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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 house the Botanist Cafe, a specialty tea house and beverage service," Commissioner DeWitt read from the applicant packet; the second floor will become two residential units and the basement an event venue.
Commissioners also approved a 12-year obsolete property rehabilitation exemption for Rooftop Investments LLC at 816–822 Washington in the amount of $159,580. Staff corrected a packet typo during discussion: the building corner is Washington and 5th, not Center and Washington.
Commissioners noted the city will continue to receive taxes during the exemption periods. "They will still restart we the city will still pay a 104,198," Commissioner DeWitt said when explaining the net tax receipts tied to the Let's Try Everything project (as recorded in the packet).
Both measures passed on unanimous roll-call votes during the meeting. Commissioners and staff said the exemptions are intended to spur downtown rehabilitation, add residential units, and support small entrepreneurs.
Next steps include any building-permit and rehabilitation work required by code, and the city will monitor project progress against the exemption timelines.
Votes at a glance: the Let's Try Everything creation and its 12-year exemption passed on roll-call votes (9 yes). The Rooftop Investments 12-year exemption also passed on a 9–yes roll call.
