Housing developer wants to build 78 homes on former Queens Comprehensive School in Newport
Redrow Homes has submitted plans to redevelop 8.7 acres of brownfield land on Queens Hill, Newport
Updated
Land once occupied by Queens Hill Comprehensive School has been unused for many years (Image: Google/ Redrow)
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Posted: Dec 18, 2020 10:37 AM CT | Last Updated: December 18, 2020
Smith Street Lands Ltd. asked for a tax exemption on almost $700,000 owed to the city.(Bryan Eneas/CBC) comments
Regina city council has rejected a developer s request for a property tax reduction.
Smith Street Lands proposed buying the property formerly slated to house Capital Pointe, but said it would only do the deal if city council reduced tax penalties on it by about $692,562.60.
Those penalties have been accumulating since July 2018.
Robert Goldman, president of Smith Street Lands, and lawyers Tony Merchant and Dave Brundige all spoke to council on the request on Wednesday. City administration recommended council deny the request.
City council denies tax break for potential Capital Pointe buyers cjme.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cjme.com Daily Mail and Mail on Sunday newspapers.
Following the private meeting council still voted against the request to cancel the penalties. “Council and myself want the cost to fill this hole and the back taxes payed, full stop. Which is why administration is in the process of foreclosing on property tax arrears,” Sandra Masters, the Mayor of Regina said. “Anything we can do to facilitate the property taxes coming back into the city we are open to. At the end of the day, from a legal perspective, we were advised by our administration that this is unprecedented, we are not within the purview of the law to grant it.
Capital Pointe once again dominates Regina City Council meeting 620ckrm.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 620ckrm.com Daily Mail and Mail on Sunday newspapers.