FOXHALL INCENTIVES PER INDEPENDENT FINANCIAL REPORT

FOXHALL INCENTIVES:

PROPERTY TAXES:
     COUNTY.....................................$291,216
     SCHOOL.....................................$511,599
 COUNTY HOTEL/MOTEL TAX:
  4.5% TO PAY OFF DEBT...........$1,397,250
  3.5% TO MARKET FH.................$1,086,750

ANNUAL TOTALS.........................$3,286,815

 

THIS INCENTIVE SCHEDULE IS YEARLY FOR 30 YEARS ALONG WITH A 100% ABATEMENT OF PROPERTY TAXES FOR SAME PERIOD.

FOXHALL AGREEMENT APPROVED BY BOC WITH 4-1 VOTE

This  Intergovernmental Agreement was appoved 4-1 ON JULY 7, 2016, with ONLY MYSELF VOTING AGAINST IT.  There was one small amendment submitted allocating a payment of $8,000 yearly from the Developer (Foxhall) back to the Schools.

WATCH THE MEETING AT http://player.vimeo.com/video/161672408

MY QUESTIONS to DEVELOPMENT AUTHORITY START AT 1.27...........

 

 

 

 

 

 

 

 

 

 

http://annjonesguider.com/sites/default/files/field/image/FINANCIAL%20RE...

Tags: