tax abatement

MinnWest Technology Campus in Willmar requesting tax abatement for three additional buildings to be renovated

December 14, 2021

MinnWest Technology Campus in Willmar requesting tax abatement for three additional buildings to be renovated
WILLMAR—Fifteen years after it was first established, the MinnWest Technology Campus continues to be transformed into one of Kandiyohi County’s economic development stars. Currently, it is home to 27 different companies offering employment to 693 people, with an average salary of $55,000 a year. “It is a real gem for this community,” said James Sieben, president of both the campus and Nova-Tech Engineering, one of the largest employers on the campus located in Willmar. However,

Kandiyohi County Board rejects housing tax abatement request

July 17, 2019

Kandiyohi County Board rejects housing tax abatement request
WILLMAR — The Kandiyohi County Commissioners turned down a request Tuesday for a developer’s tax abatement to build a 24-unit apartment building in Willmar, saying they were concerned about the cost to taxpayers and citing worries about setting an unwelcome precedent. The board’s vote, which was unanimous, came after public testimony that was overwhelmingly in opposition to granting the abatement. The commissioners said they do not doubt there’s a need for more housing in Willmar

Housing developer to seek Willmar tax abatement

March 4, 2019

Housing developer to seek Willmar tax abatement
WILLMAR—To help move the construction of new 24-unit apartment building at the Sunwood Apartment Complex near Ridgewater College forward, developer AEHM LLC has requested the Willmar City Council consider approval of a 10-year tax abatement for the project. Gabe Olson, of AEHM, explained that with rising construction costs, the project would probably not be possible without assistance from the city. “Construction costs are pretty high,” Olson said. “Without the abatement, it would

A diamond in the rough

September 16, 2016

A diamond in the rough
NEW LONDON—Two tax abatement hearings are scheduled for next month on a proposed $7.8 million project to build a hotel, event center, restaurant and new pro shop at the Little Crow Country Club near New London. A hearing will be Oct. 4 during the meeting of the Kandiyohi County Board of Commissioners, when a request for a 10-year county tax abatement totaling $750,812 will be reviewed. The New London-Spicer School Board will conduct a similar hearing Oct. 10 on a request to abate $272,882 in taxes
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