This resolution authorizes the Metropolitan Development and Housing Agency to negotiate and enter into a Payment In Lieu Of Taxes (PILOT) agreement for the Skyline Ridge Apartments, a multi-family housing project located at 0 Skyline Ridge Drive. It allows the agency to accept payments instead of traditional ad valorem property taxes for this development.
A resolution authorizing the Metropolitan Development and Housing Agency to negotiate and enter into a PILOT Agreement and accept payments in lieu of ad valorem taxes with respect to a multi-family housing project located at 0 Skyline Ridge Drive known as Skyline Ridge Apartments.
What it does
- 1Authorization for the Metropolitan Development and Housing Agency to negotiate a PILOT agreement.
- 2Acceptance of payments in lieu of ad valorem taxes for the Skyline Ridge Apartments project.
- 3Application of the PILOT agreement specifically to the multi-family housing project at 0 Skyline Ridge Drive.
This resolution authorizes the Metropolitan Development and Housing Agency to negotiate and enter into a Payment In Lieu Of Taxes (PILOT) agreement for the Skyline Ridge Apartments, a multi-family housing project located at 0 Skyline Ridge Drive. It allows the agency to accept payments instead of traditional ad valorem property taxes for this development.
Activity timeline
- New documentImpact 10
New other: Agreement
Legislative history
Get alerts when RS2026-2231 changes
LegisGo tracks every amendment, substitute, and vote on Metro Council legislation. Free to sign up. Alerts are instant or in a daily digest.
No credit card. Nashville Metro Council coverage is free during launch.