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Commissioners approve intent to grant 10-year tax abatement for Town and Country Supply expansion in Lockwood
Summary
The Yellowstone County Board of Commissioners approved a resolution of intent to grant a 10-year tax abatement for Town and Country Supply's $6.4 million expansion at 3737 Colson Road and set a public hearing for May 6, 2025.
The Yellowstone County Board of Commissioners on Tuesday approved a resolution of intent to grant a 10-year tax abatement to Town and Country Supply for a $6,400,000 expansion of its Lockwood facility and set a public hearing for 9 a.m. May 6 in Room 3108.
The county attorney's office representative, Diane, told commissioners the company’s application meets the definition of a “new and expanding industry” under the statute the office cited and described how the abatement would phase in over 10 years. “It allows for the new taxable value of the investment to be abated for over a period of 10 years,” Diane…
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