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Odds and ends from Middletown’s City Council meeting
One agenda item was pulled at the last minute from consideration by Middletown City Council meeting Tuesday.
That item, an emergency ordinance to establish a 10-year, 75-percent enterprise zone tax abatement on property taxes for SunCoke Energy’s proposed $355 million coke-making and electric generation plant, was pulled off of the agenda because city officials are still working on developing a rate structure for water service to the plant.
The plant, which would become one of the city’s largest water users, could use as much as 1.6 million gallons of water a day, according to city officials.
Officials said the incentives should be back for consideration by council in a few weeks. However, city officials also said it should not impact the proposed construction timeline for the plant.
Once the council approves the enterprise zone tax abatement, the deal would also have to be approved by the Middletown Board of Education as well as Butler Tech’s board.
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Comments
By Bill Buckley
June 9, 2008 12:48 AM | Link to this
Its obvious any and all businesses will be getting property and payroll tax abatements from Middletown and the residents are being stuck with these non-stop tax levies to make up the difference. The current proposed .5% increase won’t be for roads. It will be used elsewhere as the funds have the past 20 years. City just doing this so the tax revenue comes in—-from the resident, while companies are getting tax abatements. Pretty annoying to most of us.