Tag: dime

Economic development proposal on ballot won’t cost a dime

Editorial Board, TCPalm
Published 11:31 a.m. ET Oct. 2, 2020

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A brief look at INEOS’s history in Indian River County.. COLLEEN WIXON/TCPALM

Say a major company wants to build an environmentally friendly $100 million manufacturing facility in Indian River County, creating 100 jobs with an average salary of $60,000-plus.

There might be some opposition based on the location, product to be made or fact some folks don’t like Big Business or change in general.

Our guess, however, is most people would be pleased to see the county’s economy and tax base expand to provide greater opportunities to local residents.

Indian River County has several tools to attract such businesses, including one voters will be asked to reauthorize in the Nov. 3 election.

Fellsmere also is asking its voters to reauthorize what’s called a tax abatement program. Most counties in our region have one. More than 60 percent of Martin

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