New Business
Buildings, land, and tangible personal property
Existing Business
Expansions to existing buildings will be given consideration
New and Existing businesses involved in (a) manufacturing, (b) research & development, or (c) storing goods traded in interstate commerce. Existing businesses are only eligible if new employment is created
Property tax exemptions may extend up to 10 years.
Download Summary of Proceedings
Step 1: Contact a City designee for preliminary review
Step 2: Complete Property Tax Exemption Application and submit to City Clerk
Step 3: Cost-Benefit Analysis preparation
Step 4: Public Hearing and Governing Body review