St. Joseph approves pair of tax incentives

St. Joseph city commissioners on Monday approved a tax abatement for renovations at 150 Hilltop Road, where United Federal Credit Union will invest $9.6 million. Commissioners also approved an incentive for Fiskars Properties, which plans to do $1 million in renovations at 500 Momany Drive. Both abatements will freeze taxes at the current property value for 10 years.

ST. JOSEPH — St. Joseph city commissioners on Monday approved two tax incentive packages for commercial office rehab projects, and said they want to build a better system for considering such requests.

“I think having a robust process for evaluating these is a good idea,” said Commissioner Lynn Todman before the unanimous vote to approve the requests from United Federal Credit Union and Fiskars Properties.