The report said the owner of the land is Dream Management Corporation. Dream wants those parcels brought into city jurisdiction because the lands form natural extensions of both the existing Harbour Landing community and the future West Harbour Landing neighbourhood.
To make up for what would be a loss of tax revenue, the RM is requesting an amount equal to 15 times the foregone revenue the lands would have generated. The city estimates a one-time payment to the RM in this regard of $1,450.
http://www.cjme.com/2018/01/17/regina-looks-to-annex-land-from-rm-of-