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Council OKs three‑year property tax exemption for local consolidating business

5056958 · June 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Council approved a three‑year exemption on new building value for Senerson Holdings’ planned headquarters, citing retention of 11 full‑time jobs; construction expected to start August 2025 and finish November 2025, per staff.

The Moorhead City Council on June 23 approved a property tax exemption for Senerson Holdings (application filed as Stephenson’s Holding LLC in the public hearing notice) to support construction of a new headquarters in the city’s original industrial park.

Planning staff member Derek Lapointe told the council the project would consolidate multiple Foss Inc. locations into a single 60‑by‑120‑foot…

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