases have shown that each municipal dollar in these programs have the potential to return more than threefold.<\/p>\n<p>Added Mayor Geoffrey Dawe: \u201cA rising tide floats all boats.\u201d<\/p>\n<p>Others at the meeting, including Councillor John Abel, suggested more was needed than simply sprucing up the streetscape.<\/p>\n<p>\u201cWe have got to figure out a way of getting the community down there,\u201d he said. \u201cYou can paint everything, but does that mean everyone is going to come?\u201d<\/p>\n<a class=\"synved-social-button synved-social-button-share synved-social-size-24 synved-social-resolution-single 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