The department uses the assessed value which I have described to calculate the annual lease fee for each Commissioner's land parcel. This fee is based on the assessed value of the parcel each year. Some, such as seniors and non-profit organizations, may be eligible for a 50 per cent discount off the annual lease fee paid on Commissioner's land.
Louis Sebert on Question 268-18(3): Land Tenure Issues
In the Legislative Assembly on March 15th, 2018. See this statement in context.
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