tax abatement!
tAKE ADVANTAGE OF THE 9 YEAR TAX ABATEMENT AT wATERBURY cOMMONS!
With 100% abatement on the improvement value in years 1-6.
Years 1-6 = 100% Abatement
Year 7 = 75% Abatement
Year 8 = 50% Abatement
Year 9 = 25% Abatement
Year 10 = Full Taxes
Note: Abatement is only on the portion of assessed value added by new construction and improvements.