Sep 17, 2012 | 4:11Mainstreet Cape Breton Mayor Billy Joe MacLean - Richmond Tax Decision Audio
Mainstreet Cape Breton Mayor Billy Joe MacLean - Richmond Tax Decision Sep 17, 2012 | 4:11The Supreme court of Nova Scotia has upheld a 10 year agreement between Richmond County and the paper mill in Port Tupper.
Justice John Murphy ruled today, the mill must pay about 2-point-six-million dollars a year in municipal taxes.
The prospective buyer of the mill, the Stern Group - wanted to pay just over 400-thousand dollars a year.
Justice Murphy said, Richmond County showed it would suffer real financial hardship if the company received the substantial tax break.
In his ruling, the judge also said... Stern had not proven -it needs the tax cut to for the mill to be viable.
Chair of the Strait Area Mayors and Wardens, and Port Hawkesbury Mayor -Billy Joe MacLean has spoken out against a tax cut for the mill.