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Land Bank raises exemption threshold - The Martha s Vineyard Times

The Martha’s Vineyard Land Bank Commission unanimously approved increasing the threshold that exempts first-time homebuyers from having to pay the 2 percent transfer fee. The M exemption threshold is set by the Land Bank Commission annually in December. During a meeting Monday, commissioners approved raising the exemption from $595,000 to $715,000. It comes as the […]

How the Land Bank calculates its exemption threshold - The Martha s Vineyard Times

Throughout the pandemic, the real estate market on Martha’s Vineyard has been red hot. The significant rise in real estate prices and flurry of weekly transactions have generated high revenues for the Martha’s Vineyard Land Bank. Established by an act of the state legislature in 1986, the Land Bank’s income comes from a 2 percent […]

Little Rock board paves way for Chick-Fil-A on Broadway

Little Rock board paves way for Chick-Fil-A on Broadway FRANK SCOTT JR. (file photo) Brian Chilson The Little Rock Board of Directors voted Tuesday to grant Chick-Fil-A a franchise over city right of way along Seventh Street and Broadway streets. The property includes an alley in the middle of the block, for what is to be primarily a drive-through business on property that once included a McDonald’s and a strip of older commercial buildings on Seventh. Advertisement City Director Kathy Webb, who attends church at nearby First Methodist Church, spoke against the ordinance. She said she lived near the Chick-Fil-A on Markham and noted the frequent traffic problems there. She worried about how the traffic flow at the downtown location might impact the church’s Child Development Center.

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