The average property within an expanded, citywide Special Improvement District (SID) would pay about $1,437 in taxes to the SID, but the average among industrial properties and apartments would be nearly twice as high as commercial properties.
Continue reading Breakdown by property of expanded citywide SID
City Council introduced a measure to borrow almost $20 million to build a new interconnection pipeline as part of upgrades to the city’s water treatment plant.
Continue reading Nearly $20m for water treatment plant project
Mayor Samson Steinman delivered the annual State of the City address Friday night, announcing a few new events for 2015 while providing updates on items announced last year amid a smattering of redevelopment-related topics.
A St. Georges Avenue office building won a tax appeal judgment last year that resulted in a 64-percent refund of its almost $47,000 property tax bill for the 2010 tax year.
Continue reading St. Georges Avenue building wins tax appeal
The longtime law firm representing City Council and Redevelopment Agency is out this year, replaced at the annual organization meetings and continuing a series of changes by the administration in recent months.
A group of property owners is taking their fight over expansion of the downtown Special Improvement District (SID) to court.
City Council at its first meeting of the year filled a vacancy on the Redevelopment Agency, bringing the fifth new commissioner to the seven-member board since September.
Commercial properties that will be new to the expanded Special Improvement District (SID) in 2015 are likely to see what amounts to a nearly 5-percent increase on their property tax bill.
Continue reading Expanded SID likely means 5% tax hike for new lots