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Monroe County discussion moves to reduce tax abatement for APHOR HealthCo
Summary
Participants at a Monroe County meeting moved to reduce a previously approved five-year, 50% payment-in-lieu-of-taxes (PILOT) for APHOR HealthCo to 35% after updated investment and job estimates; a roll call was requested but no recorded vote appears in the transcript.
At a Monroe County meeting participants moved to reduce a proposed payment-in-lieu-of-taxes (PILOT) for APHOR HealthCo, changing a previously approved 50% five-year abatement to a proposed 35%.
The change was introduced as part of a resolution delegating authority to the Industrial Development Board to negotiate and accept payments in lieu of taxes, "as defined by the Tennessee code," Speaker 2 said. Speaker 2 also stated, "We are reducing…
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