Description
BUNDLED W/1436,1430,1410,1440 HANCOCK,4827,4817,4811,LINCON, 4805,4806,4814,4830,4822,4808 TRUMBELL= $325,000.NOT SOLD SEPERATELY.BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN), HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR COMMERICAL INVESTMENTS & JOB CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY.THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE & DEVELOPMENT FINANCING.PLEASE SEE ATTACHED DOCUMENTS FOR REQUIREMENTS & OFFER SUBMISSION INFORMATION.
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0BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
Description
BUNDLED W/1436,1430,1410,1440 HANCOCK,4827,4817,4811,LINCON, 4805,4806,4814,4830,4822,4808 TRUMBELL= $325,000.NOT SOLD SEPERATELY.BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN), HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR COMMERICAL INVESTMENTS & JOB CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY.THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE & DEVELOPMENT FINANCING.PLEASE SEE ATTACHED DOCUMENTS FOR REQUIREMENTS & OFFER SUBMISSION INFORMATION.
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Data last updated: 2022-05-27T23:46:49.573.