Former GM plant on Boxwood Road to be demolished, Harvey Hanna says in exploratory plan Jeff Neiburg, The News Journal
After demolition of the near 3-million-square-foot facility, the Boxwood Road plant will be home to a business, fulfillment and distribution campus spread across four buildings with a smaller footprint than the previous structure.
Meantime back in the ranch Cowboy Merv is keeping the $$ card close to his chest. No one is talking about the property reassessment that lowers the value of this property whereas it would low school taxes to be paid, Who know what the property value will be after the demolition. But in the interim Red Clay will see less property taxes being paid from this property.
For Fiscal Year 07/01/2017 – 06/30/2018 TOTAL SCHOOL DISTRICT TAXES DUE 2,015,608.27
RED CLAY 38913100 2.31400 / 100 $900,449.13
NCC VOCATIONAL 38913100 0.16030 /100 $62,377.70
Total Current Tax $962,826.83
Prior Balance $907,570.23
TOTAL SCHOOL DISTRICT TAXES DUE $ 2,015,608.27
Tax History as of 5/5/2018 3:00:02 AM Do the math on what has been paid since Bill issues on 7/25/17
7/25/17 tax bill appears to be based on assessment value of 38913100 and this appears to be current assessment value: