|
Having trouble viewing this email? View it as a Web page.
The Central Business District (CBD), first adopted in 2012, was renewed in September by the Mayor and Council for an additional 10 years. This Spring, the Mayor and Council will determine the future of the CBD and how best to utilize the Government Property Lease Excise Tax (GPLET) as a tool to accomplish community goals. Arizona statute ARS § 42-6209(c) grants the City of Tucson authority to abate property tax for up to eight years if a property is located within a designated CBD and meets other specific criteria that would improve the property for economic development purposes.
The City’s earnest intention is to engage the community, with its rich and diverse perspectives, in the process. To that end, the Mayor and Council and the Office of Economic Initiatives will host a series of seven virtual meetings to engage the community in co-creating a shared vision for the future of the CBD. These 90 minute meetings will inform the Mayor and Council with regard to modification of CBD boundaries and GPLET requirements. Each meeting is hosted by a member of Council or the Mayor, however, community members may attend whichever meeting is most convenient.
Sign up to attend a virtual meeting here
And lastly, Happy New Year!!
|
