The Culver Economic Development Commission met for the first time Monday night with Jonathan Leist voted as the president, Don Fox as vice president and Kevin Overmyer as secretary.
With the organization of the commission complete, Marshall County Economic Development Corporation Executive Director Jerry Chavez explained the purpose of residential tax abatement. If a developer is seeking residential tax abatement, a resolution must be approved by the Culver Economic Development Commission creating the site as an economic revitalization target area. It differs slightly from a commercial tax abatement.