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Commissioners approve five-year tax abatement for Rimrock (Kia Billings) after $5 million expansion plan
Summary
Yellowstone County Commissioners approved Resolution 23-46 to grant a requested five-year tax abatement to Rimrock (doing business as Kia Billings) tied to a $5 million expansion at 4040 King Avenue West and a projected net gain of 24 full-time jobs.
Yellowstone County Commissioners voted to approve Resolution 23-46, granting a five-year tax abatement to Rimrock 4, doing business as Kia Billings, after a public hearing and presentation by Big Sky Economic Development.
Diane Lem of Big Sky Economic Development told commissioners the request is made under "Montana code 15 dash 24 dash 15 oh 1" for projects investing more than $500,000 and increasing taxable value by 2.5%. She said Rimrock plans a $5,000,000 new-construction expansion at 4040 King Avenue West, that the existing…
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