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Council approves tax abatement for Lamco expansion; company cites $700,000 investment and 12 new jobs
Lafayette City Council · December 1, 2025
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Summary
The council declared a revitalization area and approved a seven‑year real‑estate tax abatement for Lamco (Lafayette Materials Management Company) to support a roughly 6,000–7,000 sq ft addition; company representatives said the project would cost $700,000 and add 12 full‑time jobs paying $23–$40 per hour.
The Lafayette City Council adopted Resolution 2025-22, designating a property as an economic revitalization area and approving a request for a seven‑year real‑estate tax abatement for Lamco (identified in the record as Lafitte Materials Management Company).
Economic Devel…
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