Port Payment in Lieu of Taxes

Does anyone know whether the City and the Port Authority have come to an agreement on the “right” amount that the Port should be paying, or has the City gone back to the Advisory Dispute Panel or ?

Surely, it cannot take the Port Authority, which seems to depict itself as a major community supporter, very long to come to agreement on the amount that needs to be paid. After-all, their mandate does require them to work with the local Community as well as people beyond Rainbow Summit. Considering, with the Pellet Plan Decision, that the Port has ruined a neighbourhood and caused unknown financial hardship to homeowners living in that area, one would think that it would try a little harder to be a good neighbour and buck-up?

[quote=“Pantagruel”]Does anyone know whether the City and the Port Authority have come to an agreement on the “right” amount that the Port should be paying, or has the City gone back to the Advisory Dispute Panel or ?

Surely, it cannot take the Port Authority, which seems to depict itself as a major community supporter, very long to come to agreement on the amount that needs to be paid. After-all, their mandate does require them to work with the local Community as well as people beyond Rainbow Summit. Considering, with the Pellet Plan Decision, that the Port has ruined a neighbourhood and caused unknown financial hardship to homeowners living in that area, one would think that it would try a little harder to be a good neighbour and buck-up?[/quote]

“Considering, with the Pellet Plan Decision, that the Port has ruined a neighbourhood and caused unknown financial hardship to homeowners living in that area”

Hmm… the ole hyperbole meter is rocketing off the chart this morning…

Ruined the neighborhood? Sorry that your property value experienced a correction to what its value should have been given that it is next to an industrial zoned area. Guess you should have either paid less for your house or cashed it in on some sucker before the word got out.

“Considering, with the Pellet Plan Decision, that the Port has ruined a neighbourhood and caused unknown financial hardship to homeowners living in that area”

Hmm… the ole hyperbole meter is rocketing off the chart this morning…
Old major

Catastrophizing would be a word better suited to that statement.

the port lost its appeal, but they are getting another opinion on the value of the disputed land value, the board did not say they couldn’t do that, all it said was the amount they stated was off base basically and the property assessment authority was correct, for the port used a wrong valuation formula. there was a post earlier about this, but hey they made $16million so why pay what the assessment authority says they owe the city

thenorthernview.com/news/264928881.html

gee kiss the ports ass some more, what has been so expedient about the payment?