HOLLAND, MI (WHTC-AM/FM, July 21, 2023) – Two business projects are getting a break in their investment from Holland City Hall.
Public hearings were held before the City Council approved on Wednesday night proposed 12-year tax abatements for ATC Drivetrain and VP Tool and Supply. ATC wants to spend nearly $3 million to convert three of five units inside of an 80,000 square-foot building off of Waverly Road into one 48,000 square-foot unit, with an August of 2025 target date for completion, creating 39 permanent jobs. VP Tool and Supply is planning to spend over $270,000 to covert one of seven units of a 39,000 square-foot building off of West 64th Street for its operations, with two full-time hires expected. That work was expected to be completed by last month.
Such approval is not a rubber stamp action by the governing panel, and requests for tax abatements ebbs and flows, according to Fourth Ward Council Member Nicki Arendshorst.
Comments