City of Thunder Bay – Airport Development Grant Program
Description:
This program allows the City to grant back to businesses all incremental increases in municipal property taxes resulting from new aerospace related development on Airport lands for up to 25 years.
Comments on Funding:
The City of Thunder Bay grants back to businesses all incremental increases in municipal property taxes resulting from new aerospace related development on Airport lands
The total amount granted back cannot exceed the total value of the eligible development work, including any new buildings or structures.
Eligibility:
Applicants must:
Applications Steps:
Documentation Needed:
Applicants must:
- submit the completed application form;
- attach drawings if available/appropriate to support the development, improvements, studies, remediation or other works to be undertaken on subject property.
Program Contact:
When It Ends:
Ongoing
Deadline:
December 31, 2030