It took but twenty minutes, but several things did get done at last night’s meeting of the Board of Aldermen for the City of Ruston.
The board adopted a resolution permitting JEDCO Properties to among other things:
rebate all eligible local sales/use taxes on the purchase of eligible construction materials, machinery and equipment purchased for this project and used by the business permanently on that site.
JEDCO is a James Davison company that owns the building on Celebrity Drive where Mortgage Contracting Services (MCS) will soon locate.
Also approved was a $137 thousand project to rehabilitate the apron at the Ruston Regional Airport, and a $140 thousand agreement with Riley Company for engineering and design to improve Louisiana and Texas Avenues.
08/07/2012 at 8:05 am |
Golden man James….it has it going on!!! Making the bucks for sure!
08/08/2012 at 8:47 pm |
Won’t be much money involved. The Police Jury gets 3/4 cent; the sheriff now gets 1/4ent, the fire district gets 1/4 cent and the state gets, what 4 or 4 1/2 cents I forget which. Sales tax on the materials is what it amounts to.