Quote:
Originally Posted by Bubba  Smoll was required to stay out of it due to a conflict of interest.
This is actually probably one of the smartest things the city has done in years.
The property is valued around $1 million.
The fun center had good business, but couldn't pay the six figure property tax bill with the income it generated. Now that it is city owned it will be tax-exempt. |
That's a little inflated Bubba.
2005 was $44,317.64
2006 is $43,010.14
Whatever the taxes are/were, we're still gunna be paying, and paying, and paying for this.