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Gulfport adopts citywide commercial tax-abatement program, council retains annual vetting role
Summary
The Gulfport City Council unanimously adopted a 9-page ordinance establishing a citywide tax-abatement program for commercial redevelopment, setting application vetting by the finance director and reserving to the council the final approval and the ability to set abatement length (state law limits exemptions to seven years).
The Gulfport City Council unanimously adopted an ordinance creating a citywide commercial tax-abatement program designed to incentivize redevelopment along key corridors.
The 9-page ordinance lays out minimum application criteria, requires vetting by the director of finance and accounting, and directs the council to consider each recommended application before granting any exemption. City staff and the ordinance drafter briefed council members on the process and eligibility rules.
"The director of finance and accounting…
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