Difference between revisions of "2012-08-07 11:23 pm/Mandan City Commission gives Wal-Mart $403,000 tax break"
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* '''author''': [[author::Leann Eckroth]] | * '''author''': [[author::Leann Eckroth]] | ||
* '''source''': [[site::The Bismarck Tribune]] | * '''source''': [[site::The Bismarck Tribune]] | ||
| − | * '''topics''': [[topic::Wal-Mart]] [[topic::corporate welfare]] [[topic:: | + | * '''topics''': [[topic::Wal-Mart]] [[topic::corporate welfare]] [[topic::US/ND]] |
* '''link''': [[URL::http://bismarcktribune.com/news/local/mandan-city-commission-gives-wal-mart-tax-break/article_8d782fa2-e0eb-11e1-8bb3-001a4bcf887a.html]] | * '''link''': [[URL::http://bismarcktribune.com/news/local/mandan-city-commission-gives-wal-mart-tax-break/article_8d782fa2-e0eb-11e1-8bb3-001a4bcf887a.html]] | ||
* '''title''': [[title::Mandan City Commission gives Wal-Mart $403,000 tax break]] | * '''title''': [[title::Mandan City Commission gives Wal-Mart $403,000 tax break]] | ||
| − | * '''summary''': | + | * '''summary''': [[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 [[US/ND|the state]], to build a supercenter in the city.]] |
<blockquote> | <blockquote> | ||
<p>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.</p> | <p>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.</p> | ||
| − | <p>The tax break | + | <p>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.</p> |
| − | <p>Commissioners downsized the | + | <p>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.</p> |
<p>Frank made the motion for a full tax break for two years after hearing opposition to five years of tax breaks.</p> | <p>Frank made the motion for a full tax break for two years after hearing opposition to five years of tax breaks.</p> | ||
</blockquote> | </blockquote> | ||
{{page/link/footer}} | {{page/link/footer}} | ||
Latest revision as of 18:19, 23 October 2019
- 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.