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South Bend committee recommends seven-year tax abatement for Michigan Motorsports
Summary
The Community Investment Committee recommended a seven-year tax abatement for Michigan Motorsports to build a 50,000-sq.-ft. warehouse and showroom in South Bend, citing a $4.45 million investment and an estimated 29 new full-time jobs; the measure moves to the full council with a favorable recommendation.
The Community Investment Committee voted to forward a confirming resolution to the full Common Council that would grant a seven-year property tax abatement to Michigan Motorsports as part of a planned move from Niles, Michigan, to a redevelopment parcel in South Bend.
Joe Molnar, assistant director of the Growth Opportunities office, told the committee the project would be built on…
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