Capped Grant Approved for Elmwood Residences Inc. Development
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Description
City committee authorized a one-time grant for Elmwood Residences Inc. at 2302 22nd Street West, capped at the post-completion assessed taxes with a three-year completion deadline.
Contract Details
Contract Amount
One-time grant not to exceed annual Municipal and Library taxes assessed after project completion
Vendor
ELMWOOD RESIDENCES INC
Agency
City of Saskatoon, Canada
Contract Type
OTHER
Document Date
August 7, 2024
Contract Term
Project must be completed within three years from approval
Renewal Date
2027-08-07
Renewal Info
Grant available if development completed within three years from report approval; amount capped at annual post-completion taxes.
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