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County seeks to renew enterprise zone designationJanuary 09 2014 - 3:09 pm
Non-retail businesses that set up shop inside Grand County’s enterprise zone will be eligible to receive tax credits and other incentives for another five years, pending state approval.
The Grand County Council voted 6-0 on Dec. 17 to approve a resolution that allows the county to apply for a continuation of its enterprise zone designation. Council member Rory Paxman was not present for the board’s vote.
Utah’s enterprise zone program is designed to benefit small, rural communities where unemployment rates are typically high and wages tend to be lower than they are in the state’s urban areas.