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Ashland gets three new business enterprise zones

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Monday, April 29, 2013

Ashland created three enterprise zones to give property tax exemptions to companies that build there.

The zones cover land along the railroad tracks and Hersey Street in central Ashland, property around the former Croman Mill site near Exit 14 and areas surrounding the Ashland Municipal Airport.

A business that builds new facilities and boosts its full-time employment by at least 10 percent can win an exemption from property taxes for three years, said city management analyst Adam Hanks.

Read more at The Mail Tribune.

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