Resident urges Jamestown to reopen PILOT terms as investor presses for 0% escalator At Jamestowns Feb. 23 council session a resident questioned a negotiated PILOT payment for a proposed $77 million, 10‑unit project, urging an escalator clause; an investor representative said lenders require the current 0% increase term to close financing.

A Jamestown resident is challenging a $77 million construction project's tax deal, arguing it could undervalue future city revenue without an inflationary escalator.

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