Welcome to our new web site!

To give our readers a chance to experience all that our new website has to offer, we have made all content freely avaiable, through October 1, 2018.

During this time, print and digital subscribers will not need to log in to view our stories or e-editions.

Possible Warehouse in Bruceton Granted PILOT Tax Forgiveness

Posted 8/28/18

HUNTINGDON (August 23) — Up to 40 jobs over five years could be coming to Bruceton to fill the vacant Purity Food building, first built in the 1990s for the distribution center for the HIS …

This item is available in full to subscribers.

Please log in to continue

E-mail
Password
Log in

Possible Warehouse in Bruceton Granted PILOT Tax Forgiveness

Posted

HUNTINGDON (August 23) — Up to 40 jobs over five years could be coming to Bruceton to fill the vacant Purity Food building, first built in the 1990s for the distribution center for the HIS company.

In a brief meeting at the Carroll County Chamber of Commerce, the Carroll County Industrial Board unanimously approved the payment in lieu of taxes (PILOT) arrangement for the company with fixed property tax payments over seven years of $17,982 annually divided as follows: County of Carroll $5,335, Town of Bruceton $7,564, and Hollow Rock-Bruceton Special School District $5,083. The plan calls for a forgiveness of ad valorem taxes for a seven-year period.

The company will also pay all taxes in arrears amounting to approximately $100,000, according to Hurley.

Brad Hurley, president of the Carroll County Chamber of Commerce, said the issuance of a PILOT is one of the many steps to land the company, which will operate a warehouse and distribution center and pay an average of $18 hourly plus benefits. He said the business model can be adversely affected by tariffs.

While neither the name of the company nor its products were revealed, Hurley did say it is a domestic company with operations in Nevada and Ohio.

A timeline of numbers of jobs is: 1st year 10 jobs, 2nd year 20 jobs, 3rd year 30 jobs, 4th year 35 jobs, and years 5 to 7 40 jobs total.

Robert Keeton, III, mayor of Bruceton, David Duncan, director of schools at Hollow Rock-Bruceton, and Kenny McBride, mayor of the County of Carroll all agreed that an influx of jobs and the filling of a vacant building is good news.

Making the motion was Jerry Drewry and seconded by Joe Smothers. Voting in favor were Lynn Compton, Drewry, Smothers, Don Reed and Danny Brawner. Lynn Compton served as chairman of the meeting.

This was the first meeting of the board since 2012.

Comments

No comments on this story | Please log in to comment by clicking here
Please log in or register to add your comment