Tax abatement for Amarr finalized
Commissioners unanimously finalized a 55 percent, 10-year tax abatement for Amarr Garage Doors.
The company received initial approval for an abatement for $7.7 million worth of new construction and $9.4 million worth of new equipment. But the company never finalized the abatement.
When Amarr leaders asked the city recently to complete the abatement, it was discovered the $7.7 million in new construction was no longer eligible for the abatement.
Commissioners on Tuesday approved the abatement minus the portion for the new construction.