3.03.2009

Finance Committee Update

Happened to glance at the decisions from today's Finance Committee meeting and thought I'd pass them on....

Looks like the requested taxi fare increase is being referred back to city administration who'll prepare a report for the April 7 meeting.

Also, the committee is recommending 5-year tax exemption status be granted to two condominium complexes in the Warehouse District -- one at 1708 8th Ave and the other at 1275 Broad Street. This decision will be considered at the March 9 city council meeting.

For the record, as I read it, the tax exemption program for condominiums in the Warehouse District is meant to encourage the development of residential units in that area and to encourage the preservation of heritage buildings.

4 comments:

The Mouth Journal said...

Obviously, the conversion of an empty heritage building-that Regina developers would otherwise dream of knocking down to erect a parking lot or strip mall-into a residential complex is something everyone can get behind.

Rental apartments into condos=bad, lazy, greedy call; empty heritage structures into condos=good call.

Paul Dechene said...

Absolutely.

Now I just wish we could start applying that tax exemption status to encourage other things this city need. For instance, how about 5-year tax exemption to anyone who wants to start up a tiki bar?

observer said...

yes, how about a tax exemption for people who build homes in old area like Cathedral, Transitional area if the homes are built congruent with with early architectural styles

a good example of this is on the south-west corner of the intersection of Victoria Ave and 20 block Robinson

there are plenty of horrible looking new houses elsewhere in Cathedral - a tax exemption could the heritage look of an area, and limit the cookie cutter new houses

congruent architectural styles are legislated in other cities in other parts of the world

Paul Dechene said...

Don't get me started on the ugly, out-of-place houses in Cathedral. Take for instance the apartments on Rae near 13th. What were people thinking in the 60s when they built those eyesores? And now these same buildings are being turned into condos. (Yeah. Good investment, that.) Of course, I can rag on 60s modernism all I like, but there's one current developer in Regina who seems fixated on these beige-stucco, front-to-back duplexes that are surrounded by chain link fences. Ugly with a capital UG. And he's still building them.

Sorry.... Am I ranting?