Neighborhood Revitalization Program subject to renewal
For the last 20 years the cities of Lincoln and Sylvan Grove have participated in the Neighborhood Revitalization Plan (NRP) pursuant to K.S.A. 12-17, 114 et seq. This plan is intended to spur economic growth by providing a property tax rebate to property owners who make qualified improvements to residential or commercial properties within the city limits of either town. The NRP plan is renewable every four years. Lincoln’s current plan expires December 31, 2020.
The property tax rebate is based on the increase in the value of the property after improvements are completed. In Lincoln, total project costs must be no less than $20,000 and increase the value of the property by 20 percent. The current plan can be found at http://www.livelincolncounty.com/nrp.
At their regular August meeting held August 10, the Lincoln city council adopted Resolution 20-05 that provides notice of consideration of the plan renewal and a public hearing for public comments at a meeting set for September 14, 2020 at 8:00 p.m. in the council meeting room at City Hall.
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