Angelina County Cancels Tax Abatement With Abitibi - KTRE.com | Lufkin and Nacogdoches, Texas

08/24/05 - Angelina County

Angelina County Cancels Tax Abatement With Abitibi

by Jessica Cervantez

The Angelina County commissioner's court has voted to cancel the Abitibi mill abatement agreement. The abatement has been voided because of the idling of the mill. It had been extended in the hope that the mill would re-open.

If the mill does not open by the end of December, Abitibi would have to pay back to the county $300,000 of the abated taxes for 2004 and 2005. If they do restart the mill and Abitibi asks for another abatement, the court can consider it.

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