Item #41
Regular City Council Meeting
City abates property taxes for 5th Ave S brownfield redevelopment
City forgoes tax revenue to encourage cleanup and reuse of a 1.2-acre contaminated site on 5th Avenue South. Tax break accelerates private investment in blight remediation.
Counterparty:
BHM 5th Ave S Holdings LLC
Funding source:
Unknown
Action type:
Tax abatement
passed
9–0
View vote history (1) ▾
- passed 9–0 Read minutes ↗