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Commission approves 12-year obsolete-property rehab exemption for 1125 South Water Street
Summary
The commission approved a 12-year obsolete property rehabilitation exemption for 1125 South Water Street, authorizing $67,797 in exempted improvements; the motion to adopt was made by Commissioner Tenney and seconded by Commissioner Coakley and passed on a roll-call vote.
The Bay City City Commission on Dec. 1 approved a 12-year obsolete-property rehabilitation exemption certificate for 1125 South Water Street, an application from Drew Denham of DS Denham Properties LLC.
Commissioner Tenney moved to approve the resolution, and Commissioner Coakley seconded. The commission adopted the motion by roll call.
Packet materials cited an investment of $67,797 for rehabilitation at the property, which the commission discussed briefly; Commissioner Tenney said he was pleased to see the investment and asked the owner to follow up with commissioners who want more detail. Staff described planned mechanical and electrical updates, a new roof and conversion of interior spaces into offices and two residential units.
The exemption was adopted as presented; commissioners encouraged the applicant to provide further project details to any members who requested them. No appeals or abstentions were recorded in the meeting transcript.
