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City owed $1.8M in back taxes

More than 120 properties owe the city a combined $1.8 million in tax arrears dating back to 2012. Those properties could go up for sale within one year if the property taxes aren't paid after a city council vote on Monday night.
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A city report says the owners of Hilldale Gardens Retirement Living owe $393,000 in tax arrears. (Jamie Smith, tbnewswatch.com)

More than 120 properties owe the city a combined $1.8 million in tax arrears dating back to 2012.

Those properties could go up for sale within one year if the property taxes aren't paid after a city council vote on Monday night.

About 95 residential properties total more than $1 million of those taxes while 28 non-residential properties owe a combine $808,000.

Topping the list is Hilldale Gardens Retirement Living at 309 Hilldale Rd., which owes more than $393,000 to the city. Another $131,000 is owed by 500 Victoria Ave. E while 2841 Arthur St owes $114,000. The Shoreline Hotel owes $94,000.

All figures are as of Dec. 31, 2014. 

"All accounts are over three years in arrears. In addition to regular statements, collection letters were sent to all of the owners outlining payment requirements and the ramifications of non-payment; and in several cases, telephone follow-ups were made," a report to council states.

The report also states that historically, the majority of properties pay up within the year. Only property owners owing more than $100 were on the list presented Monday night. 

Unless council decides otherwise, tax-arrears certificates will be registered against the properties.





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