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5036-23 CONFIRMING Mixed-Use 8-Year Real Property Tax Abatement for RealAmerica Development, LLC.-504 S. Lafeyette Blvd
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5036-23 CONFIRMING Mixed-Use 8-Year Real Property Tax Abatement for RealAmerica Development, LLC.-504 S. Lafeyette Blvd
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8/18/2023 4:00:03 PM
Creation date
7/7/2023 5:05:29 PM
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City Council - City Clerk
City Counci - Date
6/26/2023
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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. 5024-23,the property owner is qualified for and is granted a mixed-use development real property <br /> tax abatement for a period of eight(8)years as shown by the schedule outlined below. <br /> Year I - 100% <br /> Year 2 -90% <br /> Year 3 -90% <br /> Year 4 - 80% <br /> Year 5 - 70% <br /> Year 6 -65% <br /> Year? -55% <br /> Year 8 -45% <br /> 6 <br />
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