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Commission approves sales-tax rebate addendum to include additional IHAh LLC locations; local entrepreneur praises program
Summary
The commission approved an addendum to a sales-tax rebate and development agreement to allow multiple IHAh LLC locations to share an existing rebate; Paul Lowery said the rebate helped spur business activity. Staff clarified the contract runs 20 years.
The Yankton City Commission approved an addendum to an existing sales-tax rebate and development agreement involving IHAh LLC (the Big River Burrito enterprise and related venues).
City staff described the original agreement as providing a $150,000 sales-tax rebate tied to local sales tax receipts. Dave told the commission the addendum does not increase the…
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