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Biloxi council narrows ad valorem exemption to allow downtown residential projects of four-plus units
Summary
On second reading the Biloxi City Council approved a change to the city—s ad valorem tax exemption rules so developers may apply for abatements for residential projects of at least four dwelling units in the downtown zone; the ordinance passed 5-2.
The Biloxi City Council on second reading approved an ordinance amending the city—s ad valorem tax exemption program to allow certain residential structures to apply for abatements if they are in the downtown zone and contain at least four dwelling units. The motion to adopt the substitute ordinance was made by Councilman Glavin and seconded by Councilman Guynes; the ordinance passed on a 5-2 vote with Councilmen Tisdale and Lawrence recorded in opposition.
City staff told the council the existing ordinance excluded residential structures from eligibility and was written shortly after…
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