Hotel and Motel Redevelopment RTE Bylaw Update
June 14, 2022 - Eric Beach, the City’s Current Planning Manager, presented Council with a report to introduce an updated revitalization tax exemption (RTE) bylaw proposal for hotel and motel redevelopment.
At the January 25 Regular Council Meeting, Council considered a proposed Hotel and Motel Redevelopment RTE Bylaw. Council rescinded the third reading of that proposed bylaw in order to include additional provisions.
Staff re-engaged the RTE Engagement Group and also reached out to Tourism Kamloops and the Kamloops Accommodation Association for comment. Ultimately, the RTE Engagement Group did not support the concept of adding new, stand-alone hotel/motel redevelopment to the bylaw due to previously stated position that a lack of housing in the community is more important than the need for new hotel rooms. Mixed-use includes hotel and motel in conjunction with multi-family residential.
Staff provided Council with three potential versions of the Hotel and Motel Redevelopment RTE Bylaw for consideration:
- Tax exemptions for Motel redevelopment as Multi-Family Residential or Mixed-Use
- Tax exemptions for Motel redevelopment as Multi-Family Residential, Mixed-Use, or for a New Hotel or Motel
- No Motel Redevelopment Revitalization Tax Exemption
Council authorized Option 1. This bylaw will be coming back to Council for adoption at a subsequent Regular Council Meeting.
View the report presented at the June 14 Council meeting and find background documents in the Document Library section of this web page.
The Revitalization Tax Exemption Review Project was completed on July 19, 2022, after Council adopted the final of four new/revised RTE bylaws.