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<br />SUBJECT: TAX INCENTIVE POLICY <br /> <br />34.00 <br /> <br />PAGE 3 OF 3 <br /> <br />9) If an exemption has been granted and the proj ect operator <br />wishes to locate the operation in another facility, the <br />exemption may be transferred to the new building if the value <br />of the new building is no more than 15% higher than that of <br />the building for which the exemption was originally granted or <br />if the capital investment in the project does not increase by <br />more than 20%. If the new building is more than 15% greater <br />in estimated value or the capital investment in the project <br />increases by more than 20%, the County Commission will <br />reconsider the exemption. <br /> <br />10) 100% exemptfon in years 6 through 10 for projects <br />manufacturing or processing a product from an agricultural <br />commodity may be available in unique or special circumstances <br />and will be evaluated on a case by case basis. <br /> <br />The Board of County Commissioners may waive any of these <br />requirements if they deem a business should receive additional <br />benefits for the good of the community. <br /> <br />HISTORICAL REFERENCE DATE: JUNE 5, 1995 <br />