Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Alpharetta development authority says Fiserv tax-abatement bond has concluded, property to revert to lessee
Summary
Staff told the Development Authority that taxable revenue bonds issued to Fiserv and Cobalt Office Partners have reached their term (December 2025); bond counsel is finalizing paperwork to cancel the bonds, end the lease and return the property to the lessee, and the Fulton County assessor has been notified.
Alpharetta — Staff told the Development Authority of Alpharetta that the taxable revenue bonds issued to Fiserv and Cobalt Office Partners have reached their term and the authority does not expect further action.
Diana Romano, who presented the item, said the bonds were issued in 2014 to secure an ad valorem tax incentive for a multiuse facility. Construction and improvements were…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
