translink: Port Moody and Coquitlam Homeowners to Pay More…
- 05/01/10 04:53 PM
As Metro Vancouver’s regional transportation authority, TransLink plans to increase the portion it receives from property taxes collected by local governments so Port Moody and Coquitlam homeowners will soon be paying more; but still no Evergreen Line. Starting in July 2010 Metro Vancouver homeowners will pay 1.6% more on the TransLink portion of their property taxes. On a detached home with a benchmark price of $800,796, this increase amounts to approximately $4.82, bringing the TransLink portion of the annual property tax bill for this house to approximately $306.
Why the increase? Transit ridership is growing and so are operating costs. … (0 comments)
translink: Port Moody needs one more Evergreen stop…
- 11/14/09 01:48 PM
Friday, November 13, 2009 - Evergreen needs one more stop, group says By the numbers, Port Moody needs a third station for the Evergreen Line. So says a grassroots group in Moody Centre, which is pushing government officials at various levels for a western stop on the proposed rapid-transit line for the Tri-Cities. The Port Moody Western Station Committee argues that one in four Port Moody residents could be short-changed if a station isn't located on the city's west side. The committee is an informal group made up of Moody Centre businesses, residents and organizations. Aside from the stations planned for … (0 comments)
translink: TransLink Nixes more Property Transfer Taxes; Phew…
- 08/30/09 11:22 AM
When the City of Toronto implemented a Land Transfer Tax (LTT) as a way to address a revenue shortfall, instead of bringing in revenue, the LTT did the opposite. An estimated 3,500 families who would have otherwise moved, stayed put because of the LTT, according to a report from the C.D. Howe Institute and economics professors at the University of Toronto, and data from the Toronto Real Estate Board. Those 3,500 fewer home sales cost the Toronto economy $166 million in 2008, since every time a home changes hands in Toronto the transaction generates $47,575 in economic spin-offs in furniture and … (2 comments)
translink: Port Moody continues to be held hostage…
- 12/23/08 05:04 PM
Get building Evergreen & Murray-Clarke - now Published: December 16, 2008 6:00 PM With much interest I read Port Moody Mayor Joe Trasolini's inaugural address after the council swearing-in ceremony on Dec. 2. Once again, the mayor should be applauded for reminding his senior government counterparts that the overdue Murray-Clarke Connector and Evergreen Line infrastructure construction projects both remain at the top of the priority list for Port Moody citizens and our neighbours. We've had an overwhelming hotchpotch of delays imposed on us by Translink, Metro Vancouver's Liveable Region Strategy, provincial and federal government funding uncertainties, changes in the rapid transit … (0 comments)
(formerly the Adoxographist's Blog)
...skilled writing about an unimportant subject, or is that unskilled writing about an important subject?
Well I don't know so as things unfold please judge for yourself...
...don't forget to leave a comment, and thanks for visiting.
John Grasty is a REALTOR® serving the Tri-Cities (Coquitlam - Port Coquitlam - Port Moody) real estate market.
Please check out John's website: http://www.RealEstateEvolved.com
As Metro Vancouver’s regional transportation authority, TransLink plans to increase the portion it receives from property taxes collected by local governments so Port Moody and Coquitlam homeowners will soon be paying more; but still no Evergreen Line.
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