McLean County is one step closer to seeing an agriculture equipment company from Canada moving into the community. The Unit 5 School Board approved a tax abatement plan with Brandt Industries in a special meeting Monday night. The school board voted 5-2 to give Brandt Industries tax breaks to move into the former Kongskilde manufacturing plant, between Normal and Hudson. However, the vote was reluctant. Part of those breaks means Unit 5 will lose property tax revenue. The school district collects about $80,000 a year from that property.Tuesday, November 14, 2017
Canadian Ag Equipment Giant One Step Closer to Moving to McLean County
McLean County is one step closer to seeing an agriculture equipment company from Canada moving into the community. The Unit 5 School Board approved a tax abatement plan with Brandt Industries in a special meeting Monday night. The school board voted 5-2 to give Brandt Industries tax breaks to move into the former Kongskilde manufacturing plant, between Normal and Hudson. However, the vote was reluctant. Part of those breaks means Unit 5 will lose property tax revenue. The school district collects about $80,000 a year from that property.
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