January 6, 2015 at 12:22 a.m.
News brief: Tax abatement approved
Portland City Council
News brief: Tax abatement approved
Portland City Council on Monday finalized its approval of two tax abatements for Berne Ready Mix.
After giving initial approval to the abatements — 10 years for $225,000 in real estate and five years on $1.55 million in personal property — at its last meeting, council voted in favor unanimously Monday. The business, which is part of St. Henry Tile Company in St. Henry, Ohio, and also operates Pennville Sand and Gravel, will open a pre-cast concrete manufacturing operation in the former Jay Products building on county road 100 North.
For more, read Tuesday’s edition of The Commercial Review.
After giving initial approval to the abatements — 10 years for $225,000 in real estate and five years on $1.55 million in personal property — at its last meeting, council voted in favor unanimously Monday. The business, which is part of St. Henry Tile Company in St. Henry, Ohio, and also operates Pennville Sand and Gravel, will open a pre-cast concrete manufacturing operation in the former Jay Products building on county road 100 North.
For more, read Tuesday’s edition of The Commercial Review.
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