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Perry County Council approves 10‑year tax abatements for WebWheel expansion
Summary
The Perry County Council approved two 10‑year phased tax abatements for WebWheel Products Inc.’s proposed 200,000‑square‑foot expansion at its Tel City plant, estimating roughly $1.3 million in applicant net savings and unanimous council votes on both resolutions.
The Perry County Council on an evening vote approved two resolutions granting 10‑year phased tax abatements to WebWheel Products Inc. for a proposed expansion at its Tel City facility.
Jonathan Blake, economic development director with Veil Solutions, told the council the project would add a 200,000‑square‑foot building, about $15,000,000 in real‑property investment and about $42,000,000 in personal‑property investment. “We are here tonight to talk about the WebWheel property tax abatements,” Blake said, adding the company expects to add approximately 28 jobs over three years and total payroll around $1,500,000 during that period.
Blake presented two separate resolutions. R‑CC‑25‑5 concerned real‑property abatements; staff estimated the applicant’s net savings from the real‑property abatement at about $1,296,000, with estimated property taxes paid over the abatement period of about $1,322,000. For personal property under R‑CC‑25‑4, staff reported an estimated net savings of roughly $1,414,000 and estimated taxes to be paid of about $1,173,000; the difference from prior estimates was attributed to a change in the depreciation schedule applied to personal property (pool 2).
Councilors asked technical questions about timing, footprint and equipment lifespan. An applicant representative said the addition would be mostly utilized once complete and noted typical machinery useful life “is anywhere from 8 to 12 years” depending on type and wear.
Both abatements were subject to separate public hearings required by Indiana law; no members of the public spoke at either hearing. David Achin moved to approve the real‑property resolution with Stan Goffinet seconding; the motion passed unanimously, recorded as 5‑0. Paul moved to approve the personal‑property resolution with Brad seconding; that motion also passed 5‑0.
The council’s action confirms the county will proceed under the recommended 10‑year phased schedules shown in the resolutions’ exhibit C. Staff cautioned that the tax figures are estimates that depend on the project occurring, future assessments and the depreciation schedules applied over time.
The council closed the public hearings and moved on to other business. The next regular meeting is scheduled for Thursday, November 20.
