Tax Abatement Deadline Extended for Iowa Park Business

Wichita County Commissioners voted to extend a tax abatement deadline for an Iowa Park business that has created more than its agreed to amount of jobs.

Commissioners were asked to extend the tax abatement agreement for S-5 Manufacturing.

The Iowa Park company had a deadline to build a new facility by December 31st.

They're currently housed in the old Walmart building.

Today, the company asked for more time to build another facility so it can be built without borrowing money.

Company officials say they've gone above and beyond the requirement to create jobs.

"S-5 has already complied, in fact, more than complied with the requirements to create jobs under the tax abatement agreement. They've almost created double the amount of jobs that were required in the agreement, so I think both the county and city will be very interested in working with them," says Jay Cantrell, Iowa Park city attorney.

Commissioners unanimously voted to extend the tax abate agreement to April 30th of next year.

Commissioners also voted to proceed with the construction of a shelter for stray livestock picked up by Wichita County Sheriff's deputies.

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