A local developer is seeking tax abatement for the long-vacant structure at up to 15 years of 95% of the assessed value of the incremental increments, followed by five years at 75% of the incremental assessed value and then five years at 50%.
A local developer is seeking tax abatement for the long-vacant structure at up to 15 years of 95% of the assessed value of the incremental increments, followed by five years at 75% of the incremental assessed value and then five years at 50%.
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