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International Paper going for 15 instead of 30

A government source told The Daily News this afternoon International Paper, which will be seeking incentives soon to help the company keep and expand its headquarters here, will move forward with seeking 15-year tax freezes on multiple buildings. That’s in contrast to the possibility of a 30-year tax freeze the company originally tested the waters on.
An Economic Development Growth Engine Board meeting was expected as early as next week to vote on the project.
“Apparently, they worked it out, liked we’d hoped they would,” said Shelby County Commissioner Mike Ritz.

Dansette

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