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Dallas Approves Enterprise Zone Expansion

Monday, January 12, 2015   (0 Comments)
Posted by: Elizabeth Peters
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The Dallas City Council unanimously approved an expansion of the Dallas - Independence - Monmouth Enterprise Zone, reported thePolk County Itemizer-Explorer.

 

The 7.22-acre expansion is in the Independence "central business district" off Monmouth Street. The enterprise zone offers businesses a 3-year to 5-year property tax exemption on capital investment or equipment.

 

In order for the expansion to take effect, it must be approved by all enterprise zone sponsors, including the cities of Dallas, Monmouth and Independence, as well as Polk County.


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