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Newport commissioners approve property-assessment moratoriums for two rehabilitation projects
Summary
The board approved a consent agenda that included seven items related to the 2024 homeownership development project and separately approved five-year property-assessment moratoriums for 733 Maple LLC and the 500 Grama Street restoration project; staff noted the moratoria affect city taxes only.
The Newport Board of Commissioners on Dec. 15 approved a consent agenda that included seven items tied to the 2024 homeownership development project and separately approved Commissioners Orders No. 83 and No. 84, each granting property-assessment moratoriums to support rehabilitation projects.
City staff explained the moratoriums allow property owners to lock in the Property…
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