In what continues to be one of the most divisive issues in Columbia, a proposed Enhanced Enterprise Zone was the topic of more public discussion and a rally at last night’s Columbia City Council meeting.
Columbia residents rallied last night to express frustrations over the Enhanced Enterprise Zone and what they believe to be a nonresponsive municipal government.
Columbia residents have publicly voiced their opposition to the measure that is designed to bring jobs to Columbia through a series of tax credits for businesses that set up within the zone’s boundaries.
In February, Regional Economic Development, Inc. proposed an Enhanced Enterprise Zone in Columbia. Facing a public backlash, city council has thrown out the original proposal, and will possibly start the process over, this time with more community input. In part three of her three part series, KBIA’s Sarah Redohl tells us some of the EEZ statute is tough to explain.
Regional Economic Development Inc., or REDI, proposed an Enhanced Enterprise Zone in Columbia in February. The state program offers tax incentives to businesses investing in economically depressed areas. On Monday, Columbia City Council voted to throw out the original proposal, and possibly start the process over. It’s not yet clear whether the same area would be proposed for an EEZ, but KBIA’s Sarah Redohl analyzed the old data to see how it measured up to the blight designation. She explains the original proposal didn’t include some of Columbia’s poorest neighborhoods.