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Message
re: .
Posted on 8/1/22 at 7:32 pm to MrLSU
Posted on 8/1/22 at 7:32 pm to MrLSU
quote:
Calucem said the project is contingent on the New Orleans City Council approval of a payment in lieu of taxes agreement, where it will give the city an agreed-upon payment instead of paying property taxes.
quote:
The state offered an incentive package that featured LED FastStart and a performance-based $700,000 award through the Economic Development Award Program that will be used for site infrastructure improvements. In addition, the company is expected to participate in the Quality Jobs and Industrial Tax Exemption programs.
This post was edited on 8/1/22 at 7:33 pm
1
Posted on 8/1/22 at 7:45 pm to LSUJML
quote:where they will give the city a payment- or where they will give the city council members a payment?
in lieu of taxes agreement, where it will give the city an agreed-upon payment instead of paying property taxes.
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