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City officials are optimistic the substantial abatements will encourage property owner to pursue improvements to their homes or businesses. Through the program, the council is choosing to forego some property tax revenue in the short term to incentivize growth and expand the community’s tax base. Peterson says the current economic conditions make the incentives even more attractive. The council unanimously approved the plan Monday night, but Peterson says they will not be able to begin offering the abatements until sometime in mid-June at the earliest. The plan needs to be adopted as an ordinance, which takes a minimum of three readings. She expects the third and final reading to be approved or waived as quickly as possible. To learn more tax abatement eligibility, contact Glidden City Hall at 712-659-3010.

Brooke petersonGlidden city councilUrban revitalizationGlidden city hallப்ரூக் பீட்டர்சன்கிலிட்தேன் நகரம் சபைநகர்ப்புற புத்துயிர்கிலிட்தேன் நகரம் மண்டபம்