Posted June 14, 2018 06:25am
(KNZA)--Ten-year tax abatements have been approved for two Sabetha business expansion projects.
Following a hearing drawing no public comment, the Sabetha City Commission Monday evening approved the abatements for Northwind Technical Services and Extru-Tech.
Rural Development Association of Northeast Kansas Director Nancy Gafford said Northwind plans to add up to 23 new employees over the ten-year period and Extru-Tech plans to add up to 9 new employees.
Brown County Commissioners Monday voiced support for the abatements after Gafford reviewed a cost-benefit analysis.
For the Northwind project, she said the analysis shows for every dollar abated the county would see a $7.26 return.
The Kansas Board of Tax Appeals must give final approval to the abatements.