The District of Sicamous issued a statement confirming the property taxes owed by Waterway Houseboats before the company entered receivership in 2019 are no longer outstanding.
The Sept. 30 statement notes that $83,991 in property taxes owed to the district was paid when the bank overseeing the receivership of the houseboat company sold its former Mervyn Road property to its new owners.
The property was sold to an Alberta-based developer in December 2019 for $2.6 million. Sicamous Houseboats, a newly-created company, operated at the property this summer.
According to the district, the account for the property is now up to date with no outstanding debts remaining.
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The update on the outstanding property taxes came in response to a Sept. 29 post on a community Facebook group which questioned how the company’s outstanding tax total reached more than $80,000.
The Facebook post also stated that property taxes had gone up 60 per cent over the past five years. According to the statement from the district, the tax rates have seen only nominal increases and if residents are seeing much higher tax bills, it is because their property value assessments from BC Assessment have gone up significantly.
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