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Commissioner seeks detailed review after board votes tax-exempt status for Wilkes Villa project
Summary
A commissioner asked the board to require developers to explain unusually high per-unit and per-square-foot costs for a 174-unit Wilkes Villa renovation before future tax exemption votes.
After the board took a vote earlier this month to grant tax-exempt status for the Wilkes Villa project, a commissioner raised questions at the Sept. 26 meeting about the project’s cost estimates and asked for more due diligence before similar future votes.
The commissioner said the project is 174 units with a $69 million total cost as presented to the county, and that those figures imply roughly $396,000 per…
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