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Council OKs ERA and tax phase-in for Uniseal warehouse expansion, citing 61 new jobs
Summary
The council adopted Resolution C2026-02 designating an Economic Revitalization Area and granting a waiver allowing an eight-year tax phase-in for Uniseal (an LG Chem subsidiary). Presenters said the $16 million project would add 61 full-time jobs averaging roughly $38/hour and produce an estimated $1.9 million in tax savings over eight years.
The Evansville Common Council voted 8–0 on Jan. 12 to approve Resolution C2026-02, a preliminary Economic Revitalization Area (ERA) designation and waiver of noncompliance for Uniseal's planned warehouse expansion on North 4th Avenue.
Pat Hickey, economic development director at the Evansville Regional Economic Partnership, described the package as twofold: designate an ERA so the company can receive a property tax phase-in, and grant a waiver of noncompliance because construction began before the formal application was…
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