Wednesday, February 6, 2013

Dryden Hit With New Assessment Of Domtar Mill

While the town of Fort Frances continues to deal with the appeal assessment of its major employer, the city of Dryden has been given some bad of news of its own from the Municipal Property Assessment Corporation.

MPAC has asssesed the Domtar Mill at $14-million.

The city used a figure of $36-million in drafting this year's budget.

Mayor Craig Nuttal says the difference in assessment has put them in a tough position, with the potential of a $4-million shortfall.