The Greene and Greene County Debate $14.8 Million Tax

Jul 20, 2011

The Greene Town Center, LLC, believes it should be relieved of a $14.8 million dollar tax set aside for Greene County.

The Greene's owners filed a lawsuit in April against Greene County officials instructing the county to perform its legal duties according to the Feb. 1, 2005, contract that sets the terms to retire the letter of credit.

According to the Dayton Daily news, Owners of The Green believe they have met the conditions of that contract, but County Administrator Howard Poston disagrees. He says the company has not reached the agreed-upon amount to retire the letter of credit, and says that may be due to a simple misinterpretation