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DeKalb County Council declares Carnahan Farms area in need of economic revitalization, approves tax abatement
Summary
The council voted 5-1 to declare Carnahan Farms an area in need of economic revitalization and to recommend tax abatements: one year for real property and three years for personal property; council asked attorney to prepare required documentation and set next steps for preliminary declaration and public hearing.
DeKalb County Council voted to declare the Carnahan Farms area “in need of economic revitalization” and approved a tax abatement recommendation for the property and equipment owned by Carnahan Farms.
The council approved the tax abatement after the tax abatement committee recommended one year of abatement for real property and three years for personal property. The motion to declare the area passed on a 5-1 vote.
The declaration…
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