To this point in the construction of its new “EXolution” conference centre and agri-food hub, the Lethbridge & District Exhibition has used largely local trades providing a direct and immediate stimulus to the local economy. Exhibition Park Chief Operating Officer Mike Warkentin told city council’s Economic Standing Policy Committee on Wednesday that of the 3,920 worker hours put in on the site to date that over 70 per cent, or about 3,500 hours, had been filled by local trades. “This project certainly is a community project that has invested money back into the construction industry in Lethbridge,” Warkentin reported proudly to committee members.
To this point in the construction of its news “EXolution” conference centre and agri-food hub, the Lethbridge & District Exhibition has used largely local trades providing a direct and immediate stimulus to the local economy.
Exhibition Park Chief Operating Officer Mike Warkentin told city council’s Economic Standing Policy Committee on Wednesday that of the 3,920 worker hours put in on the site to date that over 70 per cent, or about 3,500 hours, had been filled by local trades.
“This project certainly is a community project that has invested money back into the construction industry in Lethbridge,” Warkentin reported proudly to committee members.
BILD wants tax break for developers
Poll
Yes
Tim Kalinowski
The Building Industry and Land Development Association of Lethbridge is asking city council to consider giving local developers a 50 per cent tax break on vacant serviced lots in the city.
Bridget Means, executive officer of BILD Lethbridge, made the request on behalf of her members to city council’s Economic Standing Policy Committee on Wednesday.
Currently the City has two classes of mill rates for empty lots. One is for unserviced farm or green field land, and the other is for lots which have been serviced for development. The savings to the developer comes on the assessment value– if no house is built on the property it is taxed lower because it is assessed lower, but ultimately the vacant serviced lot is taxed at the same mill rate as a lot with a house on it.