Police: Man threw grenade in Amazon delivery truck in OKC - LINK A Daytime Romp with His Wife Gave a 66-Year-Old Guy Amnesia - LINK Dad Bods Are Still Tr
Enterprise zone expansion approved
FacebookTwitterEmail
EDWARDSVILLE An expansion of the Southwestern Enterprise Zone in Granite City and Venice was approved by the Madison County Board at Wednesday’s meeting.
The expansion includes commercial property along Nameoki Road, and land for a proposed new rail yard in Venice.
Madison County has four enterprise zones: Riverbend, Gateway, Southwestern and Discovery.
The Southwestern Madison County Enterprise Zone extends from just south of Interstate 270 to Gateway Motorsports Park.
Enterprise zones offer incentives to developers, primarily in the form of property and sales tax incentives, investment tax credit, machinery and equipment sales tax exemptions, and a utility tax exemption.
This Is the Year to Start Following IndyCar
The series that orbits the Indianapolis 500 is far from perfect, but the excellent racing makes it worth the watch. Stacy RevereGetty Images
IndyCar racing is far from perfect. All of the cars sport the same spec Dallara chassis mated to an engine from one of just two suppliers. The once-international series no longer ventures past Toronto, and the once-diverse schedule is down to just three ovals. Without the shining beacon that is the Indianapolis 500, the series would be unable to support itself and North American open wheel racing s time as an elite rung of auto racing s ladder would be over. It is, however, worth your attention. That has never been more true than 2021.
County weighs adding residential properties to enterprise zones
Scott Cousins, scousins@thetelegraph.com
FacebookTwitterEmail
5of5
EDWARDSVILLE A proposed expansion and change to Madison County’s Southwestern Madison County Enterprise Zone has led to sharp disagreement over whether to include residential development.
The Madison County Board’s Grants Committee last week discussed several proposed changes, including adding territory, extending tax abatement time periods to 10 from four years and including residential development.
Enterprise zones offer incentives to developers, primarily in the form of property and sales tax incentives, investment tax credit, machinery and equipment sales tax exemptions and a utility tax exemption.