Council committee reviews Town Green tax‑incentive assignment; staff asks to place revised tax incentive agreement on consent agenda

City development staff told the Douglasville City Council on April 16 that the Town Green mixed‑use downtown project — previously approved in inducement for Norhaven Partners — is seeking to have its inducement and tax‑incentive agreement assigned to a project‑specific LLC, Douglasville TG Owner LLC. Breezy Stratton of the City Development Authority said the change reflects the project's formation of a project‑specific owner entity (TG Owner) and does not alter the substance of the inducement approved in September 2025.

Stratton described the project as a mixed‑use residential and multifamily development expected to generate roughly $65 million in capital investment and a minimum of six full‑time jobs paying at least $20 per hour. The tax incentive schedule presented included 100% property‑tax abatement during construction and a 10‑year post‑construction schedule: years 1–4 an additional 100% (per the inducement text as read), years 5–7 at 80%, and years 8–9 at 50% (with year 1 defined as the earlier of Jan. 1 after certificate of occupancy or Jan. 1, 2028). Stratton said the agreement includes performance measurements and clawback provisions: if the developer’s commitments (investment, job creation, wage thresholds) fall below an 80% threshold in a given year, the city may pursue repayment for the benefits received.

Councilmembers asked clarifying questions about construction timing and certificate of occupancy triggers; staff said construction was anticipated to start in spring and that occupancy was likely in 2027, making the incentive schedule effective as described. Mayor Pro Tem Terry Miller and others supported placing the revised agreement on the consent agenda for Monday. No final action was taken at the work session; the item was slated for placement on Monday’s consent docket for formal action.