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MPAC is the provincial body that determines how much a parcel is worth, for the purposes of property taxes.
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Try refreshing your browser. City in battle over value of Sudbury Downs property Back to video
It recently determined the former site of Sudbury Downs, now partially occupied by Gateway Casinos, had a value of about $2.3 million, but the city felt that was too low.
“For the Jan. 1, 2016 base year, MPAC returned an assessment of $2,309,000 for the subject property, being $2,045,900 commercial property class and $263,100 residential property class,” the Assessment Review Board ruled. “The city appealed the assessment on the basis the assessment returned by MPAC was too low.
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