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New investments for facilities and equipment qualify. The EDI Ordinance defines facilities as commercial or industrial property such as a building, plant, or structure that is built, established, or installed in the Borough of Lansdale. The EDI Ordinance defines equipment as tangible property (other than land or buildings) of more or less durable nature including devices, computer hardware, machines, tools, and vehicles which is useful in carrying on the operations of a business excluding: computer hardware used exclusively for word processing; consumable materials used in manufacturing or research or development; inventory of the business; and, products of the business.
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Yes! You can read the entire EDI Ordinance.
View a table of the different incentive levels and the discounts associated with the ordinance.
Yes! Provided that new capital investment is made after the date of the ordinance and the required employment levels are maintained during the incentive period.