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Franklin County to sell $119,553 in courthouse tax credits to Clocktower Tax Credits
Summary
Facilities Director Brandon Sands said the county will sell $119,553 in tax credits awarded for courthouse stonework; commissioners approved the sale to Clocktower Tax Credits at $0.91 on the dollar.
Brandon Sands, Facilities Director for Franklin County, told the commissioners the county had been awarded $119,553 in tax credits for courthouse stonework and solicited bids to sell those credits to reimburse the project. "The county was awarded $119,553 in tax credits to sell to reimburse the project," Sands said.
Commissioner Colton Waymire moved and Commissioner Ianne Dickinson seconded a motion to sell the $119,553 in credits to Clocktower Tax Credits at $0.91 on the dollar. All five commissioners voted yes and the sale was approved.
