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The Warsaw City Council will review a request for a tax abatement that will allow Winona PVD Coating Inc. to have a facility for office and manufacturing space.
The city council will meet tonight at 7 p.m. at city hall.
The request by Dan Robinson, representing Winona PVD Coating Inc. and West Hill Development LLC, includes a 10-year tax abatement on real estate designated lot one within the West Hill Industrial Complex.
The abatement will allow the construction of a new 52,000-square-foot facility to serve as office and manufacturing space for Winona PVD.
Winona PVD also is asking for a tax abatement on $3 million of personal property for manufacturing equipment they will purchase during the expansion of the facilities.
The business focuses on chrome replacement technology that is environmentally friendly.
The council approved a declaratory resolution for the tax abatement at its Dec. 4 meeting.
Jim Walmer, representing the companies, presented the request to the council at its Dec. 4 meeting.
A public hearing will be held on the declaratory resolution at tonight's meeting and the council will be asked to approve a confirming resolution for the abatement.
Winona PVD has estimated the value of the proposed project to be $2.3 million and create an additional 18 jobs within the first year and 12 additional jobs over the next nine years, with total estimated salaries to be around $690,000.
Winona PVD and West Hill Development is asking the city council designate the properties as an Economic Revitalization Area which will allow the applicant and future applicants to apply for tax abatements on real and personal property.
The industrial subdivision was annexed in after the 1997 ERA resolution, requiring the city to declare the area as an ERA.
