Enhanced Enterprise Zone Talks Bring Concerns

6 years 5 months 1 week ago Tuesday, March 06 2012 Mar 6, 2012 Tuesday, March 06, 2012 1:28:00 PM CST March 06, 2012 in News
By: Cody LaGrow
loading

COLUMBIA - Some residents are concerned about tax incentives offered in Enhanced Enterprise Zones, or EEZs, and plan to talk about both at an informational session Tuesday night.

According to Columbia Regional Economic Development Incorporated, an EEZ is a state program designed to create jobs, particularly in areas with high unemployment and low income. The program offers a combination of state tax credits and a partial abatement of local property taxes to new or expanding businesses that create good jobs in targeted industries.

Qualified businesses exclude retail shops, restaurants, educational facilities and gambling establishments. EEZs support the establishment of manufacturing companies, creative and professional businesses and arts, entertainment and recreation services. Currently, Columbia does not have EEZ representation, but 118 other Missouri communities have EEZs.

City officials say the goal is to bring companies into priority areas such as Discovery Ridge, Route B, the Business Loop and downtown.

Douglass Park Neighborhood Association President Tyree Byndom lives in the area that may be developed. He said he is worried history will repeat itself.

"We are trying to make sure the Regional Economic Development and city process is just," Byndom said. "We don't want to run into another sharp end. That's how they destroyed the black community with blight and eminent domain in 1956 to 1960," he added.

Columbia Mayor Bob McDavid said EEZs have nothing to do with eminent domain.

"I acknowledge that people won't believe me. This is all about creating jobs. My job is to find a financially secure future," said McDavid.

Talks about bringing an EEZ to Columbia have been preliminary. This is only the second meeting the group will have in Columbia. The informational session will be held at city hall at 5 p.m.

More News

Grid
List
Jefferson City - One person was injured in a car crash on the Missouri River Bridge on Tuesday. The... More >>
39 minutes ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 11:48:00 AM CDT August 14, 2018 in News
JEFFERSON CITY - An Osage County judge ruled in favor of Missouri Secretary of State Jay Aschroft on Tuesday in... More >>
52 minutes ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 11:34:43 AM CDT August 14, 2018 in News
BEVIER - The Missouri State Highway Patrol is investigating a deputy-involved shooting in Macon County. The man whom a... More >>
1 hour ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 10:32:00 AM CDT August 14, 2018 in News
MEXICO - Authorities responded to several small fires along railroad tracks running through town on Monday. Norfolk Southern Railroad... More >>
2 hours ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 9:59:00 AM CDT August 14, 2018 in News
TAOS, N.M. (AP) — The Latest on 11 children found living in a filthy, makeshift compound in New Mexico (all... More >>
4 hours ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 8:06:00 AM CDT August 14, 2018 in News
LINCOLN, Neb. (AP) - Nebraska is preparing to carry out its first execution since 1997 on Tuesday in a bewildering... More >>
6 hours ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 6:06:00 AM CDT August 14, 2018 in News
JEFFERSON CITY (AP) - Democratic Sen. Claire McCaskill says she supports measures on Missouri's November ballot to increase the state's... More >>
6 hours ago Tuesday, August 14 2018 Aug 14, 2018 Tuesday, August 14, 2018 5:58:00 AM CDT August 14, 2018 in News
AUDRAIN COUNTY - A man who found a dog "hopping" along Highway 54 with his legs and muzzle taped says... More >>
14 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 9:47:00 PM CDT August 13, 2018 in News
COLUMBIA - The Columbia Public Schools Board of Education unanimously approved a 9-cent increase in the operating tax rate ceiling... More >>
16 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 8:00:00 PM CDT August 13, 2018 in News
COLUMBIA - Mugs Up Drive In's manager said the restaurant is back in tiptop shape after a power line accident... More >>
17 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 6:49:00 PM CDT August 13, 2018 in News
MACON – A viral tweet is prompting the Missouri State Highway Patrol to warn people to call 911 if they... More >>
18 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 6:20:00 PM CDT August 13, 2018 in News
COLUMBIA - Living Canvas, a tattoo, body piercing and art gallery on Broadway, is shutting its doors earlier than it... More >>
21 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 3:09:00 PM CDT August 13, 2018 in News
COLUMBIA - Columbia City Council members said the city has reached a financial tipping point and now they have until... More >>
22 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 2:21:00 PM CDT August 13, 2018 in News
JEFFERSON CITY (AP) — Missouri Democrats have voted to ditch a recently added tenet aimed at welcoming anti-abortion candidates. ... More >>
22 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 2:05:07 PM CDT August 13, 2018 in News
MEXICO - Gov. Parson is traveling through the northeastern part of Missouri this week and he started his travels in... More >>
22 hours ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 1:44:00 PM CDT August 13, 2018 in News
MISSION HILLS, Kan. (AP) — A couple from a Kansas City suburb alleges that a $90 million billing scheme found... More >>
1 day ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 12:03:00 PM CDT August 13, 2018 in News
COLUMBIA (AP) — Missouri taxpayers may be covering $884,000 in legal fees for a Columbia church's U.S. Supreme Court case... More >>
1 day ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 11:28:00 AM CDT August 13, 2018 in News
JEFFERSON CITY (AP) — A ballot measure attempting to limit union powers helped drive Missouri's largest voter turnout for a... More >>
1 day ago Monday, August 13 2018 Aug 13, 2018 Monday, August 13, 2018 11:20:58 AM CDT August 13, 2018 in News
Columbia, MO
Broken Clouds 75°
1pm 76°
2pm 76°
3pm 78°
4pm 77°