Langford Mayor Stew Young is demanding the Island Corridor Foundation open its financial books after his municipality was hit with a $50,000 fee from the foundation.
“Our bylaw says that you can give a permissive tax exemption if there’s a benefit to the people.
But there actually hasn’t been a benefit to the people for the last four years, because there hasn’t been a train running,” said Young,
All other municipalities along the corridor have granted the ICF a permissive tax exemption, said CEO Graham Bruce.
If they don’t, he said, “we’ve got to ensure the integrity of that property is being maintained and it can’t go up for tax sale purposes.
“So to make sure that doesn’t happen, we charge a land-use fee. If there’s a property-tax exemption in place, then there’s no land-use fee.”
The foundation charged the $50,000 fee because Langford wants to build a two-way bike path about 225 metres long on the lower side of Atkins Road to provide a connection to future E&N Rail Trail improvements and the Galloping Goose trail.
About half the proposed bike trail is in the ICF right of way.
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