Boundary Alteration Agreement Boosts Regional Economic Activity
The City of Regina and the Rural Municipality of Sherwood No.159 (RM) have reached an agreement to alter the boundary between the two communities. The agreement moves 25 acres of land from within Regina city limits to the RM’s jurisdiction. The land alteration is located to the west of Regina adjacent to General Road.
This alteration request was made by the RM of Sherwood on behalf of two companies wishing to expand business operations within the RM.
“This boundary alteration reflects good regional planning and cooperation by supporting the growth of existing businesses within Greater Regina Area. It aligns with the City’s strategic priority to encourage and advance economic development opportunities,” said Regina Mayor Sandra Masters.
“We look forward to the increased economic activity this alteration will bring to both the RM and the City through capital investments in plant expansions and job growth,” said Reeve Susan Oakley-Paul.
The tax loss compensation payable by the RM to the City is $5,284.65 which is consistent with similar boundary alterations across the province.