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TexasTowelie

(112,448 posts)
Wed Oct 26, 2016, 08:09 AM Oct 2016

Lawsuit Could Mean Hundreds Of Millions In Taxes Lost

The strategy is called "Dark Stores." Lowes is suing Bexar County to have its stores assessed as vacant empty buildings and not as vibrant profit generators.

Speaking on TPR's The Source on Tuesday Mary Kekei, the Bexar County deputy chief appraiser said this claim isn't credible - but that doesn't mean it won't work.

"It makes me very nervous - because they are deep pocketed a lot of appraisal districts are simply giving up and coming to some sort of agreement to lower their values."

Ben Gorzell, chief financial officer for the City of San Antonio said this lawsuit ruling would impact much of the commercial property in the city.

Read more: http://tpr.org/post/source-lawsuit-could-mean-hundreds-millions-taxes-lost

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Lawsuit Could Mean Hundreds Of Millions In Taxes Lost (Original Post) TexasTowelie Oct 2016 OP
Which Lowes is this? unc70 Oct 2016 #1
Municipalities could require a Planned Unit Development style zoning citood Oct 2016 #2

unc70

(6,121 posts)
1. Which Lowes is this?
Wed Oct 26, 2016, 10:04 AM
Oct 2016

Which Lowes is this? There are a bunch -- for example groceries, building supplies, etc. That building doesn't look like any of the different ones around here in NC.

citood

(550 posts)
2. Municipalities could require a Planned Unit Development style zoning
Wed Oct 26, 2016, 10:12 AM
Oct 2016

Instead of straight commercial zoning. This is usually justifiable due to the enormous square footage of big box stores, their large outdoor displays of product, large storage of product outdoors, and mixed use (many rent delivery trucks). This usually won't all fall into one category, so a PUD is justified...and the PUD could have a provision preventing deed restrictions against commercial use upon sale.

Why on earth would a city grant commercial zoning, and take on all the infrastructure responsibilities that come with it, if the big box is just going to put a deed restriction, which essentially means the site will only be commercial on a temporary basis - they should never agree to that.

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