Council Wants More Input on Proposed 2-Year Extension of Abatement

Nothing’s been decided yet, but the Burlington City Council is still considering a 2-year expansion of its residential development property-tax abatement, for those who build outside of the downtown area.

 

Members talked about it again last(Mon) night and Councilwoman Becky Shockley put some numbers with her argument against the idea.   For the most part, Councilman Tim Scott is in favor of the proposal, as are a number of local developers. Scott says all signs point to an improving economy.

 

Again, no decisions were made last(Mon) night.