tax abatement

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