Commissioners approve new tax benefit for Marquette project downtown
5 Articles
5 Articles
St. Joseph Commissioners approve Neighborhood Enterprise Zone for Marquette development
St. Joseph City Commissioners have approved the creation of a Neighborhood Enterprise Zone for the new Marquette on Lake Boulevard residential and commercial development planned downtown. Commissioners were told Monday that Neighborhood Enterprise Zones are allowed under a 1992 state law seeking to encourage community redevelopment. With an NEZ in place for the Marquette, the developers will pay roughly half of the state’s average millage rate o…
Commissioners approve new tax benefit for Marquette project downtown
St. Joseph City Commissioners have approved the creation of a Neighborhood Enterprise Zone for the new Marquette on Lake Boulevard residential and commercial development planned downtown. Commissioners were told Monday that Neighborhood Enterprise Zones are allowed under a 1992 state law seeking to encourage community redevelopment. With an NEZ in place for the Marquette, the developers will pay roughly half of the state’s average millage rate o…
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