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Tuesday, May 22, 2018, 6:48 a.m.

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Benton County courts building costs increase

By Tom Sissom

This article was published February 14, 2018 at 1:06 a.m.

Tax incentives

Benton County’s justices of the peace were asked Tuesday to approve issuing $400 million in industrial development revenue bonds for Simmons Foods and for the company to participate in a property tax rebate program. The Committee of the Whole was presented a proposal approving Simmons Foods for the “payment in lieu of taxes” program in conjunction with the recently approved $300 million plant near Gentry. The Quorum Court will host a public hearing on the issue March 22.

Source: Benton County

The cost of Benton County's proposed courts building has jumped from an early estimate of around $25 million to almost $30 million.

Tax incentives

Benton County’s justices of the peace were asked Tuesday to approve issuing $400 million in industrial development revenue bonds for Simmons Foods and for the company to participate in a property tax rebate program. The Committee of the Whole was presented a proposal approving Simmons Foods for the “payment in lieu of taxes” program in conjunction with the recently approved $300 million plant near Gentry. The Quorum Court will host a public hearing on the issue March 22.

Source: Benton County

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