Letterwerks Sign City
 
VBC Video
"Where Fillmore County News Comes First"
Online Edition
Monday, April 21st, 2014
Volume ∞ Issue ∞
 
<< | < | 278 | 279 | 280 | 281 | 282 | > | >>

Harmony City Council Report: Harmony discusses tax-free zone


Fri, Aug 15th, 2003
Posted in Features

Mark Thein, Economic Development Authority, outlined a new project the state hopes will help fuel the rural areas’ economy called Job Opportunity Building Zone. The intent of the zone is to provide tax breaks to encourage expansion and new business growth in the state. The county commissioners signed a resolution showing support for the program in early July."Only rural areas can participate. The state wants Fillmore and 12 other counties to join together", stated Thein. Ten zones with approximately 5,000 acres is the state's goal for the project’s coverage. Some of the tax exemptions provided include corporate franchise tax, income tax for operators or investors, sales tax on business purchases, capital gains tax, and employment tax credit for high paying jobs. Qualifying property includes commercial/industrial parcels. Qualified businesses include those in the zone at the time of designation, business expansions to the zone, business startups, business relocations from other states, business relocations from MN if employment is increased by 20% within first year or capital investment is equal to 10% of gross revenues in the preceding tax year. General obligation bonds, land, and school levies are still taxable.Thein said there is property in the Industrial Park at Harmony that would qualify for the program. The city would work around property that is already providing them with "TIF", Tax Increment Financing dollars. (The value that a property adds to a parcel of land is defined as an increment. This translates into dollars for the city.) "I think to compete with other cities we need to participate, though it’s not the greatest program", said City Administrator Jerome Illg. Twelve years is the longest period of time property can be in the zone. The city would retain the right to any special assessments to property within the zone. City Attorney Richard Nethercut had concerns about a "band wagon" effect with the Tax Free Zone, possibly playing one community against another with no real winners. The regional office wants all applications in for reviewal by August 19. The council approved the application, as the city hasn’t had any industrial expansion movement for some time.Fire Department Stuart Morem of the Harmony Fire Department presented a Tri-County Firefighter’s Association mutual agreement that makes equipment, personnel and other resources a .....
[Read the Rest]

Rushford City Council Report: Possible New “JOBZ” for Rushford

Fri, Aug 15th, 2003
Posted in Features

The Rushford City Council took advantage of the chance to participate in a multi-county Job Opportunity Building Zone application at their August 11th meeting. JOBZ, a marketing tool of the state of Minnesota, has a goal of stimulating development in ..... 
[Read the Rest]

Preston Mayor claims open meeting law violated by council

Fri, Aug 15th, 2003
Posted in Features

When the Preston City Council meets tonight it will have one more issue to debate: the open meeting law.

In a letter to the Preston City Council dated August 11, 2003, Preston Mayor David Pechulis claimed that City Administrator ..... 
[Read the Rest]

The scientist in the woods

Fri, Aug 8th, 2003
Posted in Features

There may be no other person in America that is more closely associated with woody agriculture than Phil Rutter.   In the June 2003 issue of The Atlantic Monthly, Senior Editor Corby Kummer, in his article A New Chestnut, cre ..... 
[Read the Rest]

2004 County Fair set for third week of July

Fri, Aug 8th, 2003
Posted in Features

Fair board members met Tuesday night, August 5 at the County Office Building conference room to evaluate their efforts and discuss results from the recent county fair.

President Tracy Hanson, Chatfield, Vice-President Jim Nels ..... 
[Read the Rest]

Commissioners’ Report: Courtroom moved to Chatfield temporarily

Fri, Aug 8th, 2003
Posted in Features

The Chatfield Municipal Building and the Thurber Community Center will become the temporary site for Fillmore County’s courtroom as construction moves forward at the courthouse. Judge Robert Benson, Court Administrator Jim Attwood, and Joel Young, Ch ..... 
[Read the Rest]

Fillmore County District Court: Trio arrested for Lanesboro break-ins

Fri, Aug 8th, 2003
Posted in Features

A man, a woman and a juvenile were charged in Fillmore County District Court on Thursday, August 7, with burglary following break-ins at the Das Wurst Haus and Coffee Street Wine Company in Lanesboro on August 5.

Law enforcement ..... 
[Read the Rest]

Lanesboro City Council Report: Art Center details “draw” council’s attention once again

Fri, Aug 8th, 2003
Posted in Features

At the August 4th Lanesboro City Council meeting, the council turned their attention to a letter in which Cornucopia, Commonweal, and Root River Valley Friends of the Arts (RRVFOA requested a waiver so the three groups could hire Twin Cities attorney ..... 
[Read the Rest]

Preston City Council Report: Bonding bid for County 17 accepted

Fri, Aug 8th, 2003
Posted in Features

Another busy agenda was tackled by the city council of Preston. Confusion, occasional disorder and conflicting personalities fueled a long meeting.

Mike Bubany of David Drown & Associates presented the bids for the County 17 bon ..... 
[Read the Rest]
<< | < | 278 | 279 | 280 | 281 | 282 | > | >>