Opponents of Enhanced Enterprise Zones Host Meeting

5 years 7 months 2 weeks ago Thursday, May 31 2012 May 31, 2012 Thursday, May 31, 2012 7:28:00 PM CDT May 31, 2012 in News
By: Courtney Tezeno
loading

COLUMBIA - A educational town hall meeting took place on Thursday to discuss whether Enhanced Enterprise Zones will benefit Columbia. Columbia has a history of eminent domain abuse where property owners can be forced out of their homes.

The organizers oppose EEZs, claiming blight opens the door for eminent domain abuse. Properties labled blighted are areas that are considered inadequate or deteriorating. Opponents of EEZs said these zones can negatively affect the property values of homes and businesses that are not considered blighted. 

Blight is the process that must happen before an application can be put in for an enhanced enterprise zone. The big question posed at this meeting was whether large parts of Columbia should be legally designated as blighted so big corporations can qualify for big tax write-offs.

"The requirements in that application that you have to determine a certain blight area and you have to use those blight areas in the determination of poverty numbers, unemployment numbers to justify the application," Planning and Zoning commissioner Karl Skala said.

Speaker Greg Leroy spoke to the public via Skype and said that EEZ's don't work.

"They don't create net new jobs for the metropolitan area, they just move economic activity around. But at least we're steering jobs in areas that are hurting, that are depressed and have high unemployment or high poverty," Leroy said.

Leroy said big corporations qualify for these tax breaks two ways:

1. State tax credit

2. Fifty percent property tax break if they build new property

The Columbia City Council recently reestablished an EEZ advisory board to consider how to create an EEZ in Columbia. There are already 119 zones throughout the state.

More News

Grid
List
(CNN) - The FBI recently opened an inquiry into Missouri Gov. Eric Greitens, two US officials told CNN, as he... More >>
2 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:19:05 PM CST January 19, 2018 in Continuous News
COLUMBIA - A visiting MU researcher is working to fight cancer with blueberries - specifically the extract of the fruit.... More >>
3 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 8:06:00 PM CST January 19, 2018 in News
COLUMBIA - Some facilities in the state may be required to hang posters with information about human trafficking by the... More >>
4 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 6:43:00 PM CST January 19, 2018 in News
JEFFERSON CITY (AP) — Missouri offered Amazon nearly $2.5 billion in incentives over 10 years in a bid to... More >>
5 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 5:25:09 PM CST January 19, 2018 in News
COLUMBIA - Researchers at the University of Missouri have found that 80 percent of state students who needed treatment for... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 4:09:00 PM CST January 19, 2018 in News
COLUMBIA - Campaign finance reports revealed Governor Eric Greitens' campaign operation has been leasing space in the same complex as... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 4:03:00 PM CST January 19, 2018 in News
COLUMBIA- The annual blood drive for fallen officer Molly Bowden came at a time when collecting blood is vital. ... More >>
7 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 3:56:00 PM CST January 19, 2018 in Continuous News
COLUMBIA- A federal judge sentenced a man to more than 20 years in prison Friday for exploiting several children under... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:37:00 PM CST January 19, 2018 in News
COLUMBIA- While the government heads toward a possible partial shut down many government agencies in mid-Missouri will remain open. ... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:23:00 PM CST January 19, 2018 in News
JEFFERSON CITY - Rep. Dean Dohrman, (R-La Monte) has introduced House Bill 1528 to the Missouri Legislature. The bill requires... More >>
8 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 2:21:00 PM CST January 19, 2018 in News
ST. LOUIS - Governor Greitens' attorney said Friday the rumors about Greitens possibly resigning hold "zero truth". Rumors of... More >>
9 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 1:21:00 PM CST January 19, 2018 in News
COLUMBIA - Property restrictions based on race and ethnicity are not a thing of the past, in fact, they can... More >>
11 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 11:37:00 AM CST January 19, 2018 in News
SEDALIA (AP) — An 18-year-old staying at a Missouri ranch for homeless boys has been charged with killing a woman... More >>
13 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:56:00 AM CST January 19, 2018 in News
KANSAS CITY (AP) — Two Kansas City brothers have been charged with killing a man and then dumping his... More >>
14 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 9:11:00 AM CST January 19, 2018 in News
COLUMBIA - "From the early 1900s to the 1960s, the Sharp End business district was a city within a city... More >>
15 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 7:43:00 AM CST January 19, 2018 in News
KANSAS CITY (AP) — A Kansas City man who was thousands of dollars in debt from a drunken driving... More >>
17 hours ago Friday, January 19 2018 Jan 19, 2018 Friday, January 19, 2018 5:32:30 AM CST January 19, 2018 in News
COLUMBIA - Deputies booked two men into the Boone County Jail on suspicion of various charges, including an apparent plan... More >>
1 day ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 10:45:00 PM CST January 18, 2018 in News
COLUMBIA – Some students were “striving” for a new learning experience Thursday night. Parents of students with autism gathered... More >>
1 day ago Thursday, January 18 2018 Jan 18, 2018 Thursday, January 18, 2018 7:22:00 PM CST January 18, 2018 in News
Columbia, MO
Broken Clouds 42°
12am 34°
1am 34°
2am 33°
3am 33°

Select a station to view its upcoming schedule:

Coming Up Next

10:35p
The Tonight Show Starring Jimmy Fallon
11:37p
Late Night with Seth Meyers
12:37a
Last Call with Carson Daly
11:00p
Rules of Engagement
11:30p
The King of Queens
12:00a
King of the Hill

Tonight's Schedule

7:00p
Blindspot
8:00p
Taken
9:00p
Dateline NBC
7:00p
Black Lightning
8:00p
Penn & Teller: Fool Us
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld