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Port Huron council approves six-year tax abatement and industrial exemption for 35100 24th Street
Summary
The Port Huron City Council voted unanimously to create a plant rehabilitation district and approve a six-year industrial facilities exemption certificate for work at 35100 24th Street, clearing the way for renovations of the large, functionally obsolete industrial building owned by Port Huron Industrial Ventures.
The Port Huron City Council voted unanimously to establish a plant rehabilitation district for the property at 35100 24th Street and to approve an industrial facilities exemption certificate for six years for improvements to the site.
The actions, taken during the council meeting, apply to an approximately 30-acre parcel that includes roughly 350,000 square feet in the former Crestlight/Presta Lake building in the city’s industrial park. The applicant, Port Huron Industrial Ventures, asked the council to “freeze the taxes currently” on that parcel to make renovation investments viable.
The district-establishment resolution and the separate certificate vote were supported by the administration and moved for council approval. The council approved the district-creation resolution by roll call (Council member Herrenza: yes; Council member Lamb: yes; Council member Moserak: yes; Council…
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