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Development Tax Abatement Passes

Summary by The Troy Times Tribune
by Randy Pierce Unanimous approval has been given by members of the Madison County Board concerning the abatement of real estate taxes for a business expansion development in the west end of Collinsville that is projected to create an additional 100 full-time jobs upon completion. Covering an area located at 5445 Horseshoe Lake Road and four nearby tracts on United Drive in the county’s “Discovery Enterprise Zone,” Teklab Properties LLC had rece…
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