Let’s head back to September 1969 when Mayor Dugald Morrison received what was considered a handsome cheque at the time from the B.C. Harbours Board.
The $68,797 cheque was a grant in lieu of taxes for the new superport lands at Roberts Bank.
Harbours Board chairman Bill Mearns described the gesture as “good citizenship.”
Morrison promised the money would be put to good use.
Fast forward several few decades and the harbours board is long gone.
The province has also restricted municipalities' ability to set property tax rates for ports they host after a successful lobby effort by the Port of Vancouver, which claimed municipal taxes impacted port competitiveness. Instead, an annual grant in lieu of taxes is provided to host municipalities..
The Vancouver Fraser Port Authority’s planned Terminal 2 expansion reached improrant milestones with the federal and provincial government approvals.
The port authority has stated its community investment program will provide $6 million to Delta organizations and students, should the project proceed. An initial investment of $500,000 would be made, although the City of Delta will not directly get any of that money.
The city received around $3 million over a decade ago from the port when the third berth opened for business at Roberts Bank. The city used that money to purchase the Seven Seas property on Chisholm Street in Ladner Village.
