City of Martensville Agenda Packet 2026-06-02
Industrial Tax Exemption for Borstmayer Ventures Confirmed
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Description
Through Bylaw 11-2026, Martensville confirmed a five-year tax exemption agreement with Borstmayer Ventures Ltd. for its welding and machine shop at 901 8th Street South. The exemption runs from 2022 to 2026 to support industrial development.
Contract Details
Vendor
BORSTMAYER VENTURES LTD
Agency
City of Martensville, Canada
Contract Type
FINANCIAL_SERVICES
Document Date
June 2, 2026
Contract Term
2022-2026 (5 years)
Renewal Date
2026-12-31
Renewal Info
Five-year economic development tax exemption for taxation years 2022–2026 on qualifying improvements at 901 8th Street South.
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