Olds Is Open For Business Town Hall Breakfast Meeting

Representatives from the Olds & District Chamber of Commerce, Uptown Olds and the town of Olds were all on hand for a special town hall breakfast meeting on Wednesday, August 21st at the Olds Legion.

An "Olds Is Open For Business" town hall meeting took place at the Olds Legion on Wednesday, August 21st.

Mayor Michael Muzychka addressed the crowd, saying the future continues to look bright in Olds.

He says it has been a busy year for the town, which included CAO Michael Merritt creating an economic development secretariat.

Meanwhile, the town approved two new Area Structure Plans this year which includes Miller Meadows south of town on 57th Avenue.

He talks about the West Town development by Canadian Tire.

Mayor Muzychka also answered questions from the crowd.

He says his vision is to diversify and have a little higher commercial tax base.

Currently the tax base in the town of Olds is 22 percent commercial and 78 percent residential.

Mayor Muzychka adds, the town is also waiting on the new Alberta government and the initiatives they will bring out this fall including Bill 7.

Bill 7 will let municipalities offer new property tax incentives to attract business, boost economic development and revitalize communities.

Meanwhile, Olds & District Chamber of Commerce President Mark Johnson believes there is a lot of optimism in Olds.

The town hall meeting included an update from Olds Soft Gels as well.

Johnson adds, the chamber will be hosting semi-annual town hall meetings with the next one set for February 2020.

Upcoming Olds Chamber news and notes include the deadline of August 31st for nominations for the annual Business Awards.

The Business Beer & Blue Jean event is slated for September 19th at Our Flames Lounge.

The Business Awards Gala is coming up on October 17th at the Olds College Alumni Centre.

The Olds Chamber will also be hosting a candidates forum in October ahead of this fall's federal election.


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