In exchange, Prairie Point will make payments to the City to cover municipal services to those properties and maintain a Reserve Replacement Fund and Contingency Fund for maintenance needs of the Prairie Point neighborhood.
Community News in Middleton & Madison WI
Tax Exempt Agreement
In an agreement announced in October 2015, the City of Madison acknowledges Attic Angel Prairie Point as a Benevolent Retirement Home within the Wisconsin Statutes, therefore exempting these homes from future property taxes.