Retail Vacancy Rates, Pesticide Use and Hotel Tax On Council Agenda
By 250 News
Monday, August 10, 2009 04:00 AM
Prince George, B.C. - The Downtown and Major Shopping Centres Vacancy Rate survey will be presented to City Council this evening. The report shows there has been very little change in the vacancy rates of retail or business space in 2008 compared to 2007.
The vacancy rate for retail or service business in the downtown core I was 16.6% last year, down from 17.7% in 2007.
The vacancy rate for office space in the downtown was 15.3 % last year, down from the 16.9% vacancy rate in 2007.
As for shopping centres, the overall vacancy rate (large, medium and smaller floor space categories combined) is 3.8%. In 2007 that rate was 4.9%.
Also on the agenda this evening, Council will be asked to give the first three readings to the new bylaw that will establish a hotel service tax of 2% for out of town guests staying in Prince George hotels. The tax is supported by the majority of hoteliers in the city.
There are two presentations on tap for this evening. Mary Anne Arcand and Roy Nagel of the Central Interior Logging Association will be asking for Council to support the development of a Resources Expo to replace the Forestry Expo which was normally held every second year. With a new business and operation plan, the presenters are hoping this new resources expo will be an annual event.
Two presenters will be calling on Council to back efforts to battle cancer in the community. While praising the city for its burning bylaws and establishing tobacco free zones, they are now calling on the City to ban all “cosmetic” uses of pesticides on not only public, but private property as well.
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