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Commissioners approve 75% site-improvement tax reductions for unsold lots in two subdivisions
Summary
The board approved 75% site-improvement reductions for remaining unsold lots in Teton Heights and Fieldstone Meadows Division 2 after staff explained the county applies a 75% reduction when applicant cost details are missing under statutory guidance.
At the start of the meeting the board considered site-improvement exemptions for new subdivisions and clarified how the county calculates reductions when applicants do not provide full construction-cost documentation. Staff (speaker 3) said that "by statute, we just do a 75% reduction" where required cost information is missing, and commissioners used that approach for the unsold lots in Teton Heights.
Commissioner (speaker 2) moved to approve the tax exemption for the remaining unsold lots in Teton Heights at a 75% reduction; Commissioner (speaker 4) seconded and the motion passed on roll call. Commissioners followed the same approach for Fieldstone Meadows Division 2, approving a 75% site-improvement exemption after brief discussion about which lots are developed and which remain at undeveloped-lot value.
Staff reminded the board that where roads and infrastructure are in place an applicant can submit a follow-up application for additional lots; otherwise the county applies the statutory reduction. The board did not require additional conditions beyond the standard application follow-up requirements for lots that are developed later.
