District 742 Board Approves Abatement Request For Marco
ST. CLOUD – Marco Incorporated has been granted an approval of a tax abatement request from the St. Cloud Area school district. The board approved the $22,000 annual tax abatement at their meeting last (Wednesday) night.
The school district’s approval comes one day after Stearns County Commissioner voted it down.
The St. Cloud city council will take-up the issue during a public hearing on June 20th.
Marco is asking for a total abatement of nearly $1 million over a seven-year period to help pay for a new headquarters near Interstate 94.