Commission mulling tax exemptions

SANDPOINT — Bonner County commissioners are conducting a public hearing on Friday to consider four applications for business property tax exemptions.

The hearing starts at 9 a.m. at the Bonner County Administration Building.

Idaho law requires commissioners to conduct the hearing in order to obtain feedback from stakeholders and members of the public, in addition to discussing the economic benefits that will accrue to Bonner County as a result of qualifying plant investments.

The commission is slated to consider applications from the following businesses:

- Idagon — This Sandpoint residential, commercial and public works construction company built a new warehouse and office space at 1225 Washington Ave. The company asserts a $550,000 qualifying investment and has taken on two new permanent employees and anticipate hiring up to two more permanent project managers and general laborers. Idagon also asserts that its qualified investments will allow them to employ around 50 subcontractors daily.

- Mountain Metals — Mountain Metals is a structural and ornamental metal fabricator with a new production facility at 774 Triangle Drive in Ponderay. The company asserts a $970,832 qualifying investment, which has enabled the creation of two new permanent welders and plans to fill two additional permanent structural welders and a steel detailer position.

- Ponderay Industrial Park — This Idaho limited-liability corporation is a developer which built a new facility at 823 Hawthorne Ave. in Ponderay. The facility was a build-to-suit project for Dietrich Roasters. The corporation asserts at $4.4 million qualifying investment which has allowed Dietrich to hire nine additional permanent workers and expects to hire three more.

- Sandpoint Properties — This limited-liability corporation is a landlord to medical service providers at its medical campus along Highway 200 in Ponderay. Sandpoint Properties asserts a $3.4 million qualifying investment. As a result of the investment the LLC now has the following tenants: Kauai Therapy & Wellness, Northern Lakes Chiropractic Clinic and Woodlands Family Medicine. The LLC’s plans involve attracting new tenants which may include a retail pharmacy, a coffee shop and other complementary medical service providers. The investment led to the creation of 10 new permanent jobs.

Keith Kinnaird can be reached by email at kkinnaird@bonnercountydailybee.com and follow him on Twitter @KeithDailyBee.