Borough of Gibbsboro Council Meeting Minutes March 25 2026
Council Approves Five-Year Tax Agreement With D.R. Horton
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Description
Gibbsboro Council authorized the Mayor to execute a five-year tax exemption and abatement agreement with D.R. Horton, Inc. New Jersey under state law. The tax agreement supports development of specified properties in the Borough.
Contract Details
Vendor
D.R. HORTON INC NEW JERSEY
Agency
Borough of Gibbsboro, NJ
Contract Type
OTHER
Document Date
March 25, 2026
Contract Term
Five-year exemption and abatement period
Renewal Info
Initial five-year tax exemption and abatement term under N.J.S.A. 40A:21-1 et seq.; any extensions or renewals not specified.
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