Skip to main content

County grants tax-relief status to Kane Magnetics site

August 28, 2013

Photo by Ted Lutz – All three taxing bodies have granted property tax-relief status for the defunct Kane Magnetics plant on Elk Avenue in an effort to attract a buyer.

SMETHPORT – If the state gives its blessing, a new owner of the 17.5-acre Kane Magnetics complex at 700 Elk Ave. in Kane won't be paying property taxes until 2023.
The McKean County Board of Commissioners agreed Tuesday to place the defunct plant in a tax-relief program known as the Keystone Opportunity Zone (KOZ).

The Kane Country Club golf course now is open for the season. Ready to play Friday are cousins Joe...
When the game between the St. Marys Area Flying Dutchmen and Bradford Owls was postponed on...
Mac and Eddie McQuillen took 1st place in the District Eagles Championships held in Clearfield....

 

Premium Drupal Themes by Adaptivethemes