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OC Today-Dispatch JUNE 7, 2024
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PHOTO COURTESY GREGORY POULOS
FLYING LESSONS A bull rider prepares to land after losing his connection to the bull he drew in Professional Bull Riding competition at the Ocean City Inlet parking lot last weekend. The three-day event brought scores of riders and at least 120 bulls to Ocean City for a series the PBR hopes to be able present on an annual basis.
School bd. contracts busted A budget that came up $1.6 million less than what the board of education asked for next year has left the board unable to honor its agreements with teachers and support staff. So it’s back to the negotiating table. — Page 80
Monster trucks out, Broncos in for Oct. show Logistics problem blamed for event’s cancellation, so now a Bronco car rally will move into its slot on the calendar — Page 15
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OC Today-Dispatch
JUNE 7, 2024
JUNE 7, 2024
OC Today-Dispatch
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Ocean City Council extends primary residence program Two-year trial project leads to 24 properties being built or substantially improved By Bethany Hooper Associate Editor (June 7, 2024) The council voted this week to extend an incentive program that encourage homeownership in Ocean City. On Monday, the council voted unanimously to extend the town’s Primary Residence Incentive Program, which is set to expire on June 30. During its May 28 work session, the council agreed to make the pilot program a permanent fixture. “This is extending the primary residence incentive program that was previously established by Resolution 2020-09, and this was presented to you at the last work session,” City Solicitor Heather Stansbury said. Last week, staff came before the Mayor and Council with a request to extend the Primary Residence Incentive Program, a pilot program to encourage full-time homeownership in Ocean City. Simply put, the program lowers
the cost of a new primary residence by waiving certain building permit fees up to $7,500 and refunding certain local property taxes up to $2,500. In 2022, the pilot program was renewed for another two years. With that extension set to expire in June, staff came before the Mayor and Council last week with a request to extend the program once again. Neville noted that since its inception, the incentive program has resulted in more than 70 applications and 24 new or substantially improved homes, along with property tax rebates once primary residency is confirmed. While implementing the program has cost nearly $300,000, Neville said it had resulted in a new or improved residential construction value of more than $8 million. After a lengthy discussion about the success of the program and the current discounts offered, the council last week voted to make the incentive program permanent and to have the council evaluate incentives on a yearly basis. This week’s resolution was a result of that vote.
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