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Commission approves two obsolete-property rehab exemptions as part of downtown revitalization
Summary
Bay City commissioners approved three obsolete-property rehabilitation actions: creation of a district and a 12-year tax exemption for Let's Try Everything LLC (103 N. Walnut, $168,729) and a 12-year exemption for Rooftop Investments LLC (816–822 Washington, $159,580). Commissioners said projects will bring a tea house, event space and residential units.
The Bay City City Commission approved multiple economic-development items on April 6 designed to incentivize redevelopment of vacant downtown buildings.
The commission approved creation of an obsolete property rehabilitation district for Let's Try Everything LLC at 103 North Walnut and later approved a 12-year obsolete property rehabilitation exemption certificate for the same property totaling $168,729 over 12 years. "Main Floor will…
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