Stone County EEZ Board reccomends tax breaks for businesses

 

The Stone County Enhanced Enterprise Zoning (EEZ) Board has been busy drawing a proposal that would allow new and old business to partake in certain tax breaks recommended by the EEZ Board.
The board is comprised of a cross-section of members, from a government employee to a semi-retired member with enterprise zone experience.
The EEZ Board is a separate entity not affiliated with the Stone County Planning and Zoning Commission.[adsenseyu1]

The EEZ Board was picked by the Commissioners of Stone County to draw up an enhanced enterprise zoning code for Stone County.

Simply put, an enterprise zone allows new and old businesses tax incentives on capital equipment, construction, expansion, and employee hiring of two or more new full-time employees for a certain specified period of time.

The EEZ Board is comprised of Danny Humble, Superintendent of Schools, Galena, Missouri; David Doennig, Stone County Library Coordinator; Elaine Strope, Owner of a medical supply company in Galena; Ken Smith, City of Branson West, Missouri; Rob Stone, Chamber of Commerce, Galena, Missouri; and Chairman Jim Wright, Entrepreneur, Kimberling City, Missouri.

Commissioner Dennis Wood has made himself available as a reference source and Stone County Attorney William McCullah was asked by the board to be available for counsel on any issues the board might have.

The proposal is complete and waiting to go before the public hearing Monday, February 13 at 5:30 PM in the Commissioner’s chambers on the third floor of the Stone County Courthouse in Galena.

All are welcome to come and witness the unveiling of the plan and ask questions.

“Everyone was on this project from day one because we believed this could open some economic doors,” said Dennis Wood.

Chairman Jim Wright added, “Towns in the county must turn in their ordinance documents before the commissioners take the board’s recommendations to vote.”  Wright also added, “This is a one-time shot.  There is no getting in later on.”

All on the board agree even a town that couldn’t immediately use this program should at least sign the agreement.  Later on down the road should a town’s status change up or down or annexation occurs, this program could help make a sizeable impact.

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