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Local & State Incentives |
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County Ordinance that offers
100% abatement of real property taxes on improvements made to property for
the life of the Enterprise Zone not to exceed 25 years.
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State tax credits for
investment and new job creation
For a complete list of
Enterprise Zone incentives and qualifying information please click on the
link below:
Enterprise Zone
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Tax Increment
Financing
Tax Increment Financing (TIF) redirects
an approved portion of certain local taxes caused by new business
development to reduce the project costs. The TIF commission negotiates
the amount and length of the increment based on the least amount that would
cause the project to occur. The TIF project funds may be derived from
a bond issue (paid from the increment), or a reimbursement to the developer
for approved costs.
For complete details on TIF please click on the link below.
TIF
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Chapter 100 Industrial
Development Bonds
Chapter 100 Industrial Development Bonds
were developed by the U.S. Congress and the Missouri General Assembly to
facilitate the financing of business projects. The reasons that
Chapter 100 Industrial Development Bonds may be a benefit are: Interest
recieved by bond holders may be exempt from federal and state income taxes,
Real estate or other assets may be exempt from some or all property taxes if
structured as a lease to the company.
For complete details on Chapter 100 Industrial Development Bonds click on
the link below.
Industrial development Bonds
Incentives for business development are developed on a case by case
basis, not every business will qualify for every incentive listed above and
not all incentives may be listed. If your business is interested in
developing an incentive package specific to your needs please contact the
City of Bethany Economic Development Coordinator.
Tony Stonecypher
City Administrator
City of Bethany
P.O. Box 344
Bethany, MO 64424
(800) 479-0131
TStone@grm.net
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Top 10 Reasons You Should Locate In Northwest Missouri |
- Highly Educated Workforce
* Over 96% of workforce are high school graduates
* Over half have attend college
* Four colleges and seven vo-technical schools in the area
* Workers can be train for your needs
*Worker availability by labor shed at
www.locatemissouri.com
- High Productivity
* Worker average 13% above the national average
- Available Buildings
* Take a look at
http://grm.net/bethany/econdev.htm
* Take a look at
www.locatemissouri.com
- Central Location/Easy Access
* 62% of your customers within day's drive
- Low Taxes
* Missouri among the lowest five states in the nation
- Low Electrical Rates
* Northwest Missouri location in the least expensive 4%
- Low Cost of Living
* Northwest Missouri averages less than 90% of the U.S.
- Local Incentives
- High Quality of Life
* Low Crime Rates
* Rural Lifestyle
* Clean Air and Water
* No Traffic Jams
* Recreation Includes Hunting, Fishing, Golf, Lakes and more
* Safe for the Kids
- Simply, The Best Most Livable Place to Make a Profit!
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