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Council sends tax-abatement policy for student housing and limited-service hotels to Economic Development Committee
Summary
Council directed the Economic Development Committee to discuss whether the city should continue offering tax incentives for student housing and for limited-service hotels (defined in the meeting as hotels without restaurants or full services).
Councilmembers on Feb. 12 referred a general policy discussion to the Economic Development Committee on whether Columbia should continue offering tax abatements for student special-exception student housing projects and for limited-service hotels.
The referral was made and approved in committee-referral business. The member introducing the referral asked for discussion of the city’s general path forward in offering tax incentives and whether council should continue providing them. Council clarified that "limited-service" hotels mean properties with no restaurant or similar guest services.
The referral passed by roll-call vote and the Economic Development Committee was asked to schedule the discussion and report back to council.
