Wednesday, January 15, 2014

Moose Jaw Times-Herald: Council votes to amend condo conversion bylaw

Minimum vacancy rate increased to three per cent

Coun. Candis Kirkpatrick speaks on behalf of renters
in the city regarding the amendment to the condo
conversion bylaw at the Jan. 13, 2014 council meeting.
Times-Herald photo by Lisa Goudy
By Lisa Goudy

Amendments to a condo conversion bylaw were a topic of discussion at council.




At Monday’s meeting, council approved an amendment to the condominium conversion bylaw. The amendment proposed an increase to the City of Moose Jaw vacancy rate threshold from 2.0 per cent to 3.0 per cent or more, applying to the approval of conversion of existing rental units to condominium units.

The average vacancy rate for the City of Moose Jaw was at 3.0 per cent in April 2013 compared to 1.5 per cent in April 2012. By comparison, in October 2004, the vacancy rate was 4.3 per cent.


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