The Finney County Commission on Monday agreed to enter into a memorandum of understanding regarding a 10-year, 20-percent tax abatement for a new agricultural business set to bring 15 jobs to Finney County over its first two years.

Livestock Nutrition Center, LLC, a livestock feed company currently located in five states, requested the tax abatement. The Garden City location at 3680 Jones Ave., an old feed mill that has been shut down for over a year, will mark the company’s second location in the state and only one in western Kansas.

Lona DuVall, president and CEO of the Finney County Economic Development Corp., said the new company could be beneficial for local farmers and cattle feed yards alike.

“Anything that we can do to add additional value to the grain crops that our farmers are growing here is going to be a good thing,” she said after Monday’s commission meeting. “The more opportunities we have to enhance the feed quality, the better it’s going to be for everybody involved.”

(Read more: News – The Garden City Telegram)