Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Clovis Commission adopts revised industrial incentive policies, extends IRB term to 30 years
Summary
The City Commission unanimously approved streamlined industry and manufacturing incentive policies that raise the maximum industrial revenue bond term to 30 years, change health-insurance scoring rules and clarify an "export" requirement for product-based manufacturers.
The Clovis City Commission on Tuesday approved revised policies and procedures for economic incentives aimed at industry and manufacturing, expanding the maximum term for Industrial Revenue Bonds and updating scoring criteria for applicants.
City staff presented the changes, saying the policy rewrite consolidated duplicative language, clarified application checklists and adjusted program eligibility. "IRBs are allowed to go up to 30 years," a staff…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
