Lubbock Free Radical

Amortization, in a nutshell


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Why is amortization important? There may be zoning changes in the near future, two Universal Development Codes (UDC) meetings are coming up at the end of this month and next, but without an amortization statute even if the zoning changes, older industrial plants would be grandfathered in with few ways to move them. In this mini-episode, we explain what amortization is and why it's an important tool in getting rid of industrial zoning around residential areas in North and East Lubbock.

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Lubbock Free RadicalBy Lubbock Free Radical

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