Renewal of Downtown Maple Ridge Business Improvement Area
In 2006, Council approved the initial Maple Ridge Business Improvement Area Establishment Bylaw No. 6444–2006 creating the Downtown Maple Ridge Business Improvement Area (DMRBIA). The current Bylaw expires on December 31, 2021. The Downtown Maple Ridge Business Improvement Association would like to renew their Association for a further five years and has advised that there is continued support by its members.
A Business Improvement Area (BIA) is similar to a Local Service Area where funds are collected for specific purposes through a rate levied against benefitting properties in a specified area. The establishment of a BIA is an effective means for businesses in an area to finance programs in support of keeping businesses in the area healthy and prosperous.
The annual levy against all commercial properties within the DMRBIA is proposed to be as follows:
- 2022: $341,795
- 2023: $350,340
- 2024: $359,098
- 2025: $368,076
- 2026: $377,278
Based on the 2021 assessments, the annual cost to be charged to benefiting property owners in 2021 is estimated to be $0.44790 per $1,000 of assessed value on both land and improvements in assessment Class 6 (business). In 2021 and thereafter, this rate may be adjusted either up or down to raise the annual levy noted above. The proposed program will end on December 31, 2026.
To Petition For or Against
Property owners not in favour of proposed renewal of the Downtown Maple Ridge BIA can petition against the renewal of the BIA to Council asking Council not to proceed. A sufficient petition against proceeding with the BIA requires at least half of the land owners, representing at least 50% of the total assessed value of the land and improvements on the properties liable to be charged under the proposed BIA, to oppose the renewal by submitting the petition form. Unless a sufficient petition against the BIA is received before the September 20, 2021 4:00 pm deadline, the BIA will proceed and the local service tax will be charged to the properties in the designated area. The tax levy will be reflected on your 2022 taxes.
If you have any questions regarding the renewal of the Downtown Maple Ridge BIA, please contact the following:
Implementation of BIA - Wendy Dupley, Director, Economic Development, City of Maple Ridge
Downtown Maple Ridge Business Improvement Association - Ineke Boekhorst, Executive Director
Payment of BIA Levy - CK Lee, Manager of Revenue & Collections, City of Maple Ridge
Petition Administration - Stephanie Nichols, Corporate Officer, City of Maple Ridge
If you would like to petition against the renewal of the Downtown Maple Ridge BIA, please do so by submitting the enclosed petition to the City Clerk no later than September 20, 2021 by 4:00 pm.
CBRE Hotels recently completed an update of their 2017 Hotel Feasibility Study for the City of Maple Ridge. The updated feasibility study reflects changes in the local market since the 2017 study was completed, and analyzes the potential short-medium term impacts of COVID-19 on the tourism market and hotel developments. The 2017 Study and the 2021 Update both provide a pro forma financial and investment analysis that supports the development of a 90-100 room, nationally branded, select service hotel with flexible meeting space and restaurant/catering services in Maple Ridge.
COVID-19 Information Sources for Businesses
As the COVID situation continues to evolve, the City of Maple Ridge Economic Development Department is committed to keeping our business community up-to-date with the latest information. The button on the right will take you to the latest information and resources related to COVID-19. Please feel free to contact us if you have any further questions or need specific advice for your business.
2020 Community Leaders Forum Presentations
|Bruce Livingstone||Business Retention and Expansion Officer||604-219-7655|
|Karen Hansen||Administrative Assistant||604-377-9081|
|Kathryn Baird||Tourism Coordinator||604-839-0107|
|Marg Johnson||Film Production Liaison||604-312-7726|
|Wendy Dupley||Director of Economic Development||604-340-9453|