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The Town Council has developed three incentive programs for business and residential development. An outline of these incentives follows:
| Business Incentive Policy | Condominium Incentive Policy | Residential Incentive Policy |
In addition to these incentives, the Town participates in the Bear Hills Rural Development Corporation (Bear Hills RDC) as part of their strategy in attracting business to Biggar. |
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NEW BUSINESS
INCENTIVE GUIDELINE POLICY
TOWN OF BIGGAR, SASKATCHEWAN
(1) New Business Construction:
| (a) |
The Town will provide a land and building tax exemption for the business owner for the year in which construction of the new business is commenced and the following two years, except in cases where there is already a similar business located in Town. |
(b) |
The business owner must own the land being developed. |
(2) New Business Established in Existing Building
| (a) |
The Town will provide a land and building tax exemption for the new business owner for two years, except in cases where there is already a similar business located in the Town. |
(b) |
The business owner must own the land and buildings. |
(3) New Industrial or Manufacturing Business:
| (a) |
The Town will provide a three year land and building tax exemption for the owner of a new industry or manufacturing business. |
(b) |
In the 4th year of operation, the Town will apply a credit of $500.00 for each full time employee to the owners land and building taxes (Eg. 5 employees = $2,500.00) |
(c)
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In the 5th year of operation, the Town will apply a credit of $250.00 for each full time employee to the owners land and building taxes. |
(d) |
Tax credits which are accumulated in the 4th and 5th year which exceed the current year's tax levy are not refundable and are not eligible to be carried over to the next year. |
(4) Conditions For Business Incentives:
Business incentives granted shall be conditional to that business being in active operation.
5. Available Land:
The Town of Biggar currently has commercial and industrial property available for sale and Council are willing to discuss the sale of this property. The Council of the Town of Biggar meets on the 1st and 3rd Tuesdays of each month and may be open to flexibility on the above incentives.
6. Rural Development Corporation:
The Town of Biggar is affiliated with the Bear Hills Rural Development Corporation and further information or assistance on new business development is available from the Economic Development Officer.
7. Implementation of Guidelines for Incentive
The above guidelines for incentives shall be authorized and implemented only by resolution of the Council of the Town of Biggar for each incentive granted.
The Town of Biggar would like to make your start in our community as smooth and successful as possible.
POLICY EFFECTIVE: January 1, 2001
(Res. No. 01 - 178 Approved March 20, 2001)
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NEW RESIDENTIAL CONDOMINIUM INCENTIVE
GUIDELINE POLICY
TOWN OF BIGGAR, SASKATCHEWAN
1. New Residential Condominium Construction
| (a) |
The Town will not assess new condominium unit construction in the year that construction begins. |
(b) |
The Town will provide a tax concession on the municipal tax levy when a condominium unit is assessed on the following basis:
(i) First year assessment - 100% municipal tax levy
(ii) Second year assessment - 50% municipal tax levy
(iii) Third year assessment - 25% municipal tax levy |
(c) |
The tax concession will be given to the purchaser owner of the new condominium unit. |
(d) |
Only new construction of condominium units will qualify for this incentive. |
(e)
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The incentive will not apply to developers who construct condominium units but will apply to purchasers of the condominium units, other than the developer, provided other conditions of this policy are met. |
2. Conditions for Residential Condominium Incentive
| (a) |
The incentive will be available to the first purchaser owner of a new condominium unit and will be a one-time incentive only for each new condominium constructed. |
(b) |
The construction of the residential condominium unit must be completed within two (2) years of date of issuance of the building permit for the purchaser of the condominium unit to qualify. |
(c)
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The purchaser owner of the new residential condominium must occupy the unit in order to qualify. |
3. Implementation of Residential Condominium Incentive:
The above guidelines for incentives shall be authorized and implemented only by resolution of Council of the Town of Biggar for each incentive granted.
POLICY EFFECTIVE: JANUARY 1, 2001
(Res. No. 01 - 177 Approved March 20, 2001)
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NEW RESIDENTIAL
INCENTIVE GUIDELINE POLICY
TOWN OF BIGGAR, SASKATCHEWAN
1. Tax Concession Application:
| (a) |
The Town will not assess new home construction in the year that construction begins. |
(b) |
The Town will not assess a new RTM home or a home deemed eligible by the Council, in the year that the home is moved into the municipality. |
(c) |
The Town will provide a tax concession on the municipal tax levy when a home is assessed on the following basis:
(i) First year assessment - 100% municipal tax levy
(ii) Second year assessment - 50% municipal tax levy
(iii) Third year assessment - 25 % municipal tax levy |
(d) |
This incentive will not apply to new residential home construction by developers when assessed, but can apply to the purchaser of such a home provided other conditions are met. |
2. Conditions For Residential Incentive:
| (a) |
The incentive will be based on the date of occupancy which must be within two (2) years of date of issuance of the building permit or moving permit for the owner to qualify. |
(b) |
The construction of a residential home must be completed within two (2) years of date of issuance of the building permit to qualify. |
(c) |
The owner of the qualifying residential home must occupy same in order to receive the concession. |
(d)
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If the qualifying home is sold by the owner prior to the end of the time period for which concessions are granted, the concession will end on December 31, of the year sold. |
3. Implementation for Residential Incentive
The above guidelines for incentives shall be authorized and implemented only by resolution of Council of the Town of Biggar for each incentive granted.
POLICY EFFECTIVE: January 1, 2001
(Res. No. 01 - 176 Approved March 20, 2001)
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