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MERRITT HERALD FREE
TUESDAY, JANUARY 22, 2013 • MERRITT NEWSPAPERS
Merritt property values stable despite drop in B.C., assessor reports By Emily Wessel and Tom Fletcher
Merritt City Hall was busy last Tuesday, as the Committee of the Whole debated the draft Economic Development Strategy authored and presented by City of Merritt’s Economic Development Manager James Umpherson (above). Phillip Woolgar/Herald
Tempers flare at City Hall Staff, council and the public are torn over the draft Economic Development Strategy By Phillip Woolgar THE HERALD
newsroom@merrittherald.com
A City of Merritt draft Economic Development Strategy presentation last Tuesday was met with conflicting views among several councillors and members of the public over the intended scope of the document. The councillors, and two men who stood up in the gallery to make their voices heard,
public a lot of opportunity to be involved in this,” Roline said. “You need a draft plan that can evolve with public input. We will have the engagement and then the plan will evolve into something that is operable.” Councillors Mike Goetz and Dave Baker said anyone is able to attend public consultation periods to voice their opinions. But the mayor and
slammed the document by calling it a far cry from the report that was requested last summer. The majority of complaints claimed the plan is vague and lacks public input into its creation. But as other councillors, city administration and Mayor Susan Roline pointed out, documents such as these are typically a framework, with more detailed planning coming later. “We are giving the
M E R R I T T
going with this document to the community because it says that we already have made up our minds,” he said. “In my mind we should go to the community and then ask the experts. Otherwise, the community goes, ‘Well these people are experts,’ and they go and they mutter and mutter, and down the road that muttering gets worse.”
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councillors seemed to be ignored, as the same criticisms continued to be raised throughout the nearly two-hour meeting. Coun. Alastair Murdoch likened the report to previous initiatives that he said the public wasn’t consulted about, such as a Merritt branding strategy that pegged the town as the Country Music Capital of Canada. “I struggle with
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See our full Real Estate Review inside the Thursday edition of the Merritt Herald.
ber of properties in the region are actually HERALD/BLACK PRESS decreasing in value,” reporter@merrittherald.com said Reuben Dankody, assessor for the Capital While property Region. “Since our assessments show slight valuation date of July drops in estimated 1, 2012, the overall values for most regions property market shows of B.C., assessments signs of further decline remain stable for the in sales volume, while second year in a row in prices have generally Merritt. been stable.” “The news in our Property values region seems to be that generally remained we’re holding our own, stable in the Okanagan, and that the market is stable,” Deputy Assessor with changes from five per cent up to five per Graham Held said. cent down depending Most Merritt homon location and type of eowners can expect property. changes in the minus In the Kootenays, five per cent to plus total assessment roll five per cent range on value decreased slightly the valuation of their in Nelson, Salmo and homes, according to a Slocan, while rural BC Assessment press property values held release from Jan. 2. The city’s assessment steady. Cranbrook also roll increased $15,000 to saw a small average decline, with assessed $898.086 million from value of a typical singlelast year, with nearly family home going from $5.4 million added to $256,000 to $250,000 as the 2013 roll for new of last summer. subdivisions, new conIn the Northwest, struction and rezoning. Assessments are con- Terrace bucked the trend with a slight aversidered a snapshot of age increase in assessed the property value as of values. In Smithers and July 1, 2012, which predates some of the recent surrounding communities, residential values decline in real estate generally held steady markets. while commercial and In Greater Victoria, industrial properties saw most homeowners will decreases between five see reductions in the and 20 per cent. range of two to six per cent. “A significant numSee ‘Homeowners’ P. 2
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