Wednesday, March 26, 2008

03/05 - Attorney General OKs deal

Slugline Attorney General OKs deal
Date: March 05, 2008
Section(s): Local News

When the Trammell Crow development deal surfaced last year, state Sen. Jeff Chapman, R-Brunswick, had questions.

He was concerned about a possible $10 million tax abatement between the Jekyll Island Authority and the developers.

But what Chapman referred to as "abatement" turned out to be a mere rent agreement between the authority and the developers, the state Attorney General's Office said Tuesday.

Chapman had asked for the opinion of the Attorney General.

"It was erroneous of Sen. Chapman to call it an abatement," said Russ Willard, director of communications for the Attorney General's office.

"It was a rent agreement that is reflective of the base amount of rent. It's a standard rent plan."

- Anna Ferguson,

The Brunswick News

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