Rinker Seeks Abatement In Syracuse, Plans Expansion
July 28, 2016 at 4:25 p.m.
SYRACUSE - Rinker Boat Co. is planning an expansion in Syracuse and they are seeking a tax abatement.
Tuesday, the Syracuse Town Council approved a resolution declaring an economic revitalization area for Rinker. At the March meeting, the council will hold a public hearing on the abatement and then consider approval of the tax abatement.
The economic revitalization area, generally, is bordered by Syracuse-Webster Road on the west, Railroad Avenue on the north, Skinner Ditch on the east and Chicago Street on the south.
Syracuse Town Manager Jeff Noffsinger said the company is planning a significant amount of investment over the next few years and will add employees. Before the abatement can be granted, several steps need to be taken, including declaring the economic revitalization area.
Representing Rinker was Dawn E. Baetsen with Crowe Chizek and Co. LLC, Grand Rapids, Mich. She said when Rinker was deciding what to do, they looked at the Dana building in Syracuse, and moving to Illinois or Michigan. Indiana came in with a "pretty good commitment package," she said, to keep Rinker here, including training and tax credits. One of the things the state requires, however, is local participation, which typically is a tax abatement.
The abatement will be requested for 10 years and the town will forego $140,000 over the 10 years as part of the abatement. The abatement is only for the purchase of machinery and equipment.
Councilman Brian Woody made the motion to approve the resolution declaring the economic revitalization area, and it was approved unanimously.
Noffsinger also reported the park board has hired a new parks superintendent, Chad Johsson. Johsson currently works in Black Mountain, North Carolina, and originally is from Michigan. There is no exact starting date for Johsson but he is expected to be on board by March.
In other business, the council:
• Approved to advertise an additional appropriation of $30,000 to the EMS budget to compensate volunteers $50 per shift.
• Approved an ordinance transferring $1,000 from the town manager's health insurance to new equipment.
• Heard the fire department is in the process of installing storm sirens within the next two to three weeks.
Members of the town council are Paul Stoelting, Cassie Cowan, Brian Woody, Bill Musser and Larry Siegel. They meet at 7 p.m. in the Syracuse town hall on the third Tuesday of every month. [[In-content Ad]]
SYRACUSE - Rinker Boat Co. is planning an expansion in Syracuse and they are seeking a tax abatement.
Tuesday, the Syracuse Town Council approved a resolution declaring an economic revitalization area for Rinker. At the March meeting, the council will hold a public hearing on the abatement and then consider approval of the tax abatement.
The economic revitalization area, generally, is bordered by Syracuse-Webster Road on the west, Railroad Avenue on the north, Skinner Ditch on the east and Chicago Street on the south.
Syracuse Town Manager Jeff Noffsinger said the company is planning a significant amount of investment over the next few years and will add employees. Before the abatement can be granted, several steps need to be taken, including declaring the economic revitalization area.
Representing Rinker was Dawn E. Baetsen with Crowe Chizek and Co. LLC, Grand Rapids, Mich. She said when Rinker was deciding what to do, they looked at the Dana building in Syracuse, and moving to Illinois or Michigan. Indiana came in with a "pretty good commitment package," she said, to keep Rinker here, including training and tax credits. One of the things the state requires, however, is local participation, which typically is a tax abatement.
The abatement will be requested for 10 years and the town will forego $140,000 over the 10 years as part of the abatement. The abatement is only for the purchase of machinery and equipment.
Councilman Brian Woody made the motion to approve the resolution declaring the economic revitalization area, and it was approved unanimously.
Noffsinger also reported the park board has hired a new parks superintendent, Chad Johsson. Johsson currently works in Black Mountain, North Carolina, and originally is from Michigan. There is no exact starting date for Johsson but he is expected to be on board by March.
In other business, the council:
• Approved to advertise an additional appropriation of $30,000 to the EMS budget to compensate volunteers $50 per shift.
• Approved an ordinance transferring $1,000 from the town manager's health insurance to new equipment.
• Heard the fire department is in the process of installing storm sirens within the next two to three weeks.
Members of the town council are Paul Stoelting, Cassie Cowan, Brian Woody, Bill Musser and Larry Siegel. They meet at 7 p.m. in the Syracuse town hall on the third Tuesday of every month. [[In-content Ad]]