It looks like DeKalb is going to carry out proper oversight over this tax incentive.
The agreement gave Target a five-year property tax abatement for its distribution center in Park 88, in which 90 percent of taxes would not be collected the first full tax year after the building began operations, 80 percent the second year, 70 percent the third year, 60 percent the fourth year and 50 percent the fifth year.
As part of the deal, Target was to employ at least 500 full-time workers at the distribution center through Nov. 1, 2009. In property tax year 2009, 434 people were employed, and city officials want to repeal the agreement for that tax year, thus getting the full amount of property taxes paid
Click on the following for more details: Tax districts to consider revoking agreement with Target | Daily Chronicle
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