|
| |
Enterprise Zone
|
|
Enterprise zones provide extra
incentives for business. Double the Investment/New Jobs Tax Credit
is allowed and low interest loans may be made available through enterprise
district loan funds. Local communities may exempt local taxes for
six (6) years (instead of 5) for qualifying businesses (62 O.S. §
860). Small LInked Deposit Loans may be for longer terms. (62 O.S.
§§ 88 1A et seq.)
The map and description of the enterprise zone (Enumeration District
ED-372) in Clinton are given below. For more information on
Enterprise Zones and other State incentives, visit the Oklahoma Department
of Commerce at:
|
|
www.locateok.com |
|
|
|
|
|
|
|
Description:
Beginning at the Southwest corner of the intersection of
Commerce Road, Sauter Drive and Neptune Drive (also known as East
right-of-way line of Neptune Drive (Route 66) to I-40 Interchange, where
Neptune Drive becomes 10th Street, continuing Northeasterly along 10th
Street to the intersection of 10th Street and Opal Avenue, continuing East
on Opal Avenue to the interseciton of South 6th Street and Opal
Avenue; thence North along the East right-of-way of S. 6th Street to
the intersection of South 6th street and Locust Avenue; thence East along
the South right-of-way line of Locust Avenue to the intersection of Locust
Avenue and South 3rd Street; thence North along the East right-of-way line
of South 3rd street to the intersection of South 3rd Street and Hayes
Avenue; thence East along the South right-of-way line of Hayes avenue to
the intersection of Hayes Avenue and Glenn Smith Road; thence North along
the East right-of-way line of Glenn Smith Road to the intersection of
Glenn Smith Road and Gary Boulevard; thence East along the South right-of-way
line of Gary Boulevard to the intersection of Gary Boulevard and the
Eastern boundary of the corporate limits of Clinton; thence South along
the Clinton Corporate Boundary a distance of some 2500 feet; thence West
along the Clinton Corporate Boundary a distance of some 800 feet; thence
South along the Clinton Corporate Boundary a distance of 2640 feet; thence
West along the Clinton Corporate Boundary a distance of some 330 feet;
thence North along the Clinton Corporate Boundary a distance of some 300
feet; thence West along the Clinton Corporate Boundary a distance of some
300 feet; thence South along the Clinton Corporate Boundary a distance of
5500 feet; thence West along the Clinton Corporate Boundary a distance of
2640 feet; thence South along the Clinton Corporate Boundary a distance of
2640 feet; thence West along the Clinton Corporate Boundary a distance of
one mile to the original point of beginning. The above described
property is located in portions of Section 13, 14, 22, 23, 24, 26 and 27,
Township 12 North, Range 17 West, WIM., City of Clinton, Custer County,
Oklahoma. |
|
