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Lake City opts out of Live Local Act tax exemption, city leaders cite local control and housing supply analysis
Summary
The council voted to opt out of the Live Local Act property-tax exemption (Resolution 2025-042), citing regional data indicating a surplus of affordable housing in the Northeast non-metropolitan statistical area and concerns about loss of local land-use control and public input.
The Lake City Council voted to opt out of the property-tax exemption provided under the state’s Live Local Act, adopting Resolution 2025-042 during Monday’s meeting.
City Attorney Clay Martin explained the opt-out applies only to the Live Local Act’s tax-exemption provision. He said the statutory opt-out is permitted where a demographic study — in this case conducted for the Northeast…
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