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Council member recuses; Mu Lambda Foundation tax-exemption bill placed on nonconsent agenda
Summary
A council member recused from consideration of Bill 26-221, which seeks a 30‑year real property tax exemption for Mu Lambda Foundation’s Bloomingdale property; the committee moved the print and placed the measure on the nonconsent agenda for March 3 after unanimous approval to move the report with leave for staff.
Chair introduced Bill 26-221 to amend the tax code (Title 47) to exempt the Mu Lambda Foundation's property at 2405 1st Street NW from real property taxes for 30 years, effective 10/01/2025 through 09/30/2055, so long as the property is owned and used by the foundation for charitable and educational purposes. The chair said the fiscal impact…
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