Council votes against tax breaks for Amazon
The Fort Wayne City Council voted tonight against tax breaks on investments made at Amazon s Flaugh Road warehouse that is currently under construction.
Amazon requested a tax abatement on its planned $111.5 million in investments for the 630,000-square-foot building at 5510 Flaugh Road off U.S. 30.
Council held a public hearing before its hour-long discussion and 5-3 vote with one member abstaining against the abatement.
Amazon would have saved about $7.3 million on personal property taxes over the next 10 years. The equipment s assessed value would be reduced by 100% the first year and gradually return to full value over the following decade.
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