Ft. Wayne MarketLocal News

Amazon seeking “Project Mastadon” tax breaks

Photo Supplied/City of Fort Wayne

FORT WAYNE, Ind. (WOWO): Amazon will be asking for some tax breaks from the Fort Wayne City Council next week.

According to documents for Tuesday night’s meeting, the mega online retailer will be asking for a ten-year tax abatement by designating its upcoming distribution center on Flaugh Road as an Economic Revitalization Area.

The $100-million project would create 1,000 full-time jobs with an annual average salary of $30,000, and the proposal would have the company pay no property taxes at all for the first year, with gradually increasing rates the following nine years.

Find the full proposal here and here.

Related posts

Ash Skyline Plaza Update

WOWO News

Over $3 Million In Grants Coming To Northeast Indiana To Improve Roads and Bridges

Michael McIntyre

Kokomo Airport Runway Upgraded: $8.2 Million Project Done Early

Brian Ford

Leave a Comment