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Flowood approves multiple ad valorem tax-exemption applications and new tower-site engineering contract
Summary
In mid-May the Flowood board approved applications extending or granting ad valorem tax exemptions for local businesses including General Recycling, Nucor Steel and Rockett, Inc., and authorized a contract with Neel Schaffer for tower-site engineering at $22,000 per site (up to three sites).
The Flowood Board of Aldermen approved several tax-exemption applications and a tower-site engineering contract as part of its May 15 consent agenda.
Minutes show the board approved an extension application from General Recycling of Mississippi LLC (true value listed as $3,122,159.08) for a five-year ad valorem tax exemption beginning Jan. 1, 2018, and applications for personal-property exemptions tied to Nucor Steel Jackson, Inc. and Rockett, Inc., among others. The board also approved an application and final resolution for Nucor Steel, Inc. (true value $4,723,353.91) for a five-year extension beginning Jan. 1, 2018.
Separately, the minutes record authorization for the mayor to enter a contract with Neel Schaffer to provide services for tower-site development and engineering at $22,000 per site for up to three sites, for a total potential contract of $66,000.
The minutes record these actions as part of a broader consent agenda passed unanimously by board members present; the record does not include the full underlying agreements, benefit analyses, or staff reports that led to the recommendations.
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