From the Terre Haute Tribune-Star:
• The council is also expected to hear a request from the Terre Haute International Airport and JWS Machine Inc. for a 10-year property tax abatement for more than $2 million in investments at the airport. According to the abatement petition, JWS Machine, located in Brazil, plans to make the investments in a building currently owned by the airport. The abatement would save the company about $55,000 over 10 years, according to the petition, which is available on the city’s website. JWS is moving its operations, which includes 35 existing jobs, from Clay County to Vigo County, according to the abatement petition.
Among other things, JWS Machine provides machining, laser cutting, fabrication, model and reverse engineering services, according to the company’s website.
• The City Council tonight also is expected to take up a request from Mayor Duke Bennett to move $2 million from the city’s Economic Development Income Tax fund into the city’s general fund, which pays for day-to-day city government operations. Last month, the council moved several million dollars from other funds into the general fund at the mayor’s request. However, they were not ready to use the EDIT fund to boost the general fund.
Bennett sought the move to keep the general fund out of the red at the end of 2012, something the state formally requires of cities.
http://tribstar.com/local/x1633441542/Officials-look-at-limiting-towing-fees
