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Tax abatement extended to Mudd Ox

 

A personal property tax abatement was unanimously extended to Mudd Ox at the Monday County Council meeting. The tax abatement will cover some $125,000 in new machinery for the company. The investment will initially provide three new jobs.

Mudd Ox was named the manufacturer and distribution company of the year for northeast Indiana area recently by the KPC Business Review. The company is ready to expand again, according to owner Matt Oxender.

Oxender said the company, which manufacturers an 8-wheel drive amphibious vehicle, needs the equipment to help control the parts needed for their product. “Many of the parts we use are manufactured outside the county and we need to control delivery time to meet our customers’ schedules,” he continued.

Keith Gillenwater, president of the Economic Development Corporation, explained to council members that the abatement will bring some $3500 a year in CAGIT funds to the county as well as $1500 in CEDIT funds.

Sheriff Terry Martin appeared before the board to report that he has overspent his appropriation for fuel this year by some $9900 at the end of November. “I will need about $10,000 additional for the month of December,” he said.

Council responded by voting unanimously to fund the shortfall by taking as much as possible from the Riverboat Gambling Fund with the balance to come from Rainy Day funds.

Sheriff Martin noted that there is an opening for a person to replace an open position in the office area of the sheriff’s department. “Applications will be taken through Friday, Dec. 21,” he said.

Mike Metz requested that council allow the parks department to encumber all funds remaining in the Parks and Recreation budget at the end of the year, estimated to be some $5000 to $6000, for the purchase of a utility vehicle for the department. He explained that the remained of the funds necessary for purchasing the vehicle will come from the mower replacement fund for 2013. “Because of the dry conditions this summer, we did not have as many hours on our mowers as normal this year, so we will not be needing to trade machines next year,” he explained.

The vehicle being added will help with the construction of new trails at the Dallas Lake Park as well as with other chores throughout the park system.