- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)47
- Neelys Landing man shot, killed by highway patrol trooper after traffic stop (05/01/16)43
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Missouri House votes to allow concealed weapons without permits (04/28/16)8
- Police report filed, but no charges in incident at Cape Central (04/29/16)40
- 2016 All-Missourian Boys Basketball (04/29/16)
- Statement: Man says cops’ good work drove him to grow his own marijuana (05/01/16)1
- Two hurt in motorcycle wreck on Interstate 55 (04/25/16)1
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
- River Ridge Winery changes hands (05/02/16)
Cape County Commission to review industrial bonds at special meeting
The Cape Girardeau County Commission will discuss a resolution for Chapter 100 Industrial Bonds during a special session at 11 a.m. today at the Cape Girardeau County Administration Building.
Missouri statutes allow counties, cities and other municipalities to issue bonds to finance the costs of industrial development projects for private corporations. This economic development tool offers property tax abatements and a sales tax exemption on construction materials for the project.
The county's most recent use of Chapter 100 bonds was for Nordenia's Hubble Creek Plant in the Jackson Industrial Park off U.S. 61. In June 2011, the county issued $25 million in Chapter 100 bonds for the Nordenia Project.
1 Barton Square, Jackson, MO