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Fairfax council adopts emergency extension for CRA tax-exemption with FCA Realty
Village of Fairfax council · February 17, 2021
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Summary
The Village of Fairfax council unanimously adopted Ordinance 4-2021, a fourth amended CRA agreement extension with FCA Realty (Chrysler) intended to extend the tax-exemption timeline through March 8 while the buyer and seller finalize closing.
The Village of Fairfax council on Feb. 16 adopted Ordinance 4-2021, authorizing the village administrator to execute a fourth amended and restated Community Reinvestment Area (CRA) agreement with FCA Realty, LLC (Chrysler) and declaring an emergency.
The ordinance, described by the village administrator as a final requested extension,…
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