C2016-0240

That the Administration Recommendations contained in Report C2016-0240 be adopted, as follows: That Council: 1. Give three readings to the proposed Property Tax Bylaw 20M2016 (Attachment 3) for a combined property tax rate increase of 6.1% for residential (3.5% for municipal purposes and 10.2% for provincial purposes) and 3.8% for non-residential properties (3.5% for municipal purposes before the 2016 transfer of business tax revenues and 4.6% for provincial purposes); 2. Give three readings to the proposed Machinery and Equipment Property Tax Exemption Bylaw 21M2016 (Attachment 4); and 3. Give three readings to the proposed Rivers Community Revitalization Levy Rate Bylaw 22M2016 (Attachment 5).