From: | Lenny Siegel <lennysiegel@gmail.com> |
Date: | Thu, 25 Jun 2009 06:33:24 -0700 (PDT) |
Reply: | cpeo-brownfields |
Subject: | [CPEO-BIF] Cottonwood Corners, Dothan, Alabama |
Large Dothan development awaiting decision on tax break WTVY TV-4 News (Southeast Alabama) June 24, 2009Developer John Argo says the Cottonwood Corners project could start September 1st. The $16 million, nearly 70,000 square foot project that will feature a Publix, recently got good news from the Houston County Commission. Commissioners voted in favor of granting the land on Cottonwood Road and Ross Clark Circle brownfield tax abatement status. The Dothan City Commission will decide the same next week. The Alabama Brownfield Development Tax Abatement Act allows a local government to set aside all mortgage and recording taxes, local and state taxes, and ad valorem taxes that are not designated for education. The law allows a developer to remain in that status for 20 years. ... For the entire story, see http://www.wtvynews4.com/news/headlines/48961086.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <lsiegel@cpeo.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org | |
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