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25-10 Confirming Resolution - Real Property Tax Abatement for 445 North Sheridan Street
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25-10 Confirming Resolution - Real Property Tax Abatement for 445 North Sheridan Street
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2/5/2025 10:05:53 AM
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2/5/2025 10:05:51 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. 5113-25, the property owner is qualified for and is granted an industrial real property tax <br /> abatement for a period of eight(8)years as shown by the schedule outlined below. <br /> Year 1 - 100% <br /> Year 2 -90% <br /> Year 3 -80% <br /> Year 4 - 70% <br /> Year 5 - 60% <br /> Year 6 - 50% <br /> Year? - 40% <br /> Year 8 - 30% <br /> 6 <br />
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