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Prince Rupert, Port Ed sign 10-year PILT deal with port authority - The Northern View
Summary by Prince Rupert Northern View
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Prince Rupert, Port Ed sign 10-year PILT deal with port authority - The Northern View
The City of Prince Rupert, the District of Port Edward and the Prince Rupert Port Authority (PRPA) have signed a 10-year agreement that secures predictable Payments in Lieu of Taxes (PILT) for undeveloped federal port lands. The new deal eliminates annual volatility previous PILT contributions and disputes about the valuation of lands by tying it BC property assessment data. “The agreement provides economic stability by ensuring a predictable PI…
·Prince Rupert, Canada
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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