Ankeny doubles economic development incentive
The Ankeny City Council on Tuesday approved a new policy that will provide up to 10 years of economic development incentives to existing businesses in Ankeny that make new investments or add employees, double the current five-year period. The Local Business Investment Policy, which applies to companies in the biosciences, advanced manufacturing, logistics and information technology/business services sectors, may include grants, loans, property tax abatements and property tax rebates, and will be offered for the next two years, city officials said.
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