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Council reviews two manufacturing tax-abatement requests; no city resolution voted
Summary
At the June 2 Alexander City Council meeting, staff outlined two tax-abatement applications from companies inside city limits. One would add production lines and about 40 jobs; the other is a retooling request from a large employer with no job additions. Council discussion leaned toward a short-term abatement but no formal city vote occurred.
Denise Walls, a city presenter, told the Alexander City Council on June 2 that the Lake Martin Area Industrial Development Authority had submitted two applications asking the city to agree to tax abatements for companies operating inside city limits. "They will be creating 40 new jobs," Walls said of the first applicant, which is proposing new production lines for a new product.
Walls said the second company is retooling existing production rather than adding new lines and "there is no associated job creation," though she described it…
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