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Council designates city-owned site and approves 7-year abatement for Michigan Motorsports
Summary
The council adopted a resolution designating a city-owned parcel on William Richardson Court an economic revitalization area and approved a 7-year real property tax abatement to attract Michigan Motorsports LLC, which plans a roughly 50,000 sq. ft. facility and expects to relocate existing employees and add up to ~29 new jobs.
The Common Council adopted Resolution 25-45 designating a city-owned industrial parcel near William Richardson Court as an economic revitalization area and approving a seven-year real-property tax abatement for Michigan Motorsports LLC.
City staff said the company plans to build approximately a…
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