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Evergreen Associates seeks first use of Frostburg’s rehab commercial-structure tax credit
Summary
Evergreen Associates submitted the city's first application for the rehabilitation of commercial structures tax credit, seeking credit for qualifying safety and access improvements (items discussed included a 4‑inch water tap linked to fire suppression and architectural fees). Council asked staff for clarifications before any approval.
Evergreen Associates has applied to use Frostburg’s rehabilitation commercial‑structures tax credit — a program on the books since 2019 but not previously used — to support adaptive reuse and safety/access upgrades to an existing commercial building.
Staff said the company listed qualifying investments of roughly $411,800; the local tax credit would be capped at 50 percent of qualifying investment and granted in equal installments over 10 years, subject to applicable limits and review. Council members asked staff to verify specific line items, including whether architectural and engineering fees should be partially included and whether a 4‑inch water tap (likely tied to fire suppression) is necessary and properly documented.
Staff advised the council that Jamie reviewed the application and identified required documentation. Council did not vote on the application at the work session; staff will seek additional clarifications and return with recommended language for a resolution when the council is ready to act.
