News and Tribune

Clark County

January 27, 2013

Jeffersonville bond resolutions approved

Culver’s gets a tax abatement, plans to locate along Veterans Parkway

(Continued)

JEFFERSONVILLE — Culver’s tax abatement

A 10-year tax abatement for a Culver’s restaurant on Veterans Parkway was approved by the redevelopment commission.

Before the abatement was approved, Waiz explained that an abatement of this type is somewhat unusual, but he also said it may provide a needed benefit to the area.

“I don’t think we do too many restaurants actually for a tax abatement, but this would just be a great shot in the arm for Veterans Parkway,” Waiz said. “This would be something to get things jump-started”

Culver’s Owner Frank Spanopoulos said the investment to open the restaurant will be about $2.2 million. When it is operational, Culver’s will employ between 40 and 60 people and have a payroll of $400,000 to $500,000.

The abatement on the Culver’s property only was unanimously approved.

Text Only | Photo Reprints

LOCAL MAGAZINES
Easter 2014 photos


Click on any photo to purchase it.

LOCAL STATISTICS
Twitter Updates
Follow us on twitter
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
AP Video
Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites Anti-violence Advocate Killed, but Not Silenced. Dempsey: Putin May Light Fire and Lose Control Arizona Prison Chief: Execution Wasn't Botched Calif. Police Investigate Peacock Shooting Death Raw: Protesters, Soldiers Clash in West Bank Police: Doctor Who Shot Gunman 'Saved Lives' 'Modern Family' Star on Gay Athletes Coming Out MN Twins Debut Beer Vending Machine DA: Pa. Doctor Fired Back at Hospital Gunman Raw: Iowa Police Dash Cam Shows Wild Chase
2013 Photos of the year


Take a look at our most memorable photos from 2013.