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Presenter urges City of Perry to nominate census tracts for Opportunity Zones before April 30 deadline
Summary
A city presenter asked the council to nominate several census tracts in the City of Perry for Opportunity Zones 2 designation, noting current designations expire in 2027 and that the submission deadline to the governor is April 30; council members indicated support during discussion.
A presenter to the City of Perry council on March 10 asked the council to support submitting several census tracts for Opportunity Zones 2 designation, saying the governor’s office must receive nominations by April 30.
The presenter described Opportunity Zones as a capital-gains tax–based incentive for private investment, not a property-tax abatement. He identified census tracts 9503.01 and 9503.02 as priority areas inside city limits and mentioned additional…
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