Housing Agreement for Lorne Street
Consideration of Bylaws
Council adopted Housing Agreement Bylaw No. 64-14, 2026, for 98 purpose-built rental units at 640 Lorne Street, which is located within the Purpose-Built Rental Revitalization Tax Exemption Area. The housing agreement is required for the owner/applicant to qualify for this 10-year tax exemption for increased assessed value.
View the September 1, 2026, report here.
View the full Council Highlights for this meeting
Key details
- Agenda section
- Consideration of Bylaws
- Council meeting
- 2026-09-22
Official City of Kamloops source ↗
Council outcome
Adopted
Council adopted Housing Agreement Bylaw No. 64-14, 2026, for 98 purpose-built rental units at 640 Lorne Street, which is located within the Purpose-Built Rental Revitalization Tax Exemption Area. The housing agreement is required for the owner/applicant to qualify for this 10-year tax exemption for increased assessed value. View the September 1, 2026, report here.
In favour: 98 purpose-built rental units at 640 Lorne Street, which is located within the Purpose-Built Rental Revitalization Tax Exemption Area
Staff recommendation / action
That Bylaw No. 64-14 be adopted.
Meeting: Regular Council Meeting
Imported by CI City Hall. Source records can change; use the official City link for authoritative information.
