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Council ends PHM Brands tax abatements after company fails to meet statement-of-benefits
Summary
Michigan City Common Council unanimously approved two companion resolutions terminating assessed-value deduction tax abatements for PHM Brands LLC after staff found the firm failed to submit required documentation and apparently vacated its local operations.
The Michigan City Common Council on Monday unanimously adopted two companion resolutions terminating assessed-value deduction tax abatements for PHM Brands LLC for real and personal property, concluding the company did not meet its obligations under the statement of benefits.
What the council voted: Two resolutions were introduced by Councilman Beatrice and each passed on voice votes with 9–0 tallies. The first terminated an assessed‑value deduction tied to personal property; the second terminated the assessed‑value deduction tied to real…
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