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Becker Renaissance Zone

Becker Renaissance Zone

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Rob Port
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0% found this document useful (0 votes)
294 views1 page

Becker Renaissance Zone

Becker Renaissance Zone

Uploaded by

Rob Port
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
spans Jason Tomanek Bismarck ity Planner 70 Box 5503, Bismarck NO $8506-5503 Riki Roehrich Department of Commerce 1600 € Century Ave, Suite 2 Biemarck ND 58503 Dear Jason and Rk, i'm writing to formally request a rescindment of my Renalssance Zone projec status for Humpback Sal’, LLC (dba HSL Hospitality). | have been a proponent in lltng ces to temporary forego ‘property tax 28 8 means of improving specific areas for whic there are concerns for bight or other city concerns. Overall itcan actually be viewed a good investment by the cty by increasing the net revenue Injust afew short years. Asa city issue, t keeps it lose to the people who can show their favor or disfavor for the program and related decslons more easly and directly to ther respective city commission and boards ‘on the other nang, have never been an advocate forthe aspect of income tax abatement as partof the ‘package. Contrary othe property tax component, the income tax component is more centralized, and fect all ofthe citizens of North Dakota Originally HSL was owned by several investors, some of whom wanted to apply fr the program. Although | appreciate your time and effort on that application, due to those specific investors no longer being associate with HS, | must now revert to my original preference of foregoing the opportunity of thing advantage ofthe income tax benefits ofthe program, [Asan owner of HSL, | apologize for wasting your time on this matter, Please contact me with concerns, of theres more paperwork for me to complete. lease aso, send confirmation ofthe rescindment. Fick Be

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