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- Spring Home Improvement 2015
COLUMBIA CITY â€” Columbia Cityâ€™s council is taking a blanket Economic Revitalization Area (ERA) under consideration.
ERA is a specific designation required for business owners to request a tax abatement for economic development.
Currently, economic development and revitalization areas within the city limits are patchy and numerous â€” there are 25-30 different designated areas.
Whitley County Economic Development Corporation President Alan Tio said putting a blanket ERA designation throughout the city limits would help simplify the tax abatement process.
As it stands, if a company wants to apply for a tax abatement, it would first have to apply to be an ERA, an additional step that Tio said can overcomplicate the process.
â€śThis would help simplify it,â€ť Tio said. â€śInstead of having patchwork throughout the city, it would be an overlay.â€ť
Tio said Whitley County went through a similar process three years ago in the U.S. 30 Corridor, the area on U.S. 30 from CR 300 East to CR 800 East (county line).
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