Council approves Business Licence Bylaw 22-12; Housing Corp. seeks input on homebuyer lottery, appraisal changes
Banff Town Council unanimously enacted a new Business Licence Bylaw on June 23, while the Banff Housing Corporation’s shareholders directed staff to gather public feedback on potential changes to the community’s affordable homeownership programs.
Council passes Business Licence Bylaw, defers parking cash-in-lieu
Council adopted Bylaw 22-12, the new Business Licence Bylaw, on three readings—each approved 7–0. An amendment to delete subsection 17.a.vi was defeated on a 3–4 vote. The Parking Cash-In-Lieu policy item was deferred to a future meeting. No further details on the bylaw’s contents were provided in the minutes.
Housing Corp. advances public engagement on homeownership reforms
At its annual general meeting the same day, Banff Housing Corporation shareholders approved a motion to seek public engagement on recommendations from an NBLC portfolio review. The recommendations include altering how fair market value appraisals are conducted, a two‑year pilot for a 2:1 first‑time home buyer priority lottery, and the potential buy‑back of equity share properties. The vote was unanimous.
Shareholders also adopted an amended Bylaw 1‑5 revising the board’s composition (vote 6–0; the mayor was absent). A series of informational items were received without dissent: the BHC 2025 audited financial statements, a briefing on the 2026 operating budget, an equity‑value report on the homeownership portfolio, and the BHC Board Strategic Plan 2026‑2028. The corrected minutes of the June 23, 2025 AGM were confirmed, and the meeting recessed to closed session for a discussion on the portfolio review.
Governance and Finance Committee meeting canceled
The June 23 Governance and Finance Committee meeting was canceled by Council motions COU26‑179 and COU26‑180.
Coming up
No Council, committee, or housing corporation meetings are listed on the Town of Banff public calendar for the next 14 days.
Generated from official meeting agendas and minutes — every underlying document is linked from the city page. Read the primary source before you rely on a detail.