Council Approves First Abatement

BOONE, Iowa---The Boone City Council was able to give approval to a tax abatement request submitted under the city's new Urban Revitalization Plan.  The economic development tool focuses on creating increases in the tax base by encouraging new development or expansion.  Boone Mayor John Slight says he feels the plan will be beneficial to the community.  The approved abatement was for a residential property on South Jackson Street.  Slight says the idea is to also encourage commercial and industrial development as well.