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Romulus council introduces budget amendment to reimburse Welch Packaging under 2015 brownfield agreement
Summary
Council introduced budget amendment 25/26-8 to recognize accrued revenue and enable reimbursement to Welch Packaging for eligible brownfield expenses; staff said $200,311.27 was documented as eligible under a 2015 agreement that allowed up to $700,000, and recommended suspending tax-capture beginning in 2026.
Council introduced a budget amendment to recognize revenue and prepare for reimbursement to Welch Packaging related to a brownfield agreement first approved in 2015. The administration asked the council to introduce budget amendment 25/26-8 at the Oct. 27 meeting; the motion was moved by Councilwoman Tina Talley and supported by Councilwoman Celeste Roscoe and approved for introduction by…
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