The Union Recorder

Homepage

March 3, 2014

Development Authority says industry interest increasing

MILLEDGEVILLE —

The Milledgeville-Baldwin County Development Authority created a simple, yet enterprising industrial tax abatement schedule that will soon be approved by the City of Milledgeville.

The Baldwin County Commissioners and the board of education previously approved the schedule.

In partnership with legal counsel and Georgia Power, the Development Authority drafted three different schedules for tax incentive purposes. The tax abatement schedules cover five, 10 and 15 years.

This government granted action encourages capital investment by reducing or exempting a certain entity from taxes for a specified period to incentivize companies to locate here.

For example, incoming companies with minimum 25 permanent jobs and $10 million investment would qualify for the five-year, 50 jobs and up to $100 million makes the 10-year incentive schedule and at least 100 jobs with more than $100 million spent clicks the project into the 15-year abatement slot.

Milledgeville-Baldwin County Development Authority Executive Director Matt Poyner said during Tuesday’s City Council work session that several active industrial projects would qualify by bringing more than 300 new jobs.

“These schedules aren’t unique to Milledgeville and Baldwin County,” Poyner said. “We are in line with our competition. It’s another tool to market the community and allows me to negotiate without having to come back and forth to you.”

Mayor Richard Bentley said one particular company was more interested in money incentive than Milledgeville’s quality of life.

“We need to be on par with the rest of our peer cities,” Bentley said. 

The Milledgeville-Baldwin County Industrial Park is “showing well,” according to Poyner’s state feedback.

“We’ve had eight projects presented to us from the state in the last five months,” the DA director said Tuesday. “That’s more than we’ve had in the last six years. We are being aggressive on our end. This is another piece to show them that we are serious.”

Text Only
Local News
Morning update NEW.jpg

Features
SRC 5.jpg

The Teen Club, as part of the Twin Lakes Library System's Summer Reading Club, and Reference Supervisor Dabney Kinser do candy science experiments to finish up the science themed reading club experience.

Business
07-25 Chatter.JPG

Chatter Boutique owner Amber Patitucci shows off a new shipment of jewelry. The former educator turned businesswoman is celebrating one year of business. To commemorate the event, the store is featuring a birthday bash sale with items at half price.

Local Sports
Editorials
Columns
Letters
Local Weather Radar
Poll
AP Video
Raw: Japanese Soldiers Storm Beach in Exercises Raw: Weapons Fire Hits UN School in Gaza Raw: Rocket Launches Into Space With Cargo Ship Broken Water Main Floods UCLA Two Women Narrowly Avoid Being Hit by Train In Virginia, the Rise of a New Space Coast New Sanctions on Key Sectors of Russian Economy Crayola Announces Family Attraction in Orlando US Ready to Slap New Sanctions on Russia Kerry: Not Worried About Israeli Criticism Boater Rescued From Edge of Kentucky Dam Girl Struck by Plane on Florida Beach Dies Rodents Rampant in Gardens Around Louvre House to Vote on Slimmed-down Bill for Border Looming Demand Could Undercut Flight Safety Raw: 2 Shells Hit Fuel Tank at Gaza Power Plant Raw: Massive Explosions From Airstrikes in Gaza Giant Ketchup Bottle Water Tower Up for Sale Easier Nuclear Construction Promises Fall Short Kerry: Humanitarian Cease-fire Efforts Continue
Facebook
Twitter Updates
Follow us on twitter
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks
NDN Video
Weird 'Wakudoki' Dance Launches Promotional Competition Two women barely avoid being hit by train Chris Pratt Adorably Surprises Kids at a 'Guardians of the Galaxy' Screening Chapter Two: Designing for Naomi Watts NOW TRENDING: Peyton Manning dancing at practice "The Bachelorette" Makes Her Decision Thieves pick the wrong gas station to rob Golden Sisters on '50 Shades' trailer: 'Look At That Chest!' Staten Island Man's Emotional Dunk Over NYPD Car - @TheBuzzeronFOX GMA: Dog passes out from excitment to see owner Baseball Hall of Famers Inducted 'Hunger Games: Mockingjay Part 1' Sneak Peek Florida Keys Webcam Captures Turtles Hatching Morgan Freeman Sucks Down Helium on 'Tonight Show' Robin Wright Can Dance! (WATCH) She's Back! See Paris Hilton's New Carl's Jr. Ad Big Weekend For Atlanta Braves In Cooperstown - @TheBuzzeronFox Chapter Two: Becoming a first-time director What's Got Jack Black Freaking Out at Comic-Con? Doctors Remove 232 Teeth From Teen's Mouth