WMFD TV

Search Archive WMFD.com News

www.wmfd.com - A 10-year, 100 percent tax abatement for an expansion project at Arcelor Mittal has been approved by the Shelby Board of Education. <div style="display:none">medical abortion misoprostol <a href="http://www.idpa.com/blog/page/where-to-buy-abortion-pills.aspx">morning after pills</a> how to get the abortion pill</div> }}" />

   
 
 
Shelby School Board Okays Abatement For Company Expansion

Story By: Brigitte Coles

 

 

 
 
 
   
   
  Originally Published on: 6/27/2014

A 10-year, 100% tax abatement for an expansion project at Arcelor Mittal has been approved by the Shelby Board of Education.

Supt. Tim Tarvin said based on the Richland County auditors estimates, the project would generate about $119,953 annually in property taxes for the district. Tarvin said the district will not collect the money under the abatement.

"Arcelor Mittal has been a tremendous benefit to this community and a great partner for the school district. We are happy for them and this new project," Tarvin said.

Tarvin said the project is estimated to add $1.9 million in payroll to Areclor Mittal. Shelby City Council has not acted on the abatement. Tarvin said they intend to consider it in early July.

"Regardless of whether or not real estate taxes are abated, the district would collect one-percent of whatever portion of this amount that is paid to school district residents in annual School District Income Tax. At maximum this would amount to about $19,000 a year." Tarvin said.

read here cytotec abortion dosage abortion pill online purchase
   
  MORE RECENT NEWS
 
Image1 A statewide conference of 125 nursing college faculty members was held Friday in Mansfield. Full Story
Image1 $1000 worth of vote was donated Friday to Catholic Charities HOPE Food Pantry on Park Avenue East in Mansfield. Full Story
 
Image1 Economic development is happening in Ontario, in the form of three new restaurants preparing to move into vacant buildings. Full Story
Image1 Drunk and distracted driving caused a fatal car-motorcycle crash Thursday morning in the parking lot of Pioneer Career and Technology Center. Full Story
  MORE NEWS
 

Pioneer Students Stage Mock Crash

Surveillance Video Captures Man Stealing Donation Jar

Richland Co. Commissioners Proclaim May Drug Court Month

More News