Lockport Union-Sun & Journal Online

Local News

February 10, 2013

Heritage District and tax, mulled

(Continued)

Lockport Union-Sun & Journal — The transient marina would be self-supporting from fees and sales; the projected O&M estimate is $125,000 a year.

The budget further shows expense and income lines for the Labatt Canal Concert Series. The idea is that the district would pay for weekly stage rentals and cover the expense by charging fees to concert vendors.

Presently the city is footing the $80,000 a year bill from the property tax-fed general fund.

Other income for the district would come from grants and donations, licensing fees charged to attraction operators and vendors, and special event fees, according to the budget. Basically the corporation would take charge of organizing events, tours and other public activities within the district and look to make some money off them.

Text Only
Local News