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Toronto Music Advisory Committee · 2021-11-23 · 2021.MA11.4

The filed record

Impact on Live Music Venues and Administration of the Creative Co-Location Facilities Property Tax Subclasses

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The decision

2021-11-23 · Toronto Music Advisory Committee · adopted

As filed

The Toronto Music Advisory Committee: 1. Received the report (November 5, 2021) from the Interim General Manager, Economic Development and Culture for information.

On the agenda

As the city filed it

This report summarizes the impact of the Creative Co-Location Facilities Property Tax Subclasses for the Commercial, Commercial Residual and the Industrial property tax classes on live music venues. The report provides a summary on the 2021 applications; status of the current administrative process with a comparison from the previous year; details of the program, promotion and information on the locations, names and beneficiaries

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and summary of property tax reductions to performance venues as requested by City Council in Item CC21.4 at its meeting of May 28, 2020.

Staff recommended

The General Manager, Economic Development and Culture recommends that: 1. The Toronto Music Advisory Committee receive this report for information.

    On the record

    The item as the City filed it

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