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Anderson Economic Development Commission approves two residential tax abatements
Summary
The Anderson City Economic Development Commission approved two residential tax abatement resolutions July 10: a six-year abatement for a single-family home at 4604 Malice Boulevard and a three-year abatement for a lakefront lot at 3138 Waterway Boulevard. Both were approved by voice vote and will go on to the City Council.
The Anderson City Economic Development Commission approved two residential tax abatements at its July 10 meeting, granting a six-year abatement for a single-family home at 4604 Malice Boulevard and a three-year abatement for a lakefront lot at 3138 Waterway Boulevard.
The actions were taken by voice vote after brief presentations by the applicants. The first resolution, EDC08-25, covers a single-family residence for James Taylor, with an estimated construction cost of $250,000 and construction scheduled to commence on or before Dec. 31 of the stated year. Commissioners approved what the commission described as a…
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