From Indiana Public Media:
A Monroe County ecological restoration firm has received a tax abatement as it prepares to become the first in the state to open a nursery devoted solely to native Indiana plants.
Eco Logic already focuses on restoring wetlands, prairies and forests. Now, says Executive Director Spencer Goehl, the company can work with partners in the state to see that blighted land is repopulated with plants native to it.
“In terms of ecological restoration the seed nursery would be able to provide the nature conservancy and Hoosier National Forest and Sycamore Land Trust the seeds to go out and restore large tracks of land,” he says.
Goehl says creating a native plant nursery will help combat the ecological damage associated with invasive species, adding the company also plans to invest in new irrigation systems and greenhouses as well as hiring six to eight new employees.
The tax abatement forgives 90 percent of Eco Logic’s property tax burden during the first year, with taxes increasing over a ten year period based on the value of the company’s infrastructure.
http://indianapublicmedia.org/news/tax-abatement-funds-creation-native-indiana-plant-nursery-32672/
