Menu

Topics

Connect

Comments

Want to discuss? Please read our Commenting Policy first.

City of Vernon sued in tax issue with local golf course owner

Owners of The Rise golf course in Vernon are suing the city in a property tax dispute. Global News/File Photo

The owner of The Rise golf course in Vernon is suing the city alleging negligent misrepresentation in a tax dispute.

Story continues below advertisement

Rencor Investments Ltd. claims city officials misrepresented the property tax load for the golf course in 2014 when Rencor bought it in a foreclosure proceeding.

The daily email you need for 's top news stories.

The company claims the alleged error in the Local Service Area tax rate, for water reclamation infrastructure, resulted in annual taxes almost tripling to nearly $100,000.

The lawsuit also claims total outstanding property taxes jumped from zero to almost $190,000.

Rencor claims as a result of the city’s alleged misrepresentations, it paid too much for the bankrupt development and suffers ongoing increased tax liabilities.

It’s seeking unspecified financial compensation.

Advertisement

You are viewing an Accelerated Mobile Webpage.

View Original Article