5/6 website

Question 1

Which properties fall within Class 5 Light Industry?

Answer 1

Properties used or held for manufacturing, extracting, transporting, ancillary storage,

Question 2

Exceptions include properties used for the production or storage of food and non-alcoholic beverages, which fall into ___________

Answer 2

Class 6.

Question 3

Which properties fall within Class 6 Business and Other?

Answer 3

Property used for offices, retail, warehousing, hotels and motels all fall within this category. Class 6 also includes any properties that do not fall into the other classes.

Question 4

Can properties be placed in both classifications?

Answer 4

Yes, properties that have different distinct uses can fall into more than one class. For example, if a manufacturing property also housed the corporate head office, the classification would be split between Class 5 and Class 6 based on the value contribution of the components.

Question 5

1. Properties that fall under one of the qualifying Class 05 uses, at least in part, as of _________ prior to roll closure must be classified as Class 05 – Light Industry.

Answer 5

October 31

Question 6

2. Properties with only a definable portion that qualifies for Class 05 – Light Industry must have classification split according to the _________________

Answer 6

area used for each purpose.

Question 7

3. Properties where there are no definable areas attributed to a qualifying Class 05 use and another use must have their classification based on the ________________ of the property and applied to the entirety of the property.

Answer 7

predominant use

Question 8

Class 05 Qualifying Use Requirements

Answer 8

1. used as gathering pipeline as of Oct 31
   2.used or held for extracting, processing, manufacturing, or transporting products or storage ancillary to one of those purposes

Question 9

must be placed, at least in part, in Class 05 – Light Industry unless one of the following exclusions from Class 05 applies:

Answer 9

1. the property is in class 02 or 04
2. property is used for business of transportation by railway
3. used principally as a retail outlet for finished products to end users and not for resale in either the form in which it was purchased
4. property is used for extracting, processing, manufacturing or storing food, non-alcoholic beverages or water

Question 10

1. If only a ________________of a property qualifies for Class 05, classification must be split (typically between Class 05 and Class 06) according to the area used for each purpose

Answer 10

definable portion

Question 11

2. If there are not definable areas attributed to a qualifying Class 05 use and another use (e.g., Class 06 or other) on a property, classification_______________; instead, the predominant use of the property must be determined and the entirety of the property must be classified in accordance.

Answer 11

must not be split

Question 12

1. Are the land, improvements or both are used as a gathering pipeline?

Answer 12

o If yes, this property qualifies as Class 5.
o If no, go to question 2.

Question 13

2. Are the land, improvements or both used or held for the purpose of Class 5 activities, which are:

Answer 13

1) Extracting;
2) Processing;
3) Manufacturing; or
4) Transporting products?

If no, Are the land, improvements or both used for storage that is ancillary to, or in conjunction with Class 5 activities?

     If yes, go to question 4.
      If no, this property does not qualify as Class 5.

If yes, Do any of the exclusions apply?
1) class 2 - utilities
2) class 4 MIP
3) railway business
4) retail sales
5) Food or Water extracting/processing
If yes, this property does not qualify as Class 5.
If no, this property qualifies as Class 5