Two Plymouth businesses are anticipating an expansion.
Representatives from Pretzels, Inc. and Weir Enterprises, LLC spoke to the Plymouth City Council members about their intentions to expand and create jobs.
Plymouth City Council Discusses Resolution for Future Tax Abatement
The Plymouth City Council members Monday night reopened the public hearing from the last meeting that included discussion surrounding a resolution to consider the River Gate South Development, LLC as an economic development target area and an economic revitalization area. The approval of the resolution would set up the River Gate South housing development project for a tax phase-in for seven years, meaning no real estate taxes would be paid the first year but it would phase in until full taxes are realized after the 7th year.
Economic Growth Anticipated As a Result of Resolution Approval from Culver Town Council
An area in Culver known commonly as “Sand Hill Farms” located at 540 W Jefferson Street received economic revitalization area and economic target area status as a result of a resolution passed by the Culver City Council Wednesday night.
Town Manager Jonathan Leist explained that the recently created Culver Economic Development Commission is permitted to grant tax abatement for residential property under state law. Earlier this week, the Culver EDC met for the first time and passed a resolution recommending that the city council classify this entire parcel on Jefferson Street as both an economic revitalization area and an economic target area to allow for future residential tax abatement.
Leist added that the approval of this resolution would only grant abatement on phase one, on the personal property investment of approximately $2.7 million that is listed in section one of the resolution. He said if they receive any applications for future tax abatements, the whole process would need to be completed again. Continue reading
Culver Town Council to Hold Public Hearing at Meeting Tonight
The Culver Town Council is scheduled to hold a public hearing and the first reading for their proposed 2018 budget. Council members will also receive an update on the Stellar Communities Designation Program plan when they meet tonight at 6:30 p.m. EDT in Culver Town Hall.
Council members will address an ordinance that will amend and restate a past ordinance which establishes fees or costs for the Town of Culver Park and Recreation Department. Continue reading
Plymouth Council Creates Economic Revitalization Area for Farm Innovators, Inc.
A Plymouth manufacturer is a step closer to a tax abatement. The Plymouth Common Council voted Monday to establish an economic revitalization area for Farm Innovators, Inc. Continue reading
Marshall County Council Finalizes Faulkner Fabricating Tax Abatement
The Marshall County Council has finalized a tax abatement for Faulkner Fabricating. It’s the second one in just over a year for the Bourbon-area business. Continue reading
Public Hearing Scheduled this Morning for Faulkner Fabricating Tax Abatement
The Marshall County Council will consider moving ahead with a tax abatement request from Faulkner Fabricating. Last month, the council designated the site of the facility an Economic Revitalization Area. This morning, a public hearing will be held, before the council decides whether to finalize the abatement request. Continue reading
Tax Abatement Approved for Viking Paper Corporation
The City of Plymouth has finalized some incentives for Viking Paper Corporation. The Common Council Monday approved a seven-year personal and real property tax abatement and confirmed its declaration of the property as an Economic Revitalization Area. Continue reading
Faulkner Fabricating Moves Closer to Second Tax Abatement in Just Over a Year
Just over a year after getting a tax abatement from Marshall County, Faulkner Fabricating was back in front of the County Council Monday to request another one. Jerry Faulkner says his Bourbon-area business has grown faster than he anticipated. Continue reading
Plymouth Council to Revisit 2017 Salary Ordinance
The Plymouth Common Council will begin another attempt at passing a 2017 salary ordinance when it meets this evening. Back in August, the council narrowly rejected a salary ordinance on second reading, amid concerns about some changes made to the document since the time of its first reading. Tonight, a revised ordinance will be presented for first reading. Continue reading
Plymouth Council Creates Economic Revitalization Area for Viking Paper Corporation
Another tax abatement is moving ahead in the City of Plymouth. Viking Paper Corporation plans to make $3.6 million in capital improvements, according to Viking Paper President Justin Mooter. Continue reading
Tax Abatement Discussions to Continue During Tonight’s Plymouth Council Meeting
Tax abatements will again be discussed when the Plymouth Common Council meets this evening. Earlier this month, the council passed a resolution declaring the planned Pretzels Inc. site to be within an Economic Revitalization Area. Continue reading
Plymouth Council Creates Economic Revitalization Area for Pretzels Inc.
Pretzels Inc. is a step closer to getting a tax abatement from the City of Plymouth. The Common Council Monday passed a resolution Monday to place the planned facility within an Economic Revitalization Area. The snack producer plans to move into the Marshall County Shell Building near Pioneer Drive and U.S. 30. Continue reading
Plymouth Council Takes Next Step in Granting Tax Abatement
The Plymouth Common Council continues moving ahead with a tax abatement request from a local garage door business. After a brief public hearing Monday, council members approved a resolution confirming their decision to designate the site of DAC Enterprise an Economic Revitalization Area. That makes the business eligible for a tax abatement. Continue reading
Plymouth Council Schedules Public Hearing for DAC Enterprise Tax Abatement Request
The Plymouth Common Council will consider taking the next steps in granting a tax abatement to a local business. A public hearing is scheduled during tonight’s meeting on a proposed tax abatement for DAC Enterprise. Continue reading
Plymouth Council Takes First Step Toward DAC Enterprise Tax Abatement
The Plymouth Common Council took the first step Monday in paving the way for a tax abatement for an area garage door business. Council members voted to declare the site of DAC Enterprise an Economic Revitalization Area. Continue reading
Plymouth Council Moves Ahead with Tax Abatement Request
A Plymouth industry is one step closer to getting a tax abatement from the city. The Plymouth Common Council Monday unanimously passed a resolution creating an Economic Revitalization Area for the WestRock factory. Continue reading
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