Amount:
No Fixed Amount
Type of Program:
Tax Reduction
Description:
The Brownfields Property Tax Assistance program provides a grant in the form of a cancellation of part or all of the property tax increase during the "rehabilitation period" and the "development period" of a property.
Comments on Funding:
Offers a freeze of City property taxes on a brownfield property for up to three (3) years during and after remediation and construction. Property owners may also apply to the Province for a matching freeze of education property taxes for up to 3 years.
The total value of the tax assistance provided under this program shall not exceed total eligible costs.
This includes the eligible costs of:
When It Ends:
Ongoing
Deadline:
Rolling deadline
Eligibility:
Applicants must:
Applications Steps:
Applicants must:
submit an application to the City prior to the start of any remediation works to which the tax assistance will apply;
submit a Phase II ESA prepared by a qualified person 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) to be filed in the Environmental Site Registry;
All property owners participating in this program will be required to enter into an agreement with the City that will specify the terms, duration and default provisions of the tax assistance. All Brownfields Tax Assistance Program applications and agreements must be approved by Council or Council’s designate. Should the owner of the property default on any of the conditions in the by-law, the tax assistance provided (plus interest) will become payable to the City and Province.
Documentation Needed:
Applicants must submit:
- 1the application accompanied by a Phase II ESA, Remedial Work Plan or Risk Assessment prepared by a qualified person that contains:
- 2a Business Plan for redevelopment of the property (as applicable), with said Plan to the City’s satisfaction, if required.
- 3to the City proof that the RSC has been acknowledged by the Ministry of Environment (MOE). The owner shall file in the Environmental Site Registry a RSC for the property signed by a qualified person.
The property shall be rehabilitated such that the work undertaken is sufficient enough to result in an increase in the assessed value of the property.
Other Things to Note:
- 1No deadlines found. For further information on this program, please contact Greg Atkinson, Senior Planner, Planning Department at (519) 255-6543 ext 6582 or via e-mail at gatkinson@citywindsor.ca .
- 2This program is part of the Brownfield Redevelopment Community Improvement Plan.
- 3The owner of a brownfield may be a person, company, or organization, or the municipal, provincial or federal government. Besides, buying a brownfield and rehabilitating it might be of interest entrepreneurs.