2012-08-07 11:23 pm/Mandan City Commission gives Wal-Mart $403,000 tax break
- when: 2012-08-07 11:23 pm
- author: Leann Eckroth
- source: The Bismarck Tribune
- topics: Wal-Mart corporate welfare US/ND
- link: http://bismarcktribune.com/news/local/mandan-city-commission-gives-wal-mart-tax-break/article 8d782fa2-e0eb-11e1-8bb3-001a4bcf887a.html
- title: Mandan City Commission gives Wal-Mart $403,000 tax break
- summary: After two hours of hot debate, the Mandan City Commission on Tuesday gave the Wal-Mart Stores Inc., its first property tax break in the state, to build a supercenter in the city.
After two hours of hot debate, the Mandan City Commission on Tuesday gave the Wal-Mart Stores Inc., its first property tax break in the state, to build a supercenter in the city.
The tax break – worth about $403,000 over two years – passed with a 3-2 vote. Commissioners Dot Frank, Dennis Rohr and Sandra Tibke voted yes. Mayor Arlyn VanBeek and Commissioner Mike Braun voted no.
Commissioners downsized the corporation's original request for $700,000 in tax breaks over five years. The Mandan Growth Fund Committee recommended a five-year plan that would have given Wal-Mart full tax breaks for two years, 75 percent for year three, 50 percent in year four and 25 percent in year five.
Frank made the motion for a full tax break for two years after hearing opposition to five years of tax breaks.