Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council adopts nine-year tax abatement for Hansen Companies to support new manufacturing facility
Summary
The council approved a pay-as-you-go property tax abatement up to $396,438 over nine years for Hansen Companies, a project the city says will retain 61 jobs and create roughly a dozen more. The Economic Development Authority recommended unanimous approval.
The St. Joseph City Council on Monday approved a nine-year property tax abatement for Hansen Companies to support construction of a new 82,500-square-foot manufacturing building with a 6,000-square-foot office.
City staff presented the request and said Hansen would retain 61 existing jobs at its current Pearl Drive location and create about a dozen additional positions over the coming years. The city described the requested incentive as a pay-as-you-go rebate of…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
