Mainella
FAIRMONT â The Fairmont City Council held four public hearings at their regularly scheduled meeting on Tuesday. City Attorney Kevin Sansalone spoke in favor during all four public hearings.
The first ordinance offered a tax credit for owner occupied dwellings constructed within the city. The ordinance was approved by the cityâs Home Rule Board in April.
In the body of the ordinance is a chart that provides the number of units that have to be constructed which corresponds the length of time which the credit is to be given. Then the percentages of the credit are set by the number of units and the number of years.
Feb 24, 2021
Del. Guy Ward, R-Marion, posted this photo of a hallway inside the John Manchin Center long-term care facility after he and other state lawmakers toured the center Saturday. SUBMITTED PHOTO
FAIRMONT â City Council held two public hearings about its Home Rule Plan at Tuesdayâs meeting.
âThe City of Fairmont desires via itâs proposed Home Rule Plan amendment to expand itâs business and occupation tax credits to provide credits for which are unrelated to new and or expanding businesses,â said Valerie Means, Fairmont city manager.
The City of Fairmont created expanded B&O tax credits through its original approved Home Rule Plan in 2014. The amendment presented Tuesday would offer additional credits against the construction B&O taxes for residential development within the city.