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INCENTIVE DESCRIPTION
| State: | MO |
| Incentive Type: | Property Tax Incentives |
| Incentive Title: | Property Tax Abatements |
| Description: | CHAPTER 353 TAX ABATEMENT: Real property tax abatement for a period of 25 years for redevelopment of blighted areas. The use of eminent domain is part of this program. |
| Eligibility Requirements: | Available only to for-profit "urban redevelopment corporations" organized pursuant to the Urban Redevelopment Corporations Law. There are also special requirements for life insurance companies operating as urban redevelopment corporations. |
| Geographic Restrictions: | Blighted areas |
| Granting Authority: | Missouri Department of Economic Development |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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