Exemption extended for Iola Pharmacy

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News

February 22, 2012 - 12:00 AM

Allen County commissioners joined other local taxing entities in giving Iola Pharmacy an exception to provide it with property tax abatement for its facility at 1408 East St.

Bill Walden, a partner in the pharmacy, told commissioners  USD 257, Iola and Allen County Community College had agreed to give the business the tax abatement within the Neighborhood Revitalization Program.

The exception will not be retroactive to when the East Street facility opened in 2007, but will be good for the remaining seven years of the 10-year break. The next…

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