Battleford council grants tax abatement for economic development
The Town of Battleford approved a tax incentive to a local businessman for economic development of the vacant space in the downtown post office building at its meeting Monday.
Under the name of Fieldstone Holdings, the owner of the property requested an abatement of the 2019 municipal tax portion for the building’s upper second and third floor space, 41 per cent of the property area at 191-22 St. W. which he plans to develop. Potential plans are to lease the second floor for office space and the third floor space for an apartment.
While the majority of council was in favour of the request, Coun. Susan McLean Tady was opposed, citing a lack of formal policy in place.