--- In AsburyPark@yahoogroups.com, "oakdorf" <[EMAIL PROTECTED]> wrote:
>
> MORE TAX ABATEMENTS-  here's how. 
> 
> Basis for this.
> 
> Within the redevelopment zone, the city is supposed to receive 
> payments of up to I thought around $SEVEN MILLON as new units were 
> constructed (sold and occuppied). I think the city received around 
> one or two million so far. Not sure what the next mark was for 
> payment. I think Dan or Werner may recall.
> 

The 500th or 600th C of O. Taxes on the other hand are not paid until
the units are SOLD.



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