Laserfiche WebLink
Public Hearing - Tax Abatement Request by Elk Path, L.L.C. <br />June 10, 2002 <br />Page 3 of 3 <br /> be driven by market demand. Additionally, what precedence will the use of tax <br /> abatement for speculative office space have on furore developments and does it <br /> create a competitive advantage over other office facilities in the community? <br /> <br />Action Requested <br />Following the public hearing, the City Council may consider action on the tax abatement <br />request by Elk Path, L.L.C.. The City Council may consider the following options: <br /> · Approve the requested amount of up to $200,000 or 8-years, whichever occurs <br /> earlier. Approval of the attached Abatement Resolution and Abatement Agreement. <br /> · Consider a lesser maximum amount and term of abatement. <br /> · Do nothing/deny the request. <br /> <br /> <br />