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Old 07-23-2019, 12:35 PM   #537
topfiverecords
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Join Date: Feb 2010
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Quote:
Originally Posted by sleepingmoose View Post
The retail businesses on the outside of the new building will pay property taxes, and the Flames will be responsible for the provincial portion of property taxes once the Community Revitalization Levy is up (since it's a City building, it obviously doesn't pay the municipal portion of the taxes at all).
This should be clarified. Any business operating out of the event centre with street frontage on any of the 4 sides will pay property tax. However it's likely 5th will be full back of house. A segment of 12th avenue will be entrances to the event centre. We'll have to wait to see what will be programmed on the 13th avenue facade.

A minute benefit of this is also that the city could extract some property tax out of a FanAttic in the building as I'd expect one at street level.
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