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Commissioners table decision on Athens tax reinvestment zone participation pending legal clarifications
Summary
Henderson County Commissioners discussed a proposed participation agreement with the City of Athens for a Tax Reinvestment Zone (TIRZ) that would commit 35% of county incremental tax revenue for 15 years but asked county attorneys to resolve questions — notably whether hospital property in the zone would be rebated — before taking action.
The Henderson County Commissioners Court declined to take action on a proposed participation agreement joining the City of Athens’ recently created Tax Reinvestment Zone (TIRZ), asking county attorneys to clarify development and tax‑rebate details before the court signs an agreement.
County and city representatives described a draft agreement that would direct 35% of county property tax revenue above a designated base year into a reinvestment fund for 15 years for public works and infrastructure in the TIRZ area; the city’s portion in the draft is 50%. The draft excludes new single‑family residential construction from the rebate…
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