Half Billion $ Tax Diversion: Westchase 380 is a ‘Synthetic TIRZ’ (Part Two)

Westchase District Aerial Shots

                      Image courtesy westchasedistrict.com UPDATE: The title was modified to correct the impression that this 380 abatement avoids the property tax revenue cap. It does not. In fact recent discussion and a proposal last year in the remaining months of the Parker Administration brought forward a proposal to convert this agreement to an actual TIRZ. TIRZ funds are not subject to the voter initiated, voter approved property tax cap. With

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