Property Tax Relief For Three New Mandan Projects Gets Thumbs U - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Property Tax Relief For Three New Mandan Projects Gets Thumbs Up

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Two new businesses and an apartment building want to come to Mandan.   But there are strings attached.   They all want property tax relief.

Some say it's unfair to existing businesses and it deprives the city of funds.  Developers say if the city doesn't offer help to businesses, sales tax dollars will leak to Bismarck.  

In the end, the Mandan City Commission voted three-to-two in favor of the temporary property tax relief for these three projects, which include a Little Caesars and a convenience store with gas station.

  Beginning in 2014, most communities won't have the flexibility of offering property tax relief to certain types of businesses in this manner, due to Senate Bill 2314 -- also known as the "Walmart Bill."   At that time and going forward, property tax relief for most businesses must be put before citizens for a vote.

 

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