12 Year, 100% Tax Abatement
Abated Taxes include:
o Kaskaskia Community College District #501
o Salem Airport Authority
o Salem Fire Protection District
o Salem Township Board of Trustees
o Salem Township Highway Department
o Selmaville Community Consolidated School District #10
o Salem Community High School District #600
o Salem Elementary School District #111
Industrial Projects Those projects where the primary use of land and building(s) is of a manufacturing, assembly, wholesale or warehouse/distribution nature.
· EXPANSION Construction of any part of a building that results in an increase in any exterior dimension of an existing building and has at least one wall or floor in common with an existing building. · REHABILITATION The improvement of any part of an existing building that does not result in an increase in any exterior dimension of the building · NEW CONSTRUCTION The Improvement of any tract of land or site with a building where the interior
space is encased by exterior walls, none of which are common along any plane or otherwise shared with an existing building. |
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