Tugalo Lake Topics: Is this old news??
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Name:   boataholic The author of this post is registered as a member - Email Member
Subject:   Is this old news??
Date:   2/26/2008 3:15:37 PM

I'm guessing the Improvement District was created under the authority of the Code of Alabama 11-99A-4. A key provision in the second sentence of the law says "The owners shall prepare a written petition executed by the owners of all land proposed to be included within the district." The rumor of taxing past Russell home buyers doesn't seem likely.

I don't have time to read all of 11-99A right now but I did notice the District gets a bunch of State tax exemptions also.
Other messages in this thread:View Entire Thread
Is this old news?? - UncleSam - 2/26/2008 12:33:38 PM
     Is this old news?? - Feb - 2/26/2008 12:45:31 PM
     Is this old news?? - au67 - 2/26/2008 1:28:17 PM
          Is this old news?? - boataholic - 2/26/2008 3:15:37 PM
     Is this old news?? - LifeTime Laker - 2/26/2008 2:11:04 PM
          Is this old news?? - 8hcap - 2/27/2008 9:38:32 PM
               Is this old news?? - Catherine - 2/28/2008 9:51:35 AM
                    Is this old news?? - 8hcap - 2/28/2008 12:47:04 PM



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