:: SITE SELECTOR TOOLS

LOCAL INCENTIVES

Purpose :: Provide local incentive programs for new or expanding businesses in Moberly, Randolph County, Monroe County, Howard County.

Eligibility :: Local incentive programs are discretionary. Eligibility varies with individual programs and is based on the company’s core business operations.

Funding Limits :: Funding limits are determined based upon the project’s minimum capital investment, number of new jobs created and level of employee compensation.

Application/Approval Procedures :: MAEDC must first offer program benefits in the form of a formal proposal. The company must return the accepted proposal within 90-days of the proposal date. All incentives must be approved prior to the start of construction, purchase of equipment or hiring of new personnel.

Incentives (for qualifying projects):

Missouri Works: Moberly, Randolph County, Paris, Monroe City, Monroe County, Howard County
Real and Personal Property Tax Abatements
Low Cost/No Cost Land Options
Build to Suit Scenario/Bond Financing
Waiver of Municipal Fees & Charges
Negotiable Local Utilities
Streamlined Permitting Process
Sales & Use Tax Abatements on Building Materials and Equipment
Assistance with Infrastructure Improvements
Foreign Trade Zone Program
HUBZone Program
USDA/SBA Loan Guarantee Programs
New Market Tax Credit Financing Program
Customized Training Opportunities
Incentives Coordination and Assistance
Facilitation of Permitting Process and Approvals