Partial Tax Exemption Approved for Bridge Meadows
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Description
Beaverton City Council approved a partial property tax exemption for Bridge Meadows, covering 40 of 41 affordable housing units, with an estimated savings of $19,663.42 for FY 2024-25. The exemption supports resident counseling and community activities.
Contract Details
Contract Amount
$19,663.42 (estimated foregone tax revenue FY 2024-25)
Vendor
BRIDGE MEADOWS
Agency
Town of Beaverton, AL
Contract Type
OTHER
Document Date
April 16, 2024
Contract Term
FY 2024-25
Renewal Date
2025-06-30
Renewal Info
Partial exemption renewable annually on application by provider.
More from BRIDGE MEADOWS
More from Town of Beaverton
town-of-beaverton-agenda-2025-06-17_80c.pdf
town-of-beaverton-agenda-2025-06-17_80c.pdf
town-of-beaverton-agenda-bill-2025-06-17_fdb.pdf
town-of-beaverton-agenda-bill-2025-06-17_fdb.pdf
town-of-beavertoncouncil-agenda-bill2025-06-17_303.pdf
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