The Mecklenburg County Commission will get an update on the county’s 2011 property revaluation at its meeting Wednesday night. The meeting also will include a vote on a $1.34 million in economic development grant to Time Warner Cable, which is promising to build a giant data center in Charlotte.
The meeting begins at 6 p.m. at the Charlotte-Mecklenburg Government Center, 600 E. Fourth St., Charlotte. A preliminary meeting and closed session will begin at 5 p.m. in the chamber conference room.
Assessor Garrett Alexander is scheduled to give the board an update on the revaluation, including appeals, which are continuing. David Baker, director of the N.C. Department of Revenue Property Tax Section, also will address the board. He’ll compare Mecklenburg County’s revaluation to those in other NC counties, and to industry standards. ?
Property owners have appealed the new assessments on a total of 42,539 properties, or 12 percent of the total, according to the assessor’s office. In his presentation, Mr. Alexander also will tell the board the county is on track to complete an informal review of all appeals in October.
Some local politicians have attacked the revaluation process, saying it hasn’t properly valued many properties. Other officials have argued that many values rose sharply because the county delayed the revaluation for too long. Last winter’s revaluation was the first in Mecklenburg in 8 years – the maximum length between revaluations allowed under state law.
Also Wednesday night, county commissioners will vote on approval of a $1.34 million Business Investment Program grant to Time Warner Cable. The money is the county’s portion of a $2 million grant rewarding the cable giant for a pledge to expand its local operations in Charlotte.
In July, Time Warner announced plans to build a new 178,000-square-foot data center in Charlotte, creating 225 jobs. Terms of the grant require the cable company to invest at least $156 million and create 220 jobs.
See the agenda on the county website, including links to Mr. Alexander’s presentation and other documents.
The meeting will air on the local government channel on MI-Connection Communications System and Time Warner Cable system, or online at http://charmeck.org/mecklenburg/county/BOCC/Meetings/Pages/View.aspx