Claresholm Tax Incentive Recommended for Tamarack Klaassen

Town of Claresholm administration recommends approval of a residential property tax incentive for Tamarack Klaassen Townhomes Ltd. under Bylaw #1803. The proposed action would apply a $8,529.43 credit to the 2026 municipal portion of property taxes for Tax Roll #13158000, with additional incentives possible in subsequent years per the bylaw schedule.

Scope & details

The full contract record, as filed.

Contract amount

$8,529.43

Contract type

OTHER

Contract term

2026 tax year, with potential incentives over Years 1–4 per Bylaw #1803

Renewal

Incentive is structured as a declining municipal tax credit over four years: 100% in Year 1, 75% in Year 2, 50% in Year 3, and 25% in Year 4, with cessation of incentives in Year 5 and beyond. Eligibility continues despite changes in ownership provided all bylaw conditions and tax payment requirements are met; unpaid taxes during the incentive term revoke eligibility.

Document type

StaffReport

Source document

Town of Claresholm StaffReport Residential Tax Incentive Application – Roll 13158000 2026-07-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Town of Claresholm?

Tamarack Klaassen Townhomes Ltd was awarded this government contract by Town of Claresholm, as recorded on July 20, 2026. The contract value is $8,529.43.

How much is the Tamarack Klaassen Townhomes Ltd contract with Town of Claresholm worth?

The Tamarack Klaassen Townhomes Ltd contract with Town of Claresholm is valued at $8,529.43.

What type of contract is this?

This is a government contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Town of Claresholm StaffReport Residential Tax Incentive Application – Roll 13158000 2026-07-20 (StaffReport), dated July 20, 2026 from Town of Claresholm. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Tamarack Klaassen Townhomes Ltd hold?

Tamarack Klaassen Townhomes Ltd may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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