Cives Steel Seeking Property Tax Exemption


0  Updated at 8:47 am, September 11th, 2013 By: Managing Editor
Share This Story


(UCON, ID) – Representatives from Cives Steel made their case for a five-year property tax exemption Tuesday afternoon. In a meeting with Bonneville County Commissioners, authorities argued that they met all six requirements needed for a 100 percent exemption. Under a statute adopted in 2008, Idaho law allows certain companies that meet certain criteria to qualify for the exemption. The city of Ucon and District 93 want a 50 percent exemption only, contending that revenue would be helpful for the community. If granted, the full exemption would save the  company just under $800,000 over five years.



Stories You May Be Interested In:

Good Question: Could you get paid to become a drug informant?

22 Feb 2017

Robert Patten,

Facebook is coming to a TV near you

14 Feb 2017

Seth Fiegerman, CNN

Local processing plant suffers $100,000 in damages

21 Feb 2017

Natalia Hepworth,