Vernon Council OKs final plans for Enterprise Zone

Published: Tuesday, November 19, 2013 at 01:32 PM.

VERNON — The Vernon City Council approved the proposed expansion to the town’s Enterprise Zone on Monday night, paving the way for the revisions to be submitted to the state.

The town of Ebro also approved expansions to their Enterprise Zone on Thursday, so three more miles of potential economic development have been added to Washington County.

An Enterprise Zone is a state-created area for industrial or commercial development that offers incentives to businesses in order to create jobs. Those incentives include jobs creation tax credits, electrical energy tax credits, sales tax refunds for jobs creation and building materials, property tax credits for jobs creation and sales tax refunds for business equipment and machinery.

Last year the state Legislature passed a new law allowing counties to expand their Enterprise Zones, and Washington County will be allowed to expand its areas by three miles, which Washington County Chamber of Commerce Executive Director Ted Everett divided between Ebro and Vernon.

The bulk of the county’s Enterprise Zone is located in Chipley, but now Ebro and Vernon each have more than an additional mile.

“I think this is great,” said Mike DeRuntz, senior planner for Washington County. “This will provide a lot of opportunity for the future of Vernon.”

The Enterprise Zone changes will also have to be approved by the county Planning and Zoning Commission and the Board of County Commissioners since part of the changes include county property.

1 2 3

Reader comments posted to this article may be published in our print edition. All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

▲ Return to Top