Businesses Eligible for Real Property Tax Abatement
within the Gasconade Valley Enterprise Zone
Reduction of the ad valorem tax on improvements made to real property which were started after August 5, 1993; are pursuant to state statute; and are used for:
- warehousing and distributing
“Other Businesses”* must create 50 new jobs and maintain the jobs each year the exemption is in effect and further provided each new job provides an average employment of at least 35 hours per week.
*That the term “other businesses” shall mean health-related services only, that create (50) new jobs and maintain the jobs for each year the exemptions are in effect. It is further provided that each new job provides an average employment of at least 35 hours per week.
- Fifty percent (50%) for a period of ten (10) years, initiating at the time of assessment.