Monday, April 02, 2012
Coburg city leaders are considering implementing an enterprise zone to lure businesses through tax breaks.
Jae Pudewell, the acting Coburg mayor who is considering running for the position, said that although city leaders “are at the very beginning of” looking into a new enterprise zone, he is “intrigued” by the idea.
“Economic development and opportunity are obviously at the top of (city councilors’) minds,” he said.
Getting new businesses into those spaces could help pay for the $25 million new sewer system, much of which is expected to be built this year, Pudewell said. Under current plans, city residents are on the hook for a monthly sewer assessment of approximately $80.
Read more at The Register-Guard.