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La Porte council rescinds Microsoft taxpayer agreement, councilors say deal will be restructured
Summary
The La Porte Common Council unanimously approved a resolution to rescind a June 2024 taxpayer agreement with Microsoft; city and economic leaders said a new arrangement will replace local incentives and aim to protect taxpayers and schools while advancing the project.
The La Porte Common Council on March 2 approved a resolution rescinding a taxpayer agreement with Microsoft that had included a personal‑property tax abatement and related incentive provisions.
Bert Cook, executive director of the La Porte Economic Advancement Partnership, told the council the rescission is intended to replace the earlier incentives with a new arrangement that the city, redevelopment commission and school corporation will finalize in follow‑up meetings. "Tonight, we're asking you to pass the resolution ... that will effectively in its simplest form, do away with their incentives here locally," Cook said during the meeting.
Council President Frankie (first reference to the…
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