Opportunity Lockney will organize to provide the following services relative to tax abatement and incentives:
Research and develop a working knowledge of processes and resources to assist Lockeny businesses and organizations in all areas of business development. Training will be obtained through various organizations including the South Plains Association of Governments, State Comptroller's Office, Texas Attorney General's Office and others. Areas of emphasis will include financing resources, grant funding, business education courses, tax abatement, local and state business programs, and SBA resources.
Offer support to both existing and prospective Lockney businesses & organizations where tax abatement and incentives may apply.
Evaluate all applications made with the LEDC to determine their eligibility for state and local programs.
Work as liaison between the LEDC and all taxing entities within Floyd County to ensure that an effective abatement plan is in place and is being followed correctly. Insure that all taxing entities elect current abatement resolutions every 24 months.
Work in conjunction with all LEDC committees to better serve Lockney businesses & organizations.