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AG takes Tempe to court over lease agreements with developers
The Attorney General’s Office wants the Arizona Supreme Court to weigh in on whether property tax incentives in lease agreements that the City of Tempe signed with several developers violate state law.
Commercial real estate industry secures major wins in 2018 session
The biggest victory was a grand compromise on GPLET (Government Property Lease Excise Tax) reform. A unanimous deal was struck between developers, cities and tax watchdogs on the long-term retention of the 8-year property tax abatement and narrowing the application in the future to a capped land mass contained in a central business district (CBD) within a city. HB2126 passed virtually unanimously [...]
Leach sics AG on Tempe over allegation of illegal tax breaks
Rep. Vince Leach has followed through on a threat to ask the Attorney General’s Office to investigate whether Tempe broke the law in signing two lease agreements with developers he alleges received illegal tax breaks.
GOP Lawmaker to Tempe: Do as I say or tell it to the AG
A Tucson Republican is threatening to sic the Attorney General’s Office on Tempe if the city doesn’t update two lease agreements with developers he alleges received illegal tax breaks.
