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Lebanon committee backs tax-rebate deal to help Creekide Bar & Grill open
Summary
Committee members agreed by consensus to approve two ordinances authorizing a tax-rebate economic incentive for Creekide Bar & Grill that will rebate retailers occupational taxes to reimburse certain development costs; the agreement includes repayment provisions and raises questions about liability for a private sewer connection.
The Lebanon City committee signaled consensus to approve two ordinances that would authorize a retailers occupational tax-rebate economic incentive agreement with Creekide Bar & Grill, a measure designed to reimburse development costs through future sales-tax rebates.
The ordinances would (1) approve the tax-rebate incentive arrangement and (2) authorize the form of the economic incentive agreement between the…
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