Tax relief helped city land plant

Tax relief helped city land plant

There are 2 comments on the The Indianapolis Star story from Sep 6, 2007, titled Tax relief helped city land plant. In it, The Indianapolis Star reports that:

It's official: Nestle's bottled waters are coming to Greenwood. Both the Greenwood City Council and Redevelopment Commission approved a tax abatement Wednesday to bring the company's Pure Life brand of bottled ...

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RKBA

Florence, KY

#1 Sep 7, 2007
Man, I'm glad I don't live in Greenwood. They just keep throwing money away for businesses and keep taking it from the citizens. Looks like they are trying to keep up with Indy.

Welcome to the Socialist Republic of Greenwood.
interested

Indianapolis, IN

#3 Sep 7, 2007
RKBA wrote:
Man, I'm glad I don't live in Greenwood. They just keep throwing money away for businesses and keep taking it from the citizens. Looks like they are trying to keep up with Indy.
Welcome to the Socialist Republic of Greenwood.
abatement does not mean that they will take money from anyone...what that means is that the company will not initially pay the taxes it would otherwise pay...but those taxes will be phased in overtime....but you don't really care...you just wanted to complain about something.

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