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Council reviews proposed small‑business sales‑tax incentive (Ordinance 75)
Summary
Council discussed declaring Ordinance 75 an emergency to enable a small‑business sales‑tax rebate program that would rebate up to 50% of qualifying investment for up to five years; staff said program details and eligibility are still being worked out.
The Council considered whether to declare Ordinance 75 an emergency and heard staff outline a proposed small‑business enhancement program that would rebate a portion of local sales tax to support business build‑outs and improvements.
Staff described the proposal as a sales‑tax rebate program that could return up to 50% of eligible investment for qualifying projects for a maximum of five years. Staff characterized the program as intended to support small business build‑outs (patios, parking conditions and other improvements) and said eligibility limits and program details are still being finalized.
Council members asked clarifying questions about program mechanics, duration and how rebates would be calculated. Staff emphasized the proposal is still under development and did not present a final ordinance text or a vote during the excerpt reviewed.
