To Amend Resolution 16-12, Which Established an Economic Revitalization Area (ERA), by Extending the Expiration Date for this ERA by Another Five Years – Re: Property Located at 405 S. Walnut Street; 114, 118, and 120 E. Smith Avenue; and 404 S. Washington Street and Identified by the Monroe County Parcel ID Numbers 015-35020-00, 015-35010-00, 015-35030-00, 015-10000-00, 015-33130-00 (H.M. Mac Development, LLC, Petitioner)
This Resolution extends the expiration date of the Economic Revitalization Area established by Resolution 16-12 for five parcels owned by H.M. Mac Development, LLC and known as 405 S. Walnut Street; 114, 118, and 120 E. Smith Avenue, and 404 S. Washington Street from December 31, 2024 to December 31, 2029. This extension will allow the developer to receive the full benefit of the tax abatement approved by the Council in Resolution 16-12.