Regarding the City of Snohomish’s proposed multi-family tax exemption, the only person who will benefit will be Craig Skotdal, who will buy the Midtown nine acres. The City Council, is willing to give up tax revenue, in exchange for Skotdal supplying housing in Snohomish. Who do you think will make up for the lost revenue? You and me. Does the city really owe people a place to live? Do the people living in town, want denser housing? No. Do we want to become another Lake Stevens? How about another Marysville?
This tax break could last 12 years. During that same time, our people will be subject to three school levies. Property taxes will increase during that same 12 years. And of course inflation comes into your lives. Even if Skotdal does not get this tax “hall pass” he will go ahead and build a five-story square box any how. So why give him a break? When was the last time you were tax exempt?
Bruce A. Ferguson
Snohomish
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