The City of Jefferson took the first step in attracting new industry and construction when it passed an ordinance providing tax reductions to new construction. At its Oct. 5 meeting, the city council adopted Ordinance Chapter #4.40, An Ordinance to Provide a Real Estate Incentive.
The ordinance allows for a reduction in property taxes of up to 80 percent the first year, 60 percent the second, 40 percent the third and 20 percent the fourth. It applies to all new industrial, commercial, commercial residential, nonresidential agricultural structures and additions of at least $30,000 value, located in or within three miles of Jefferson.
At its last meeting, the council instructed Police Chief Randy Crum to get estimates for repairing the north wall of city hall, where the stucco is separating from the building. He brought two estimates for the council’s consideration, with a number of options. The council voted to accept the bid of $8,150 from Walker Construction to pour a footing along the wall, stud out the wall and add new steel siding. They also want to have three garage windows and the front window replaced at an additional cost of $4,795. The vote was 5-1, with council member Molly Lokhorst voting against.
See full story in this week’s Leader-Courier.