Towns seize New Skeena assets for unpaid taxes
November 18, 2003 By Pulp & Paper Canada
Working together with four northwest towns, the city of Terrace seized trucks and heavy equipment from New Skeena F…
Working together with four northwest towns, the city of Terrace seized trucks and heavy equipment from New Skeena Forest Products last Nov. 13 to recover unpaid property taxes.
The Terrace Standard reported that bailiffs seized trucks and other equipment at other New Skeena mills on the orders of the towns of Prince Rupert, Port Edward and New Hazelton.
Town officials said New Skeena owes Terrace $1.9 million for property taxes covering 2003 and 2002. Prince Rupert is owed roughly $7.9 million.
Older unpaid taxes – $576,000 for Terrace and nearly $11 million due to Prince Rupert – are to be paid out over eight years starting next spring.
The paper said officials for the four communities said they have waited long enough for New Skeena to pay its tax bill.
“We’re taking what we feel is ours and we’re looking at selling it,” the newspaper quoted Terrace chief administrative officer Ron Poole as saying. “Anything that isn’t nailed down or bolted down.”
The towns will likely put the seized equipment up for auction to recover some money to apply against the outstanding taxes. But the towns would consider releasing the seized equipment in exchange for some portion of the unpaid taxes.
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