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Wednesday, January 30, 2008

I’m SOOOO Confused!

Is it too much to ask that it make sense?

An article in the Pueblo Chieftain today says that a developer is going to get a tax break for remodeling some apartments.

The Pueblo City Council and County Board of Commissioners both approved a measure this week that will give a private developer a break on property taxes in exchange for remodeling the Bethlehem Square apartments.

On Monday, council approved an agreement with Lucky Star LLLP that allows the company to make payments to the city and county in lieu of property taxes.

How, exactly, are “payments” different from property tax payments?

More...

Posted by Sukey at 11:12 AM in
• Government • City • County

(0) Comments • Permalink
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