[CPEO-BIF] Jet Engineering expansion, Lansing, Michigan

[Lenny Siegel <lennysiegel@gmail.com>]

Talking tax breaks

The Lansing City Council will hold four public hearings at tonight's 
meeting on tax incentives for various redevelopment projects. The 
Council will also vote on bonds for a new service garage

by Andy Balaskovitz
Lansing City Pulse (MI)
October 4, 2010

Tax incentives for three proposed redevelopment projects expected to 
bring jobs and rehabilitate contaminated property in the city will be 
discussed at tonight's Lansing City Council meeting.

Two public hearings are clumped together on Jet Engineering's proposed 
expansion at its facility near the intersection of Jolly and Aurelius 
roads in south Lansing. Jet makes precision parts for planes at its 
15,000-square-foot facility, which the company is looking to nearly 
double in size with an expanded building and new equipment.

Both the expanded building (real property) and new equipment (personal 
property), estimated at about $5.5 million, would be subject to tax 
breaks that would last 12 years.


...

For the entire article, see
http://www.lansingcitypulse.com/lansing/article-4901-talking-tax-breaks.html

--


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



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