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street1The community of Asquith wants YOU!  Our community has a lot to offer potential new citizens and we are very excited about offering an ideal situation for someone who is looking to build a new residence or a new business.  Asquith is a small but vibrant community that is close enough to the City of Saskatoon to offer its amenities, but far enough away to offer the joys of a small town community and small town living.  Our tree-lined streets and friendly faces will welcome you to our community !

 
Currently the Town has lots that are over 60’ frontage for a total cost of $30,000 + GST.  Featured below are some potential houses that you could put on our town lots along with what it would cost. Click on a slide below to view the floor plan plus other info. Of course, the sky is the limit and you can build your own, pick a different design, bring in a new RTM, etc.!  On top of these lots being so very affordable (as compared to lots in the City of Saskatoon well over $100,000) the Town of Asquith is also offering tax incentives to new home builds and new businesses ! 
 
To take advantage of great business or residential opportunities in the Town of Asquith call (306-329-4341 ) or email town.asquith@sasktel.net today !

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NEW RESIDENTIAL TAX POLICY

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1. TAX CONCESSION APPLICATIONS:

a)      The Town will not assess new home construction in the year that

construction begins.

b)      The Town will not assess a new RTM home or a home deemed eligible by Council in the year that the home is moved into the municipality.

c)      The Town will provide a tax concession on the municipal tax levy as follows:

·         100% off of municipal tax levy 1st year

·         75% off of municipal tax levy 2nd year

·         50% off of municipal tax levy 3rd year

2. CONDITION FOR RESIDENTIAL INCENTIVE:

a)      This policy applies to the applicant of the building permit and is non-transferable.

b)      The incentive will be based on the date of occupancy which must be within two (2) years of the date of issuance of the building permit or moving permit for the owner to qualify.

c)      Occupancy is established when the owner activates their Town utility account for billing.

3. IMPLEMENTATION OF RESIDENTIAL INCENTIVE:

a)      Once conditions are met, a request in writing must be made to the Council of the Town of Asquith.

b)      The above are guidelines for incentives and shall be authorized and implemented by resolution at the discretion of Council of the Town of Asquith for each incentive granted.

Policy effective: December 10, 2014

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NEW BUSINESS TAX POLICY

Policy No. 6-2014


1. NEW BUSINESS CONSTRUCTION:

1)      The Town will provide a land and building tax exemption for the business owner for the year in which construction of the new business is commenced and the following two years, except in cases where there is already a similar business located in Town.

2)      The business owner must own the land being developed.

2. NEW BUSINESS ESTABLISHED IN EXISTING BUILDING:

1)      The Town will provide a land and building tax exemption for the new business owner for two years, except in cases where there is already a similar business located in Town.

2)      The business owner must own the land and buildings.

3)      Business incentives do not apply to home-based businesses.

3. NEW INDUSTRIAL OR MANUFACTURING BUSINESS:

1)      The Town will provide a three year land and building tax exemption for the owner of a new industry or manufacturing business.

2)      In the 4th year of operation, the Town will apply a credit of $500.00 for each full time employee to the owners’ land and building taxes (i.e. 5 employees = $2,500.00).

3)      In the 5th year of operation, the Town will apply a credit of $250.00 for each full time employee to the owners’ land and building taxes.

Tax credits which are accumulated in the 4th and 5th year which exceed the current year’s tax levy are not refundable and are not eligible to be carried over to the next year.

4. CONDITION FOR BUSINESS INCENTIVES:

1)      Business incentives granted shall be conditional to that business being in active operation.

5. AVAILABLE LAND:

1) The Town of Asquith has some lots available on Main Street for commercial development and Council is willing to discuss the sale of this property. The Council of the Town of Asquith meets on the second Wednesday of each month and may be open to flexibility on the above incentives.

6. IMPLEMENTATION OF GUIDELINES FOR INCENTIVES:

1) The above guideline for incentives shall be authorized and implemented only by   resolution of the Council of the Town of Asquith for each incentive granted.

The Town of Asquith would like to make your start in our community as smooth and successful as possible!

Policy effective: December 10, 2014

To take advantage of great business or residential opportunities in the Town of Asquith call (306-329-4341 ) or email This email address is being protected from spambots. You need JavaScript enabled to view it. today !