The KOZ designation would provide a 100 percent exemption for real estate taxes for 10 years. The idea behind a KOZ is that the tax break will spur development in economically depressed areas.
Docs where wrong and late, Borough manager???????
Another borough manager fart!
I mean...come on, really? If we want to portray professionalism and start to spur economic growth, lets not run the town like a Mickey Mouse Club. There is no reason that such an important decision/application would not be presented on time. Now the LARGEST parcel that had a serious chance of attracting a large investor is out. Whether or not the property is suitable is another argument, but now we don't even get to pass go.
Post a Comment