New Orleans City Council wraps up more Costco arrangements | NOLA.com

The New Orleans City Council can't seem to finish its business with Costco. For the third time in its past four meetings, the council Thursday dealt with various approvals and financial incentives for the retailer's planned big-box warehouse store in the Carrollton area. Officials have said Costco plans to invest $45 million in the 148,000-square-foot store, its first in Louisiana.

...the council voted for a second time to give Costco a tax break of as much as $3.3 million -- $660,000 a year for five years -- to help pay for expenses that officials say the company would not encounter in other cities. The money will be used for site elevation work needed to meet FEMA base elevation requirements to mitigate flooding. The work includes driving 2,600 timber piles.

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