Industrial Revenue Bonds
Industrial Revenue Bonds can be issued to assist with the construction of your buildings at the Great Plains Industrial Park. This tool allows for standard exemption from sales tax for materials and from ad valorem property taxes for ten years. GPIP can also offer property tax exemption on leased land. GPDA, can offer lease-back opportunities to you for your construction project. GPDA will consider lease, lease-purchase, or land sales for your building site. Lease or sale prices are determined per the needs of each company at GPIP, and we are extremely flexible in how we construct agreements. If criteria can be met, land prices can be negotiated.