Development of Heritage Neighborhoods (Granville, Yaletown, Chinatown, etc.)

[chowhou]

Originally Posted by Changing City

Class 8 doesn't just cover recreational property. It also includes land used by non-profit organizations. All places of worship, and meeting halls owned by fraternal organizations fall within Class 8, and pay taxes based on the Class 8 tax rate.

If there were two separate classes, it might allow the City to have a higher tax rate on the recreational properties, although I think there are also some privately owned recreational properties that pay taxes based on Class 8, and a higher tax rate would be an issue for those too.

Originally Posted by chowhou

Unless you can give me a compelling argument for all the class 8 land that we need to protect with tax incentives, you're out of luck here kid. Where are all the class 8 sites we want to give tax breaks to? Don't tell me you think the parks board pays property tax to the city.

I have to assume that your compelling argument is that you want to give tax breaks to churches and the freemasons. Great argument.