Hoy Calls Tax Abatement `Corporate Welfare' Council Oks 10-Year Break for Azteca
Evansville Courier & Press › March 17, 2004
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Summary
A Vanderburgh County councilman Wednesday called tax abatements "corporate welfare," and he was the lone vote against giving a local company the longest abatement that can be allowed.
The abatement Azteca Milling will receive for the plant's $24 million expansion will last for 10 years and could be worth $500,000. Council members gave initial approval to the abatement a month ago. They locked in the length during their meeting Wednesday. The decision was 6-1, with Councilman Phil Hoy, D-at large, voting no.See the full content of this document
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Hoy Calls Tax Abatement `Corporate Welfare' Council Oks 10-Year Break for Azteca
Azteca Milling, on U.S. 41 north of Evansville, plans to add a third production line, raising its e...
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