Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Industrial Tax Exemption topic
No spam. Unsubscribe anytime.
Police Jury approves industrial tax exemption application for Lotte Chemical Louisiana
Summary
Calcasieu Parish Police Jury approved an industrial tax exemption application for Lotte Chemical Louisiana related to installation work at its Westlake facility.
The Calcasieu Parish Police Jury on May 22 adopted a resolution approving an industrial tax exemption application from Lotte Chemical Louisiana for work at 2200 Bayou Den Pass in Westlake.
Industrial tax exemptions can lower local property tax bills for qualifying manufacturing investments; the application approved by the Police Jury pertains to the final phase of installing a lean cycle water loop at Lotte Chemical’s Westlake site.
Mister Bowers, Police Juror, moved to approve the industrial tax exemption application and Mister Barty, Police Juror, seconded the motion. The motion carried by general consent; no roll-call tally or public comment is recorded in the meeting transcript.
The Police Jury did not provide a dollar figure for the exemption or a timetable for implementation during the meeting. The resolution approves the application with respect to the final phase of the specified installation; any certified exemption and tax impacts will follow applicable state and parish procedures.
