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City of Saskatoon Standing Policy Committee Minutes August 2024

Capped Grant Approved for Elmwood Residences Inc. Development

One-time grant not to exceed annual Municipal and Library taxes assessed after project completionCity of SaskatoonELMWOOD RESIDENCES INCAugust 7, 2024

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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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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