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PROPERTY TAX ABATEMENT INFORMATION

Property tax abatements are phased out over a ten year period. Jackson Place Residents and business owners will have the following abatement of their units total tax bill:

YEAR	PERCENT OF PROPERTY TAX ABATEMENT
1	100%
2	95%
3	80%
4	65%
5	50%
6	40%
7	30%
8	20%
9	10%
10	5%