SEC. 27-1. TOURISM ZONE INCENTIVES
The purpose for creating a tourism zone is to attract more investment and prioritize the zone for tourism development. Qualified new or expanding businesses that are interested in locating in the zone may be eligible for incentives.
These properties are located in an enterprise zone which can provide your company with grant resources and fee rebates for locating a business at the site. Some of those possibilities, as well as the site utilities are listed below.
Utility Consumer Tax Reduction: A payment equal to the amount of a three year reduction of utility consumer tax for qualifying new businesses. A 70% reduction for year one, 40% reduction for year two and a 20% reduction for year three.
Business License Tax Reduction: A payment equal to the amount of a three year reduction of business license taxes for qualifying new businesses. 70%-40%-20% reductions
Real Estate Tax Reduction: A payment equal to the amount of a three year reduction in real estate taxes for qualifying new businesses. 70%-40%-20% reductions
Machinery and Tools Tax Reduction: A payment equal to the amount of a three year reduction in the machinery and tool tax for qualifying new businesses. 70%-40%-20% reductions
Rezoning Fees Reimbursement: A payment equal to the amount of the rezoning application fees for a qualifying new business.
Building Permit Fee Reimbursement: A payment equal to the amount of the building permit fees for qualifying new businesses.
Virginia Job Creation Grant: Qualifying businesses located within the Enterprise Zone may be entitled to $500-$800 per new position per year for five years (positions 1-4 do not count). Excludes retail, personal service, personal care services, hair , nail and skin care services, diet and weight reducing centers, death care services, funeral homes and funeral services, cemeteries and crematories, dry cleaning and laundry services, coin-operated laundries and drycleaners, linen and uniform supply, industrial launderers, pet care, except veterinary services, photo finishing, photo finishing laboratories, except one-hour, one-hour finishing, parking lots and garages and all other personal services.
Virginia Real Property Investment Grant: Up to $100,000 per building for qualifying real property investments of less than $5,000,000 and up to $200,000 per building or facility for qualifying real property investments of $5,000,000 or more over a five year period.
Interested parties should contact Chuck Unroe, Town Manager, 547 Main Street, Clifton Forge, VA 24422 or e-mail cunroe@cliftonforgeva.gov. For more information contact the Town of Clifton Forge at 540-863-2500.
Water System:
Town of Clifton Forge
Sewer System:
Regional Wastewater Treatment Plant owned by Alleghany County
Power Provider:
Dominion Power
Natural Gas Provider:
Columbia Gas
Solid Waste Disposal:
Transfer Station
On site pick-up: Yes
Please click on the link(s) below to view more information:
Town Hall of Clifton Forge, Va.
547 Main Street
Clifton Forge, Virginia 24422
Google Map Directions
Office Hours: M-F 8:30am to 5pm
To Douthat State Park: 5.7 miles
To Covington, Virginia: 13 miles
To Humpback Covered Bridge: 16 miles
To Falling Spring Falls: 18 miles
To Lexington, Virginia: 29 miles
To The Omni Homestead Resort, Hot Springs, VA: 35 miles
To The Greenbrier Resort, White Sulphur Springs, WV: 36 miles
To Roanoke, VA: 44 miles
To Blacksburg, VA: 77 miles
To Charlottesville, VA: 95 miles
To Charleston, WV: 150 miles
To Richmond, VA: 166 miles
To Washington, DC: 218 miles
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