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Board approves tax‑exempt status for TCF MOB Inc. to support new Carilion clinic
Summary
Tazewell County granted tax‑exempt status to TCF MOB Incorporated (associated with the Tazewell Community Foundation) for a medical office building tied to a new Carilion clinic; staff estimated annual tax revenue loss of about $21,487 but emphasized projected economic and health‑access benefits.
The Tazewell County Board of Supervisors voted on June 25 to grant real‑estate tax exemption to TCF MOB Incorporated, the nonprofit entity affiliated with the Tazewell Community Foundation that owns the medical office building next to the food line (the new Carilion clinic site). County staff walked the board through the application and recommended approval, saying the applicant met the statutory criteria for exemption and describing the projected community impact.
Staff noted the approximate annual tax revenue forgone would be $21,487.26. At the hearing, staff also cited an economic‑impact estimate prepared earlier for a smaller version of the project that projected roughly $2.5 million in one‑time construction impact and another $2.5 million in ongoing annual operations; staff said the current facility is larger than the project used for that study and is expected to generate greater impact.
Several supervisors cited past county investments in local health‑care expansion, including prior grants and pandemic‑era telemedicine spending, and framed the exemption as a complement to broader county efforts to improve access to medical services — a local economic‑development and quality‑of‑life priority. One supervisor expressed caution about cumulative tax‑exempt requests overall but supported the TCF MOB exemption given the facility’s stated health‑care mission and the county’s prior investments.
The board adopted the ordinance granting exemption; staff recorded the decision in the minutes and noted the exemption would automatically revert if the facility ceased to provide medical services.
What happens next: Staff will include the ordinance and the applicant’s letter in the minutes and monitor the facility’s use to ensure continued eligibility for the exemption.
(Reporting note: the transcript records the $21,487.26 estimate and staff’s presentation of an earlier economic impact study.)
