ST. JOSEPH — The St. Joseph City Commission will meet at 6:30 p.m. tonight to consider tax abatement requests at 150 Hilltop Road and 500 Momany Drive.
The requests were discussed last week, but Commissioners Laura Goos and Peggy Getty said they had not received the material in time to make a decision. Commissioners voted 3-2 to table the requests. Monday will be the last date when all commissioners will be available until July.
Commissioners are being asked to consider approving Commercial Rehabilitation Exemption certificates for United Federal Credit Union, which wants to refurbish an office building at 150 Hilltop Road, and for Fiskars Properties, which wants to revamp space at 500 Momany Drive. If approved, the certificates would freeze the taxes at the current property value for the next 10 years.
United Federal Credit Union purchased the building from Whirlpool Corp. and plans to invest $9.6 million and create 106 new jobs, and retain 300 current positions.
Commissioners also will discuss the request for a Commercial Rehabilitation Exemption certificate from Fiskars, which plans to invest $1 million in the building on Momany Drive, which was built in 2000. The renovations, including a new south entrance, will retain 38 jobs and create 10 additional jobs for a new tenant, along with 35 construction jobs. Fiskars wants to complete the project by September. The economic impact is estimated at $3.2 million.
Commissioners also will discuss an agreement to provide erosion control for property owners on Lions Park Drive, whose homes are threatened by high water.
Contact: jmatuszak@TheHP.com, 932-0360, Twitter: @HPMatuszak