Wellington North Considers Tax Change On Vacant StorefrontsJanuary 23, 2018 4:06am
Wellington North wants to encourage owners of vacant storefronts to fill them up.
In the past, owners of vacant commercial-industrial properties were eligible for a 30% tax reduction.
But Councillor Lisa Hern says the tax reduction only encourages the properties to remain vacant.
Council agrees that if property owners are not showing a real effort to rent out their commercial-industrial buildings, they can be denied the tax reduction.