01. Fargo property tax incentive for NEX Senior, LLC
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01. Fargo property tax incentive for NEX Senior, LLC
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4/30/2024 2:37:24 PM
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FARGO PROPERTY TAX INCENTIVE <br />APPLICATION FOR <br />NEX SENIOR, LLC <br />(Jim Gilmour) <br /> <br /> <br />SUGGESTED MOTION: <br />Move to participate in the request for a payment in lieu of tax (PILOT) in the City of Fargo <br />submitted by NEX Senior, LLC on a new low-income housing apartment building located at 1728 <br />South 42nd Street in Fargo for up to a 17 year period. <br /> <br />OR <br /> <br />SUGGESTED MOTION: <br />Move to NOT participate in the request for a payment in lieu of tax (PILOT) in the City of Fargo <br />submitted by NEX Senior, LLC on a new low-income housing apartment building located at 1728 <br />South 42nd Street in Fargo for up to a 17 year period. <br /> <br />OR <br /> <br />SUGGESTED MOTION: <br />Move to NOT participate in the request for a payment in lieu of tax (PILOT) in the City of Fargo <br />submitted by NEX Senior, LLC on a new low-income housing apartment building located at 1728 <br />South 42nd Street in Fargo for up to a 17 year period and negotiate the terms of the property tax <br />incentive as described in N.D.C.C 40-05-24.
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