JAMESTOWN, N.D.(NewsDakota.com) – At the combined city committee meeting, the Finance and Legal committee considered a resolution for final approval of Renaissance Zone incentives for the property located at 213 1st Ave N in downtown Jamestown. The current site of The Full Monte Salon and Spa.
The incentives include a five-year 100 percent property tax exemption, and a recommendation to the State of ND to grant a 5-year 100 percent state income tax exemption.
Mayor Dwaine Heinrich talked about the importance of Renaissance Zone incentives to improve the community…
The resolution received preliminary approval at the last city council meeting on December 5th. The motion for final approval was passed unanimously.