Cedar Rapids council OKs incentives for new CRBT office building

Cedar Rapids Bank & Trust’s (CRBT) plan to build a new office building just east of their main downtown facility received official support from the Cedar Rapids City Council Tuesday.

At its meeting Tuesday, the council approved a package of standard financial incentives for the new CRBT office building project under the city’s Targeted District Reinvestment economic development program, including a 10-year, 50% rebate of increased taxes…