Newspaper article The Canadian Press

Council in Prince Albert, Sask., Provides Cash Incentives for New Hotel

Newspaper article The Canadian Press

Council in Prince Albert, Sask., Provides Cash Incentives for New Hotel

Article excerpt

Prince Albert council gives cash for new hotel

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PRINCE ALBERT, Sask. - City council in Prince Albert, Sask., has voted to approve an incentive package and development permit for a new luxury hotel slated for the city.

The city will give $700,000 in cash incentives to the developers of the planned new $15 million Premier Best Western Hotel, though the developers must pay all fees and infrastructure charges before receiving the grant.

The money covers $519,000 in new road and utility construction, and the waiving of $181,000 in permit and levy charges.

Mayor Greg Dionne said the incentives are not sizeable considering the scope of the project and the money will be recouped relatively quickly.

A strong opponent of the package was councillor Terra Lennox-Zepp, who argued there was a lack of evidence over the need for the development or how the cash grant would improve the economy of the city. …

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