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5071-24 Confirming Resolution: Mixed Use Development Real Property Tax Abatement Petition for the Momentum Development Group, LLC
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5071-24 Confirming Resolution: Mixed Use Development Real Property Tax Abatement Petition for the Momentum Development Group, LLC
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4/19/2024 3:07:01 PM
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4/15/2024 1:17:23 PM
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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. 5069-24, the property owner is qualified for and is granted a mixed-use development real <br /> property tax abatement for a period of eight(8)years as shown by the schedule outlined below. <br /> Year 1 - 100% <br /> Year 2 - 100% <br /> Year 3 - 95% <br /> Year 4 -95% <br /> Year 5 -90% <br /> Year 6 -90% <br /> Year? - 85% <br /> Year 8 - 85% <br /> 6 <br />
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