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Town council passes airport lot prices

Posted on November 6, 2019 by 40 Mile Commentator

By Justin Seward


Town of Bow Island council passed the airport lot prices for the hangar subdivision at their Oct. 28 meeting.
The subdivision of hangar lots has been completed and there is interest from the leaseholder to purchase lots that their hangars have been built on.
“Council has established a price on what they would sell the lots for,” said town Chief Administrative Officer Dave Matz.
Administration is suggesting that lots one through nine would have a sale of $375 per frontage meter.
Based on that $375 a frontage meter, Lot 1 would sell for $12,431.25, , Lot 2 $12, 573.75, Lot 3 $8,160, Lot 4, $13,556.25, Lot 5 $18, 858.75 and Lots 6-9 will cost $6,285 each.
Development of lots will add long term tax revenue that would far exceed the revenue from land revenues.
If anyone has any questions about the lots , they can contact Matz at the town office at (403) 545-2522.

Fire hall review
The Bow Island Fire Department will be receiving a performance review sometime in the coming month.
Firewise Consulting will be performing the review which will include the readiness of the department, analyze how the level of readiness relates to the town’s community risk assessment, make recommendations on service levels andtraining requirements, evaluate policies and bylaws and comment on succession planning and recruitment.

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