|Published:||Oct 15, 2012 6:00 PM EDT|
|Updated:||Oct 15, 2012 9:49 PM EDT|
NAPLES, Fla.- The Naples City Council said yes today to setting up a special taxing district in Park Shore to transform the 600 home community. Improvements include expanded lush landscaping and pavers, but beauty comes with a price-higher taxes for homeowners in the neighborhood.
An average home in the community is valued at 750-thousand dollars. If this project is approved, taxes would be an extra 180-dollars a year for the first four years. This project has the community divided. Naples Mayor said it will boost property values.
Residents will get a chance to vote on the beautification project and the higher taxes in April.