View Single Post
  #1036  
Old Posted Jul 2, 2011, 4:16 AM
fenwick16 fenwick16 is offline
Honored Member
 
Join Date: Feb 2007
Location: Toronto area (ex-Nova Scotian)
Posts: 5,558
Only heritage buildings along Barrington Street are eligible for tax credits as stated in this document - http://www.halifax.ca/capitaldistric...s18Mar2010.pdf. Quote - "Only those buildings listed on Map 1 of the Barrington Street Heritage Conservation District Revitalization Plan are eligible for funding through the Financial Incentives Program.". Map 1 that is referred to in the quote is shown on page 11/77 of this document - http://www.halifax.ca/capitaldistric...ingtonPlan.pdf .

I think that the Barrington Street tax incentives program is a great idea, except it would be better to have it applied to all heritage buildings in the HRM. It would be especially beneficial to also apply it to the Waterside project. In the case of the Waterside project, it will eventual result in a large increase in the assessed tax value of the buildings so the municipality will more than recover its investment in the long run. Although the Waterside is a renovation with a substantial alteration instead of a restoration, the NFB project will also be a substantial alteration and it will receive tax incentives.
Reply With Quote