McMullen: An enterprising venture for businesses - The Sedalia Democrat: Opinion

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McMullen: An enterprising venture for businesses

Posted: Friday, April 15, 2011 12:00 am | Updated: 10:59 am, Wed Sep 5, 2012.

In 2005, we saw the development of an Enhanced Enterprise Zone — an initiative that created sections of land that would award special tax rates to anyone who would maintain a place of business upon them.

It worked like this: You start or expand a business into this “zone,” guarantee a couple new jobs and invest at least $100,000 back into Pettis County and you don’t have to pay property taxes on the buildings that you are doing business out of until 2030.

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