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Commission approves payment-in-lieu-of-taxes agreement with Genesis East Redevelopment
2482706 · February 18, 2025
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Summary
Kentwood approved a PILOT agreement with Genesis East Redevelopment; staff noted a minor language change and the approval is contingent on the applicant covering all expenses consistent with city policy.
The Kentwood City Commission approved a payment-in-lieu-of-taxes (PILOT) agreement with Genesis East Redevelopment at the Feb. 18 meeting.
Staff said the resolution includes a minor change in paragraph 4 and that approval is contingent on the applicant paying all expenses and costs consistent with previously adopted city policies. The commission voted to approve the agreement by roll call; commissioners recorded yes votes and the motion passed.
