Amount:

No Fixed Amount

Type of Program:

Tax Reduction


Description:

The Tax Assistance Program (TAP) provides a financial incentive in the form of a cancellation of Town property taxes for up to 3 years during and after the remediation and redevelopment of a brownfield property to help offset the costs of environmental site assessment and environmental remediation. The province of Ontario may also elect to participate with the cancellation of the education property tax for up to 3 years on a case by case basis as described below.

Comments on Funding:

Any Town property tax increase will be cancelled for up to three (3) years and any education property tax increase will be cancelled for up to three (3) years (subject to approval from the Ontario Ministry of Finance) after the passing of a by-law to cancel municipal and education property taxes on an eligible property, or up to the time when the total amount of municipal and education property tax assistance provided equals the total eligible program costs, whichever comes first.
In no case will the total amount of tax assistance provided for an eligible property exceed the total eligible program costs.


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • Applicants must be owners of properties and assignees within the Community Improvement Project Area (all lands within the Urban Area of the Town of Oakville) that meet the program eligibility requirements. 
  • TAP only applies to properties requiring environmental remediation and/or risk assessment/management, and requires the approval of the Provincial Ministry of Finance. 

Applications Steps:

Applicants must:

1

arrange a pre-application meeting with staff in order to determine program eligibility, proposed scope of work, project timing, etc..

2

complete and submit an application form, if authorized to apply for a grant. 

3

ensure that all required signatures have been provided and that the application is accompanied by all required documentation as specified by staff.

All property owners participating in this program will be required to enter into an Agreement with the Town which will specify the terms and conditions of the grant. The property shall be renovated, expanded, developed or redeveloped such that the amount of work undertaken is sufficient to at a minimum result in an increase in the assessed value of the property by the Municipal Property Assessment Corporation (MPAC) and an increase in property taxes. 

Documentation Needed:

Applicants must: 

  1. 1
    submit a Phase I ESA and also a Phase II ESA that shows that the property does not meet the standards under subparagraph 4i of Section 168.4(1) of the Environmental Protection Act to permit a Record of Site Condition (RSC) for the proposed use to be filed in the Environmental Site Registry;
  2. 2
    submit all other available environmental studies conducted on the property;
  3. 3
    submit a Remedial Work Plan or a Work Plan for Risk Assessment/Risk Management including a description of the proposed remediation, risk assessment/risk management actions to be taken, including the methods, approaches and technologies to be used;
  4. 4
    submit two (2) cost estimates prepared by qualified persons (as defined by the Environmental Protection Act and Ontario Regulation 153/04) for the proposed environmental remediation and risk assessment/risk management actions to be conducted on the property;
  5. 5
    submit a set of detailed architectural/design and/or construction drawings for the proposed development of the site;
  6. 6
    upon completion of remediation/risk assessment, file in the Environmental Site Registry a Record of Site Condition (RSC) for the property signed by a Qualified Person (QP), and the applicant shall submit to the Town proof that the RSC has been acknowledged by the Ministry of Environment (MOE);
  7. 7
    submit a Business Plan, with said Plan to the Town’s satisfaction, if required.

Drawings and as-built works must conform to the Town’s Guidelines, and appropriate reference material as determined by Town staff.

Other Things to Note:

  1. 1
    No deadlines found. For further information on this program, please contact Rajbir Sian in the Oakville Economic Development Department (905-845-6601, ext. 4201).
  2. 2
    Application can be made for the Tax Assistance Program or the Tax Increment Grant Program, or both programs. If you make application and are approved for both programs, the annual grant available under the Tax Increment Grant Program (as applicable) will commence once the tax assistance under the Tax Assistance Program ends.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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