Commissioners approve downtown blight tax, redevelopment plan - WALB.com, South Georgia News, Weather, Sports

Commissioners approve downtown blight tax, redevelopment plan

By Len Kiese - bio | email

October 28, 2008

ALBANY, GA (WALB) - Some Albany property owners will now have to clean up or pay up.

Tuesday night, city commissioners passed an ordinance that puts more teeth into efforts to rid the city of blight. Under the Community Redevelopment Tax Incentive Program, blighted property owners can be taxed at higher millage rates.

If a court rules that a property is blighted, the owner will be charged three times the normal property tax rate until they bring the property up to code. Once they do they'll receive a 50-percent reduction in their property taxes for three years as an incentive to clean up.

Along with the removal of eyesores city leaders hope to improve the heart of the city with a redevelopment plan.

Last year voters approved the Redevelopment Powers referendum that gives local leaders the power to focus development efforts on depressed parts of the city and use new tax revenue to spur revitalization.

City commissioners approved that redevelopment area as downtown along the Flint and spreading East around the future Walmart site. The plan also creates the first of four tax allocation districts.

"It will encourage developers. It will will encourage folks who can get development dollars to come to the area and do major redevelopment projects in downtown as well as the new Walmart site," said Albany Assistant City Manager James Taylor.

In tax allocation districts, all tax revenue from new businesses will be used for development in that area. The plan should create jobs and and improve quality of life.  

Feedback

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • The Latest: Irma weakens into a tropical depression

    The Latest: Irma weakens into a tropical depression

    Monday, September 11 2017 3:27 AM EDT2017-09-11 07:27:29 GMT
    Tuesday, September 12 2017 2:42 AM EDT2017-09-12 06:42:09 GMT
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
  • Where to celebrate Museum Day Live! in SWGA

    Where to celebrate Museum Day Live! in SWGA

    Thursday, September 21 2017 10:47 AM EDT2017-09-21 14:47:21 GMT
    The Thronateeska Heritage Center is one of four locations in SWGA participating (Source: WALB)The Thronateeska Heritage Center is one of four locations in SWGA participating (Source: WALB)

    This weekend, families across the nation have an opportunity to visit some of their favorite museums free - with a Museum Day Live! ticket. 

    More >>

    This weekend, families across the nation have an opportunity to visit some of their favorite museums free - with a Museum Day Live! ticket. 

    More >>
  • Input needed to revitalize Tifton's Matt Wilson area

    Input needed to revitalize Tifton's Matt Wilson area

    Thursday, September 21 2017 10:15 AM EDT2017-09-21 14:15:16 GMT
    Community leaders want to make some improvements to this area known as New Front (Source: WALB)Community leaders want to make some improvements to this area known as New Front (Source: WALB)

    After a successful revitalization of downtown Tifton, community leaders say they're ready to take on a new project. They're now going to focus on the Phillipsburg and Unionville neighborhood near Matt Wilson Elementary School.

    More >>

    After a successful revitalization of downtown Tifton, community leaders say they're ready to take on a new project. They're now going to focus on the Phillipsburg and Unionville neighborhood near Matt Wilson Elementary School.

    More >>
Powered by Frankly