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St. John's Newfoundland is one of North America’s oldest cities. Spectacular coastlines, panoramic views, outdoor adventure, rich history and culture await all who live here.
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Since Chevron signed the multibillion-dollar memorandum of understanding to develop the Hebron offshore oilfield project back in August 2007, St. John's real estate and surrounding areas have gained favorable optimism and increases in residential homes. Looking to sell you home for TOP DOLLAR? Contact Fraser and Stephen Winters for your free, confidential Home Market Evaluation
This real estate blog is written by Fraser & Stephen Winters. We both are full time successful top producing RE/MAX Realtors in St. John's, Newfoundland. The information contained on this website is from sources believed to be reliable. However, it may be incorrect. This information should not be relied upon without personal verification. We assume no responsibility for its accuracy. This information is not intended to solicit clients already under contract. For more information about us visit our website.
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Water Tax May Be Going Up
A $700 water tax may not be far off in St.John’s. The capital city is scrambling to find money to cover cost over-runs and cost increases associated with the harbour cleanup project. The topic is expected to come up again this evening at the weekly council meeting as members of council try to find ways around the problem. The extra $40 million will be cost-shared among St.John’s, Mount Pearl, and Paradise, but the three municipalities hope they will have help from the federal and provincial governments. Neither government has committed yet. Right now the water tax is about $440 a year per household but that could go up to $692 next year, and, city staff have done their homework. They note that even with the increase, water rates in St.John’s wouldn’t be far off those charged by other cities in Canada.
Source – Water Tax May be Going Up (www.vocm.com)
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