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Council approves 10-year tax abatement for Slate Auto at former Donnelly site
Summary
Kosciusko County Council on Monday approved a confirmatory resolution and a 10-year tax abatement for Slate Auto/Phoenix Warsaw Investments for the former Donnelly property after a public hearing and committee negotiations; council discussion included concerns about assumptions in the applicant's projections.
The Kosciusko County Council voted to adopt a confirmatory resolution and approve a 10-year tax abatement for Slate Auto and Phoenix Warsaw Investments for the redevelopment of the former Donnelly property in Warsaw.
The abatement package, presented by Steve Snyder on behalf of Slate Auto and Phoenix Warsaw Investments, asked the council to approve abatements for both real estate and personal property spanning 10 years under an SB1-style schedule. Snyder said the project envisions roughly $362 million in combined real and personal property improvements and approximately 1,700–1,800 new jobs, including an additional…
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