February 26, 2024

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Monroe taking into consideration an settlement with local business in excess of tax abatement issue

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He explained the company did not shift some staff members to the Monroe place for tax reasons, which brought on it to miss its payroll requirement. It expects to fulfill the necessity in the long run.

DiscoverMonroe council officially revokes tax offer for Rivertown Brewery

Council will take into consideration ultimate acceptance of the agreement at its Feb. 23 conference.

Councilman Todd Hickman said Rivertown Brewery Organization did not get a very similar offer just before council revoked their tax abatement very last 12 months.

“What are we heading to do in the upcoming?” Hickman asked.

Discover‘It’s truly terrible to do this to a area business’: Monroe to revoke tax offer for Rivertown Brewery

“They have been a superior business enterprise companion with the town,” stated Councilwoman Christina McElfresh. “We’re seeking to work with them.”

Mayor Jason Frentzel stated, “Presto was keen to do the job with the town. That was not the case with Rivertown. The interaction was all just one-sided from the town.

Past August, council revoked the five-12 months, 45% tax abatement with Rivertown for defaulting on tax payments and employee counts.

ExploreMonroe could change tax deal for brewery following skipped payment

At that time, Rivertown owed $72,370 in unpaid taxes and payments not designed as section of a system for past lapses in payment. On May well 8, 2020, Monroe submitted a 2nd tax lien towards the property at 6550 Hamilton-Lebanon Highway.

Rivertown had a payment program with Butler County for preceding unpaid property taxes. As a final result of the nonpayment and a failure to make the April 2020 payment, the existing Butler County payment plan for formerly thanks taxes that experienced not been compensated was no for a longer time legitimate.

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