Incentives and Financing

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Financing Options
The City of St. James and the St. James Industrial Development Authority is willing to explore financing options, including Chapter 100 Industrial Development Bonds and Chapter 349 Industrial Development Bonding. These two methods of financing offer an alternative to manufacturers for financing of their facilities.

 

Other Incentives
The City of St. James would contribute the cost of necessary infrastructure including water, sewer, electrical, and natural gas – including all necessary meters – to the property site.
A portion to all of the desired land needed to support the company in the industrial park can be offered at no cost to the company based on qualifying factors – primarily job creation.