Bondurant Economic Development

 

 

 

 

 

 

 

 

 

 

 

 


Bondurant Development, Inc.
Contact Information:

President: Steve Hall (515) 967-6058
City Administrator: Mark Arentsen

Population: 2951
School District: Bondurant-Farrar
Largest Employer: Diamond Crystal Specialty Foods

Bondurant is Member of East Polk Regional Development.  Site information and demographics
are available at www.iowa-property.com

Tax Abatement:

Resident - A qualified real estate assessed as residential is eligible to receive an 80% exemption from taxation on actual value added by the improvements for a period of three (3) years or a period of five (5) years as follows:
   80% the First Year
   70% the Second Year
   60% the Third Year
   50% the Fourth Year
   40% the Fifth Year
 

 

   Commercial - All qualified real estate assessed as commercial property is eligible to receive a 100% exemption from taxation on the actual value added by the improvements for a period of three (3) years or a period of six (6) years as follows:
   80% the First Year
   70% the Second Year
   60% the Third Year
   50% the Fourth Year
   40% the Fifth Year
   30% the Sixth Year

TIF Financing may be Available