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Santa Monica Looking to Recoup Loses from Historic Properties Tax Breaks

The proposal is still in a the early stages.

Officials in Santa Monica are looking ways to cap the tax breaks historic properties receive and recoup some of those lost revenues, the Santa Monica Lookout reports.

Officials stressed that the proposed $25,000 a year cap is still in early preliminary stages.

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patrice marquez December 12, 2013 at 10:49 AM
Proof reader needed !

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