CF-1 Forms for Pretzels Inc and Zentis Food Solutions Considered at Plymouth City Council Meeting

Plymouth City Council members reviewed the compliance of particular companies where tax abatements were granted when the CF-1 Forms for snack manufacturer Pretzels Inc. and the food product supplier Zentis were considered during Monday night’ city council meeting.

Zentis received their tax abatement in 2012 while Pretzels Inc. had an abatement granted in 2016. Continue reading

Bourbon Town Council Reviews Compliance Forms for Businesses with Tax Abatements

Every year, businesses that have been granted tax abatements must submit CF-1 forms so officials can assess their compliance and determine whether or not to continue the tax abatement.

When Bourbon Town Council members met last Tuesday, they reviewed the compliance forms for Bates Corporation, a farm equipment supplier, the commercial printer Harmony Marketing Group and the fiberglass supplier Indiana Composites LLC. Continue reading

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