The Town will waive:
- 100% of the Municipal Property Tax Increase for Years 1-5
- 50% of the Municipal Property Tax Increase for Years 6-8
- 25% of the MunicipalProperty Tax Increase for Years 9-10
Requirements:
- $10 Million Investment (Construction Value)
- 30 New Eligible Full-time Jobs
Eligible Full-time Job:
Minimum 35 hours per week for at least 48 weeks per year, earning at least 125% of Provincial Minimum Wage.