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Board approves business incentive for Advanced Metals at South KK plant
Summary
The Economic Development Committee's incentive application for Mark Merritt's Advanced Metals at the South KK plant met qualifications and the Board approved the plan unanimously.
The Board of Aldermen approved a business incentive application for Mark Merritt’s Advanced Metals at the South KK plant on July 20.
Rusty Rives reported the Economic Development Committee had vetted the application and found Mr. Merritt met the qualifications for the incentive. Alderman Rocky McCulloch moved to approve the incentive and aldermen voted yes on the motion. The minutes record that the committee and the board supported the measure; no additional conditions or dollar amounts were listed in the meeting minutes.
The approval sends the matter to any implementation steps required by the city’s incentive policy and the Economic Development Committee for follow-up.
