Downtown Revitalization Tax Exemption
Downtown Revitalization Tax Exemption
The Downtown Courtenay Revitalization Tax Exemption Bylaw No. 2937 [PDF - 1 MB] has been established to provide owners with an economic incentive in the form of a tax exemption to undertake the development of new improvements and to promote the revitalization of Downtown Courtenay through:
- The development and redevelopment of buildings used for residential purposes to increase the population density in downtown Courtenay to support commercial success;
- The development and redevelopment of commercial buildings to create a vibrant downtown that attracts new investment opportunities and supports increased residential viability;
- To reinforce and strengthen downtown Courtenay as the commercial heart of the Comox Valley.
The follwing application form includes a detailed guide, eligiblity criteria and a list of required application submissions. Please contact Planning staff prior to submitting an applicaiton to ensure the