1a. Tax exemption application-Tharaldson Ethanol Plant
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1a. Tax exemption application-Tharaldson Ethanol Plant
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2/27/2007 10:45:37 AM
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<br />SUBJECT: TAX INCENTIVE POLICY <br /> <br />34.00 <br /> <br />PAGE20F3 <br /> <br />5) Growth projections in the community must be verifiable through either the County <br />Assessor or County Auditor's Office. <br /> <br />6) Amount of exemption will be according to the following schedule adopted <br />by the County Commission on December 18, 2006: <br /> <br />Ad Valorem Tax Value and/or Gross Payroll Recommended <br />Abatement Schedule <br /> <br />Applicant Cateaorv A <br /> <br />$750,000 to $2,999,999 <br /> <br />$175,000 to <br />$1,199,999 <br /> <br />Applicant Cateaorv B <br /> <br />$3,000,000 to $9,999,999 <br /> <br />$1,200,000 to <br />$2,999,999 <br /> <br />Applicant Cateaorv C <br /> <br />$10,000,000 to $24,999,999 <br /> <br />$3,000,000 to <br />$4,499,999 <br /> <br />.'llII..._ -1 <br /> <br />Year 1: 100% <br />Year 2: 90% <br />Year 3: 90% <br />Year 4: 90% <br />Year 5: 90% <br /> <br />Year 1: 100% <br />Year 2: 90% <br />Year 3: 90% <br />Year 4: 90% <br />Year 5: 90% <br />Year 6: 70% <br />Year 7: 50% <br /> <br />Year 1: 100% <br />Year 2: 90% <br />Year 3: 90% <br />Year 4: 90% <br />Year 5: 90% <br />Year 6: 70% <br />Year 7: 60% <br />Year 8: 50% <br />Year 9: 40% <br />Year 10: 30% <br /> <br />.IIIIIL <br />
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