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Council terminates tax abatements for Nachi Tool resolutions after public hearing
Summary
Following a public hearing, the Greenwood Common Council voted to terminate the tax abatements tied to resolutions 13‑26 and 21‑16 for Nachi Tool (Nachi Tool America / Nachi Technology Inc.).
After a public hearing, the Greenwood Common Council voted to terminate property tax abatements associated with Nachi Tool’s local resolutions 13‑26 and 21‑16.
Alexis Howard of ASM Location Advisors and Robert Komasara (identified as a former president of Nachi Technology Inc.) attended the hearing and described the company’s operations, how prior abatements had been applied, and the related resolutions on the agenda. Councilmember Lexi moved to terminate the tax abatements for resolutions 13‑26 and 21‑16; the motion was seconded by Councilmember Hoffa and carried on a roll call vote recorded in the minutes.
Ending: The council directed that the listed tax abatement payments be terminated for the referenced properties; staff will update records to reflect the council’s action.
