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City officials may have big fish hooked – Can they reel it in?

Posted on Tuesday, April 10, 2018 at 3:30 pm

By Kyle Boaz
In a special meeting held after the regularly scheduled city committee meeting on Monday, April 9, Mayor Bart Niedner brought up the possibility of a new business coming to Louisiana.
“This business represents 35 immediate employees and likely grow to 55 plus in two to three years,” he said.
“It would also put back into play a recently mothballed facility and represent over $2 million in capital improvement. The administration and representatives from Missouri Department of Economic Development have met with the CEO and CFO and indicated a favorable tone towards working on an incentives package. I recommend we examine the tools to freeze property tax rates in direct connection to job and capital benefits realized by this relocation.
“The company has a board meeting on Wednesday (April 11) and the CEO would like to report that the city of Louisiana is exploring options which are favorable to the company. They are looking other places; their first choice is here.”
The company was not named at this time.
Niedner asked for a motion showing a strong interest in a possible union between the company and the city.

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