(Le Mars) — Iowa’s Lt. Governor Adam Gregg made a brief stop in Le Mars on Friday afternoon. The Lt. Governor visited with Adam Brown regarding his apartment complex located on Horton Drive between Walmart and the Le Mars Municipal Airport. Brown had acquired a state incentive tax break when first constructing the apartment complex. Brown explains the purpose behind the
visit.
Brown says one of his tenants was kind enough to allow the Lt. Governor an opportunity to view one of the apartment units.
Brown explains how he was able to acquire the state-funded tax incentives that allowed him the financing to construct the apartment complex.
Brown says Lt. Governor Gregg was interested in knowing the economic impact the tax incentive program had on the immediate area.
The three apartment complexes hold 100 units, which Brown says are all full.
In addition to the apartment buildings near the airport, Brown also owns the
Midtown Apartments, formerly the Abby long-term care facility, which has been
converted to hold 26 units, and they too are full. Brown says he was impressed with meeting Lt. Governor Adam Gregg, saying he is a native of northwest Iowa, who is interested in seeing where the state’s money is going back into the communities.
(photos courtesy of the Governor’s Office)
