Most valuable township? Spiritwood Township make take the title with new plant
September 27, 2012 at 1:51 am in The Jamestown Sun
The calculations are a little imprecise but when the Spiritwood Nitrogen Project is completed it will likely make Spiritwood Township the most valuable in the state of North Dakota.
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North Dakota law allows property tax exemptions of up to 10 years for facilities such as Dakota Spirit AgEnergy that use agricultural products. Other industrial facilities can receive exemptions of up to five years.
“There have been no discussions on tax breaks for Spiritwood Nitrogen,” Bradley said. “We’re assuming they will, but it is still too preliminary.”
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I don’t see any reason to give them a tax break. They’ve already committed to building and are coming anyway!!! Giving billion dollar companies a tax break is ludicrous and corporate welfare needs to end.
Tax them at full rate and give all of us current residents of Stutsman County a break. Now that would be a welcomed change!
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If this is such a good and viable project, why does it need a subsidy? Seems nothing ever gets built in stutsman country without a taxpayer handout.
Hot debate. What do you think?
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Kind of like Scheel’s Arena which was built, “given” to the Park Board of Fargo so it wouldn’t have to pay taxes and still can’t stay afloat.
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