TO DESIGNATE AN ECONOMIC DEVELOPMENT TARGET AREA (EDTA) - Re: Property Located at N. Kinser Pike and Identified by the Monroe County Parcel ID Number 53-05-28-300-170.000-005 (015-38250-00) (Naples, LLC, Petitioner)
This Ordinance designates one parcel owned by Naples, LLC on N. Kinser Pike as an Economic Development Target Area (EDTA). This designation was recommended by the Economic Development Commission and will enable the proposed residential redevelopment project to be eligible for a tax abatement. Final approval of the real estate property tax abatement for the project will also require the adoption of an initial and confirming resolution, which must designate the lot as an Economic Revitalization Area (ERA), approve the statement of benefits, and authorize periods of abatement and a schedule of deduction.
| Committee |
2017-06-07 |
|
2 (Sturbaum, Sandberg) -2 (Granger, Piedmont-Smith) -4
(Rollo absent) |
|---|
| Final |
2017-06-14 |
Not introduced |
n/a |
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