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Industrial Development Bonds (IDBs) PDFPrintE-mail

JEDCO is authorized to issue long-term fixed-asset, taxable and tax-exempt revenue bonds to acquire land, to construct, to purchase or renovate buildings, and to acquire and install machinery and equipment used in the business or trade of a for-profit entity within Jefferson Parish.

Tax-exempt issues apply solely to manufacturing facilities and can usually be accomplished at lower interest rates than conventional financing. Taxable bonds for non-manufacturing businesses may carry other tax benefits.

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