Friday, June 27, 2014

Courier Reports Madison Approves 14 Tax Abatements

From the Madison Courier:

The Madison City Council approved 14 tax abatement renewals for area industries during a meeting Tuesday.

Councilman Jim Lee told the council the new projects committee met June 12 to consider tax abatement renewals from Arvin Sango, Key Manufacturing, Madison Tool & Die, Environmental Laboratories, Vehicle Service Group/Rotary Lift and Grote Industries.

After two hours of consideration earlier this month, the committee recommended the renewals be sent to the City Council for approval after finding that each of the companies "fell within guidelines" for the renewals, Lee said.

Lee said the renewals included five tax abatements for Arvin Sango, one for Key Manufacturing, two for Madison Tool & Die, one for Environmental Labs, three for Vehicle Service Group/Rotary Lift and two for Grote Industries.