Tuesday, April 9, 2013

Resolute Seeks Lower Assessment In Thunder Bay

After negotiating a drop to its property assessment in Fort Frances, Resolute Forest Products is now seeking a similar decrease in Thunder Bay.

Mayor Keith Hobbs says a proposed 60 per cent decrease would cost the city about $1.8 million.

Meantime, Dryden's city mayor Craig Nuttall is proposing to withhold money owing to the Municipal Property Assessment Corporation until there's a resolve to a lowering of assessment of the Domtar mill that could cost Dryden over $5-million.