Madre Nelliston LLC PILOT agreement
Summary
The IDA-backed project gets a non-standard PILOT tax structure in exchange for putting a likely-unused piece of real estate back to work. Committee members acknowledged the concession but found it a good trade.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jan 20, 2026.
Impact analysis
County property tax revenue from the parcel will be structured differently than under a standard PILOT.
The business taking on the project and the community if the unused site is revived.
Taxpayers forego some revenue under the concessionary PILOT structure.
Mentions & discussions (1)
Related development
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