August 26, 2020 - Agenda (Special)


City of Richmond Meeting Agenda

 

Special Finance Committee

Council Chambers, City Hall
6911 No. 3 Road

Wednesday, August 26, 2020
4:00 p.m.

Pg. #

ITEM

 

 

 

FINANCE AND CORPORATE SERVICES DIVISION

 

1.

Update on Referral Re: 2020 Annual Tax Sale Options 
(File Ref. No. 03-1240-01) (REDMS No. 6516637)

FIN-2

 

See Page FIN-2 for full report

 

 

Designated Speaker:  Ivy Wong

 

 

STAFF RECOMMENDATION

 

 

(1)

Should Council choose to proceed with the tax sale in accordance with the provisions of the Local Government Act, staff recommend that Council approve those measures, process and procedure changes and adjustments, and the designation and change of venue described under the Status Quo Option set out on page 3 of Attachment 1.

 

 

(2)

In the alternative, should Council choose to defer the annual tax sale for 2020, staff recommend:

 

 

 

(i)

That the Bylaw to Defer Annual Tax Sale for 2020, Bylaw No. 10199 be introduced and given first, second, and third readings; and

 

 

 

(ii)

That the Bylaw to Defer Annual Tax Sale for 2020, Bylaw No. 10199 be adopted.

 

 

 

 

 

ADJOURNMENT