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Woodlands Township adopts county-aligned tax abatement guidelines; minimum investment and job requirements remain
Summary
The board approved Resolution 00925 adopting the county's tax abatement guidelines, aligning the township's timeline and criteria with Montgomery County and setting minimum investment thresholds and job requirements for potential abatements.
The Woodlands Township Board of Directors voted May 28 to adopt Resolution 00925 to align the township's tax abatement guidelines and criteria with recent Montgomery County standards.
Why it matters: The guidelines set the threshold for when the township may consider property tax abatements as an economic development tool. They do not create an abatement on any property; they only establish the criteria the board would use if a specific abatement request arrives.
What the proposal said: Township staff…
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