Tuesday, October 13, 2009

Renege on a parking ticket? Atchison wants your car impounded; Renege on a $4.5 million loan? Atchison grants you extensions.

If you have unpaid parking tickets, Mayor Atchison wants your car impounded.

Unpaid property taxes? The penalty is 1.25% per month for the first six months, and 1.5% per month thereafter.

However, if you owe the City of Saskatoon 4.55 million dollars and you don’t pay the interest or meet the loan payment date, you’re in luck! Mayor Atchison will happily give you extension after extension.

That’s exactly what he did for Lake Placid Developments, the Calgary-based developer that twice missed payment dates on what was essentially a 4.55 million dollar loan bankrolled by Saskatoon taxpayers.

Atchison’s solution... Another extension.

Perhaps Mayor Atchison should spend a little more time worrying about collecting the 4.55 million dollar bills, and less time worrying about the 10 dollar parking tickets.

After all, Mayor Atchison is going to have to collect on 455,000 parking tickets to cover Lake Placid’s bill.

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