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Is there a limit to the number or size of TADs Atlanta may create?

April 26, 2017create limit size

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Is there a limit to the number or size of TADs Atlanta may create?

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According to the Georgia Redevelopment Powers Law, the City cannot create a new TAD if the total taxable value of the existing TADs plus the proposed TAD is greater than 10 percent of the tax digest (total value of taxable property) for the City. We have met that limit in Atlanta, so no new TADs can be created at present.