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Inwood considers changing tax-abatement plan for proposed apartment on North End Subdivision
Summary
The council recorded that Andrew Spaans is researching an apartment building for Lot 1 of North End Subdivision; a possible state grant could support it but the city's Residential Property Tax Abatement Plan would need revision to allow a 10-year abatement for multi-family property.
Minutes from Inwood's Feb. 10 council meeting note that "Andrew Spaans is researching options to build an apartment building on Lot 1 of North End Subdivision." The record adds that a state grant may be possible, but the city's Residential Property Tax Abatement Plan would have to be amended to permit a 10-year abatement for multi-family property.
The minutes do not attribute the project update to a particular speaker in the transcript; the council packet indicates the item remains in a research stage. The record also says DGR Engineering representatives Miriam Martens and Gary Kurth will prepare information on sump pump regulations and proper installation and that a community meeting on that subject is scheduled for April.
No ordinance or formal amendment was introduced at the Feb. 10 meeting; the minutes show discussion and staff follow-up only. Any change to the tax-abatement plan would require formal amendment of the plan and subsequent council action. The record lists next steps as continued research and outreach to the community.
