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5058-23 Confirming 542 N. Scott,430 Cottage Grove Ave, 616 Sherman Ave an Economic Revitalization area
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5058-23 Confirming 542 N. Scott,430 Cottage Grove Ave, 616 Sherman Ave an Economic Revitalization area
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11/3/2023 11:54:07 AM
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10/26/2023 11:46:31 AM
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EXHIBIT A <br /> Abatement Schedule <br /> Subject to the adoption by the SBCC of a resolution confirming the adoption of Declaratory Resolution <br /> No. 5055-23, the property owner is qualified for and is granted a multi-family residential <br /> development real property tax abatement for a period of eight (8) years as shown by the schedule <br /> outlined below. <br /> Year 1 - 100% <br /> Year 2 - 100% <br /> Year 3 - 100% <br /> Year4- 100% <br /> Year s - 95% <br /> Year 6 - 95% <br /> Year 7 - 90% <br /> Year 8 - 90% <br /> 6 <br />
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