Lonza enterprise zone tax exemption
Summary
The city handed Lonza a ten-year property tax exemption on a $251 million lab expansion in exchange for 81 jobs paying at least 150% of county average wage and school support payments in the extended years.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 7, 2026.
Impact analysis
Property taxes on $251 million of new investment are exempted up to ten years, with 15% school support fees collected in years four through ten.
Lonza and bioscience workers, including jobs reachable with an associate degree or certificate.
School districts and other taxing bodies forgo property tax revenue during the exemption period.
Mentions & discussions (3)
City Council Business Meeting - Oct 7, 2026
Lonza Bend gets a property tax exemption on new capital investment for up to ten years in exchange for job-creating investment.
City Council Business Meeting - Aug 5, 2026
The city handed Lonza a ten-year property tax exemption on a $251 million lab expansion in exchange for 81 jobs paying at least 150% of county average wage and school support payments in the extended years.
City Council Business Meeting - Jul 15, 2026
Businesses that create jobs paying at least $99,340 (150% of county median wage) and invest $25 million or more can now seek property tax abatements up to ten years instead of five. Base property taxes still get paid; a data center moratorium stays in place for now.
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