The Mayor and Tucson City Council tomorrow will consider offering an incentive for the Wildcat House Redevelopment Project. City staff is recommending the Council formalize the Government Property Lease Excise Tax (GPLET) incentive for the project after an Independent Financial and Economic Analysis determined the direct revenue benefit would be $2.7 million over eight years. The GPLET can provide up to eight years of property tax abatement.
The redevelopment would transform the 10,000-square-foot property on Stone Avenue into Brother John's Beer, Bourbon & BBQ. The Study Session begins at 2 p.m. in the Mayor and Council Chambers at City Hall. You also can watch the meeting live on Tucson 12.