Property Tax Incentive Programs | Town of Morinville

Non-Residential Property Tax Incentive

The Non-Residential Tax Incentive program is designed to stimulate the local economy by temporarily reducing the tax levy on new or improved non-residential properties.

You may apply for the non-residential tax incentive between January 1, 2023, and December 31, 2032.

Applications must be received within 365 days of the improvement being made available for use.

An eligible property shall receive an exemption in the first full taxation year following the improvement being assessable and available for use.

Note: the tax incentives policy does not apply to supplementary taxation.

Eligible applicants may receive the following tax exemptions: year one 75%, year two 50%. year three 25%.

Eligibility

To be eligible for tax exemption, the following criteria must be met:

Construction of a new non-residential improvement with an assessed value of $250,000 or more, or a non-residential renovation/refurbishment that increases the assessed value of the property by $50,000 or more.
Construction or renovation/refurbishment must have commenced on or after January 1, 2023.
All necessary development and building permits required by the Town of Morinville must be in place and in good standing.
Applicants must not be in violation of the Safety Code Act throughout the application and exemption process.
The applicant must not have amounts owing to the Town of Morinville relating to property taxes, utilities, or any other fees and/or charges.

How to Apply

To apply for the Non-Residential Property Tax Incentive, download and complete the Non-Residential Property Tax Incentive application form and return via email to Tax and Utilities.

Late, incomplete or ineligible applications may be rejected.

For additional information, please refer to the Non-Residential Property Tax Incentive Bylaw, or call 780-939-4361.

Coeur de Morinville Non-Residential Tax Incentive

The Coeur de Morinville Non-residential tax incentive program is designed is designed to provide incentive and assurance to developers interested in new commercial and mixed-use development or redevelopment along 100 Street and 100 Avenue, Character Areas A and E of the Area Structure Plan.

You may apply for the non-residential tax incentive between January 1, 2024, and December 31, 2033.

Applications must be received within 365 days of the improvement being made available for use.

An eligible property shall receive an exemption in the first full taxation year following the improvement being assessable.

Note: the tax incentives policy does not apply to supplementary taxation.

Projects meeting the criteria may be granted up to a 50% reduction in municipal tax on assessment increase based on the following, whichever occurs first: A period of 6 years; Until reimbursement reaches $40,000, indexed to the Statistics Canada building construction price index for the Edmonton region (base year 2024); or Until full reimbursement (if project costs were under $40,000)

Eligibility

To be eligible for tax exemption, the following criteria must be met:

1. The lot must be located in the Coeur de Morinville Area Structure Plan Character Areas A and E.
2. The main floor use must be commercial in nature.
3. The lot must require new storm, sanitary, and/or water lines tied off-site into municipal lines in order to be developed.
4. The replacement of the required storm, sanitary, and/or water lines must have commenced after January 1, 2024.
5. All necessary development and building permits required by Morinville must be in place and in good standing.
6. Applicants must not have compliance issues, be in violation of a development permit and/or agreement or be in violation of the Safety Code Act at any time from application to the end of the exemption period.
7. Applicants must not be in arrears or have amounts owing to Morinville relating to property taxes, utilities, or any other fees and/or charges.

How to Apply

To apply for the Coeur de Morinville Non-Residential Property Tax Incentive, download and complete the Coeur de Morinville Non-Residential Property Tax Incentive application form and return via email to Tax and Utilities.

Late, incomplete or ineligible applications may be rejected.

For additional information, please refer to the Coeur de Morinville Non-Residential Property Tax Incentive Bylaw, or call 780-939-4361.