Tax exemption for Co-op possible

MY MOUNTAIN Co-op, if it does buy the Shames Mountain ski facility, could ask the Kitimat-Stikine regional district for a break on its property taxes.

  • Sep. 6, 2011 7:00 p.m.

MY MOUNTAIN Co-op, if it does buy the Shames Mountain ski facility, could ask the Kitimat-Stikine regional district for a break on its property taxes.

The suggestion came from Terrace city councillor Carol Leclerc at the Aug. 22 city council meeting after joining with three other councillors and mayor Dave Pernarowski in opposing a motion to provide Terrace tax money to the co-op.

“It’s what we do  and what the regional district does,” said Leclerc of tax exemptions provided by governments to sports clubs.

In the case of Terrace, council provides a tax exemption of just over $14,500 to the Terrace Curling Association.

For the regional district’s part, it provided a tax exemption of more than $28,000 to the Skeena Valley Golf and Country Club, says regional district administrator Bob Marcellin.

That’s based on an evaluation of $2 million.

Last year the Shames Mountain Ski Corporation paid the regional district property taxes of $2,600 based on an evaluation of just $250,000.

Marcellin said My Mountain Co-op could apply for an exemption because it would be a sports club.

The difference between Shames Mountain and the golf course is that the former does not have the same level of services as the latter, said Marcellin.

 

Tax exemptions are common for non-profit, charitable and community groups. The K’san House Society

and the Terrace Child Development Centre are among those on the city’s list.

 

 

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