The Emporia City Commission approved an ordinance granting a 10-year property tax abatement to Cargill Animal Nutrition Wednesday afternoon.
The abatement, which exempts Cargill from tax liability on its property, was previously discussed during a May 2, 2018, action session during which commissions approved an incentive compliance agreement with the dog food manufacturer in relation to its $4.5 million warehouse expansion project. At the time, Cargill had invested more than $5 million in new equipment and upgrades at its Emporia Facility.
David Belpedio, a partner with MarksNelson accounting firm out of Kansas City, said Cargill was excited to continue its commitment to Emporia with projected investments of $1.6 million to be made in 2021 and $2.5 million by 2022 at the local facility.
(Read more: Emporia Gazette)
