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IDA approves tax-exemption package for Mac Clark Properties; board member abstains
5704776 · August 21, 2025
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Summary
The agency approved a final authorizing resolution granting sales tax, mortgage recording tax and short-term property tax reductions for Mac Clark Properties LLC; one board member abstained because of a conflict.
The Industrial Development Agency approved a final authorizing resolution granting financial assistance to Mac Clark Properties LLC that includes a sales tax exemption, a mortgage-recording-tax exemption and a five‑year real property tax reduction.
The aid package was described at the meeting as exempting about $10,938 in sales tax, $9,000 in mortgage…
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