Oxford County's Community Improvement Plan now includes downtown Ingersoll.
INGERSOLL - Property owners in Ingersoll's downtown core will be able to take advantage of Oxford County's Community Improvement Plan.
Warden David Mayberry says they won't have to worry about increased assessment taxes for five to ten years, if they decide to make changes that improve the overall look of the area.
"People in that area know if they are going to make an improvement they are not going to pay a penalty. It's a way of encouraging by not really giving them money but stalling off when they have to start paying taxes."
The property owners will not be taxed or they will receive a grant to pay for it.
Mayberry says the plan doesn't have a big financial impact on the county.
"We're basically just forestalling collecting the taxes on it for a few years. It doesn't really cost us anything but it's a way of encouraging businesses in the downtown areas to make the kind of improvements that make our community look more livable and more sustainable."
The Community Improvement Plan also applies to select areas in Woodstock, Tillsonburg, Norwich and Otterville.