Tax Abatement Funds Creation Of Native Indiana Plant Nursery

The ten-year abatement forgives 90 percent of property taxes in its first year then slowly increases the company's tax burden thereafter.

Sycamore tree

Photo: Julie Falk / Flickr

Trees like this fallen sycamore could be replaced by Eco Logic's native plant nursery.

A Monroe County ecological restoration firm has received a tax abatement as it prepares to become the first in the state to open a nursery devoted solely to native Indiana plants.

Eco Logic already focuses on restoring wetlands, prairies and forests. Now, says Executive Director Spencer Goehl, the company can work with partners in the state to see that blighted land is repopulated with plants native to it.

“In terms of ecological restoration the seed nursery would be able to provide the nature conservancy and Hoosier National Forest and Sycamore Land Trust the seeds to go out and restore large tracks of land,” he says.

Goehl says creating a native plant nursery will help combat the ecological damage associated with invasive species, adding the company also plans to invest in new irrigation systems and greenhouses as well as hiring six to eight new employees.

The tax abatement forgives 90 percent of Eco Logic’s  property tax burden during the first year, with taxes increasing over a ten year period based on the value of the company’s infrastructure.

Kyle Clayton

Kyle Clayton is a WFIU news producer. He is currently studying journalism at Indiana University and comes to WFIU following an internship in the fall of 2011. After serving in the U.S. Army, he returned home to Indiana in 2008 to begin his education and pursue his interests in writing.

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  • Joe

    Fantastic Eco Logic and Indiana!  This is a big step forward to preserving and restoring the not just beautiful but necessary ecosystems here!  The kids from PU would visit our woods and land for several weeks each year to see what an undisturbed woodland in Indiana looked like.  This was when I was a kid, my parents have long past and the property has left our hands, but I hope it is still as it was, and still being studied.  The plant life was just amazing!  I can not wait until the rest of you get to enjoy Indiana restored!  I hope they will work with the city of Bloomington to restore parts of the new Swithchyard Park, places along the B-Line Trail,  and other city parks that have places where they want to stop mowing.

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