Incentive Programs

Prepared By:  Derek Young

Effective Date:  February 20, 2018

Policy Name: Community Improvement and Infill Program

Policy Number:  18/02/18

Council Approval Date:  February 20, 2018

Council Resolution No.: 18/02/18

Policy Statement:

The purpose of this policy is to encourage the development of new residential dwellings within existing residential districts in the Town of Vermilion. The intent of this program is to provide an incentive for the demolition of one old residential dwelling and the construction of one new residential dwelling.

1. Length of Program - The appropriate demolition/development permit must be approved on or before December 31.
2. The tax cancellation is on the municipal portion of property taxes only and does not include local improvements or education taxes. The tax cancellation applies to improvement taxes only calculated on the difference of the improvement assessed prior to and after completion of the development.
3. All developments must conform to the Land Use Bylaw and other applicable regulations.
4. The period of tax cancellation will be for the year following the year that construction is completed. Subject to Council having to approve the tax cancellation on each affected property on a yearly basis, the period of tax cancellation shall be one (1) year in the case of a qualifying demolition or removal and new construction. Construction of a new dwelling must commence within 24 months after the demolition. If the property is sold as a vacant lot to another party they are no longer eligible for the incentive.
5. Accessory buildings are eligible if construction occurs within the same time period as the qualifying new construction.
6. Additions, expansions or renovations are not eligible for this program.
7. Accessory buildings as a stand alone project are not eligible for this program.
8. For the year the tax cancellation is being considered by Council the total current taxes levied less the proposed municipal tax cancellation shall be paid by July 15 of that year or the tax cancellation being considered will not be provided regardless of whenever after they are paid.
9. For the purposes of this program, a qualifying demolition is considered to occur only in those cases where an existing residential dwelling is demolished or removed for the purpose of constructing a new residential dwelling on the site.
10. All eligible development must be of a permanent nature.
11. Failure by the applicant to comply with any of the regulations herein may result in disqualification of the applicant from the program.
12. Subject to annual review by Council.

Eligible Residential Properties

 1. All residential demolitions or removal for the purpose of new residential construction except for:

a)  RMH1, RMH2 or DC1 district lots (Residential Manufactured Home)

b)  any accessory building or addition, expansion or renovation.

 2. In order to qualify for the program, the new improvement must be assessed in excess of:

• for a single family dwelling                                 80,000,
• for a duplex                                                       $60,000/unit
• for a triplex or quadruplex                                  $40,000/unit
• for a multi-family (greater than 4 units)               $30,000/unit

Community Improvement and Infill Program Brochure

Eligibility for Financial Support

To be eligible, each proposed program or project must be managed by, or under the auspices of a community group or agency that is incorporated (or in the process of becoming incorporated) as a non-profit society in Alberta; or operating under the administrative jurisdiction of a school division or municipality.

FCSS Grant Funding Application

The purpose of this program is to provide financial assistance to business owners who invest in quality building interior improvements to existing and new industrial buildings that enhance the aesthetics and functionality of vacant ground buildings.

*This program is NOT eligible for landlords for building improvements.

Industrial Development Incentive Application Form

Industrial Development Brochure

Prepared By: Allan Wilson

Effective Date: April 18, 2017

Policy Name: Multi-Family Development Incentive Policy

Policy Number: 17/04/71

Council Approval Date:

Council Resolution No.: #17/04/71

Grant applications for community events or projects will be accepted throughout the year.

Parks, Recreation and Culture Boards Grant Application

The purpose of this program is to provide financial incentives to business owners who invest in quality building interior improvements to retail and commercial buildings that enhance the aesthetics and functionality of vacant ground floor Storefront(s).

*This program is NOT eligible for landlords for building improvements.

Retail Development Incentive Application Form

Retail Development Brochure

Vermilion District Health Care Providers Attraction & Retention Bursary provides financial assistance and/or practical experience to medical students to support their entry into practicing medicine in our community.

This is available to medical doctor students from the Vermilion area who are also enrolled full-time in undergraduate medical education in an Alberta medical school at the time the bursary application is made.

Bursary Information Sheet

Bursary Application

The Blade Sign Program implemented by the Town of Vermilion is to:

1. Enhance the exterior condition of businesses in the Retail Sector of the Town of Vermilion.

2. Provide increased visibility to businesses in our commercially zoned areas.

3. Add to the historic character of buildings within the town

4. Improve private assets of the Town by revitalizing distinctiveness and integrity of downtown structures.

Read the attached Application Form for more information.

 Blade Sign Program Application Form

The purpose of this program is to promote temporary outdoor patios and retail spaces so businesses can create more space for customers. Follow the attached links for more information. Information on permitting for this program can be obtained through the Infrastructure & Planning department at 780-581-2415.

Patio Program Brochure

Patio Program Application

Initial Announcement