Education

Bibb BOE OKs tax break for mystery company

Macon-Bibb County Chamber of Commerce officials asked the Bibb County school board Thursday to approve a tax break for a company looking to perhaps open in Macon.

The company, referred to by the code name “Project Freeze,” operates refrigerated warehouses around the country. It plans to build a $20 million facility, which will generate 70 jobs with an annual payroll of $2.5 million, and will generate $1.2 million in local property taxes over a 10 year period, said Pat Topping, senior vice president of the Macon Economic Development Commission.

Bibb is one of the counties that the company is looking to locate in. Since the school board and county have taxing authority, both boards have to approve any tax breaks, which they hope would lure the company here. The school board voted Thursday to allow the tax abatement.

Topping said if the company moved to Macon, it would generate $900,000 in property taxes for the school system over 10 years, even with the tax break.

  Comments