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Council Approves PRD Tax Abatement For Improvements
Updated May 5, 2013 1:05 AM | Filed under: WBIW News
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(BEDFORD) - The Lawrence County Council approved a ten year tax abatement for PRD Inc., Tuesday night.

The company is spending $1.9 million on new equipment and plans to hire six new employees. Currently the company employees 94 people. The equipment will allow the company to be more competitive at an international level.

The council also approved to get rid of the $500 filing fee for tax abatements so it will be easier for businesses to apply for tax abatements.

"We need to make it as easy as possible for new businesses to come to Lawrence County," says Council President Gene McCracken.

Dave Branham, of Lawrence County Tourism, told the council their budget has increased by 12 percent thanks to grant funding.

They are in the final stages of finalizing their marketing strategy for 2012. Some of the things the committee is looking at is featuring Lawrence County on the television show Indiana Outdoor Adventure. Other ideas are doing a driving tour on smart phones and advertising on the Patoka Lake area map.

In other business the council:

* Approved transfer of $4,383.77 from the prosecutor's pretrial diversion fund to the victim assistant fund.

* Approved the transfer of a million dollars from the county's general fund to the rainy day fund.

*Approved the transfer of $350,000 from the general funds to the reassessment fund.

*Approved three budgets for the Lawrence County Health Department.

*Approved the transfer of money from the probation feed to circuit court and the transfer of adult user fees into the ADAPT program.

*Approved the Lawrence County Tourism Budget for 2012.

*Approved the 2012 Salary Ordinance.



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