The Georgia Supreme Court ruled Monday that DeKalb County’s development authority needs voter approval to sell bonds to pay off debt on a new performing arts center. But the impact of the decision could be much broader, requiring a public referendum for virtually any bond issue, including a controversial proposal to help the Sembler Co. complete its Town of Brookhaven mixed-use project with tens of millions of dollars in tax breaks.
Gene Walker has resigned as chairman of the DeKalb County Development Authority, two months after an uproar over his dual role as a member of the authority and the DeKalb Board of Education. Walker stepped down just days after the authority released a draft of guidelines for issuing property tax breaks as incentives for new development in DeKalb. The guidelines give the DeKalb County Commission a seat at the table, but make no mention of the Board of Education.
The DeKalb County school board has dropped a suit seeking to block a controversial tax break sought by the Sembler Co. But the board still wants a say on any tax abatement being considered for the St. Petersburg, Fla.-based development firm.
A DeKalb County board this morning put off a decision on an unprecedented 20-year tax break sought for a retail-residential project in the Brookhaven area. The DeKalb Development Authority’s unanimous vote postpones final action while the county’s economic development staff regroups and comes up with guidelines for considering such tax deals. DeKalb CEO Burrell Ellis […]
The developer asking DeKalb County for a controversial $52 million tax break dumped $45,800 into the 2008 political campaigns of the officials who may make the call. The buzz in DeKalb has centered on nearly $20,000 in donations by The Sembler Co., its executives and family members, to school board member Gene Walker. Walker, who […]
DeKalb County government and schools would realize a net loss of $19 million in property taxes if the county grants a 20-year tax break for a Brookhaven project, a review of the developer’s request shows. The developer, The Sembler Co., says its completed residential and shopping complex would generate taxes and fees that would far […]