Inman approves tax incentives for new homes
- New homes built within Inman will not be susceptible to city property taxes for five years.
New homes built within Inman will not be susceptible to city property taxes for five years.
The decision was made after the Inman City Council meeting on Monday. The plan exists as a five-year rebate program to encourage builders or buyers of new construction homes.
John O’Brien, mayor, said he hopes the program will encourage more homes in Inman.
“This is one step toward encouraging new houses, but we’re still discussing other possibilities,” O’Brien said.
The property tax rebate does not extend to special assessments.
The city also discussed the potential of hiring a development director, but no decision has been made yet.
“We were looking at a possible part-time position, but it’s still in discussion,” O’Brien said.
A special meeting will be conducted at 6 p.m. Monday to conduct annual department head evaluations.
In other business
• The city will have 50 feet of sidewalk replaced at 316 N. Locust, and the owner will reimburse the city for the cost.
• USD 448 donated a tornado slide to the city. The slide will be inspected and placed at a park, if suitable.
• Commissioners accepted changes to the Cottonwood Construction contract. Change orders will be charged at $35 per hour, and existing sewer taps will try to be salvaged to avoid charges for new taps.