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Resident raises conflict concerns as Kennesaw DDA considers Lazy Guy Distillery bonds-for-title request
Summary
A proposed 20‑year bonds-for-title/tax-abatement package for Lazy Guy Distillery was described to the council and scheduled for consideration by the downtown development authority; a resident publicly alleged potential conflicts because the owner is a KDDA member and the council’s KDDA liaison has a personal and employment relationship with him.
City staff briefed the Kennesaw mayor and council on a bonds-for-title / tax-abatement proposal for Lazy Guy Distillery’s planned King Street project, and the downtown development authority (DDA) is slated to consider the proposal this week.
An unidentified staff presenter said the owner seeks a long-term abatement plan that staff modeled over 20 years to capture enough savings to make the project financeable. The presenter said the abatement would exempt the new value for a period so the owner would continue to pay taxes on existing land (about $2,500 now) while the abatement applies to new value; staff estimated the gross abatement…
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