Busy Bee Seeks Eight-Year Tax Abatement Incentive
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Description
The Columbia County Economic Development Advisory Board is asked to consider a multi-year ad valorem tax abatement for Busy Bee’s Ellisville project, offering 75% abatement on new property and 50% on tangible property taxes. The incentive would support a $75 million investment in a 70,000 square foot facility with 75 full-time jobs over an eight-year term.
Contract Details
Vendor
BUSY BEE
Agency
Columbia County, FL
Contract Type
FINANCIAL_SERVICES
Document Date
April 16, 2026
Contract Term
8 years
Renewal Info
Business incentive guidelines allow up to eight-year abatements; the proposed incentive is for the maximum term based on scoring criteria. Any extension or modification would require new board action.
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