Tuesday, April 9, 2013

Resolute To Appeal Assessment Of City Mill

The City is preparing for a tax fight against Resolute Forest Products.   Resolute is appealing it's property assessment from the province and wants a reduction of 60 per cent,  retroactive by four years.  If successful the amount of taxes Resolute pays to the city would drop by 1.8 million dollars a year. Mayor Keith Hobbs calls it ridiculous and says the city has already contacted a lawyer with the aim of taking  the company on. The company's appeal is expected to go before a government review board in June.