Quote:
Originally Posted by Jay Random
Medicine Hat has a specific exemption allowing the municipality to own the mineral rights within city limits. I believe the practice dates back to the days when Rudyard Kipling described Medicine Hat as having ‘all hell for a basement’ because of its natural gas deposits. It's been renewed from time to time by various provincial governments.
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I looked at their budget and there’s no mention of royalties. It’s revenue is property taxes, business taxes and utilities. Like all the others. They do own gas rights as you say, but its all dedicated to utilities (and they end up using more because they don’t produce enough).