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The
City of Dowagiac has several programs to help foster development
within the City.
For industry, the City can offer PA
198 Property Tax Abatements.
PA 198 allows the City to grant a 50% reduction in property taxes.
For real property the abatement is for 12 years. For personal property
the abatement is for 6 years. The City Council of the City of Dowagiac
is proactive in supporting these incentives for local businesses.
The City of Dowagiac also has established a Brownfield
Redevelopment Authority. Through this Authority the City
can assist with the redevelopment of contaminated sites in the community.
This program may include assistance with remediation costs, infrastructure
improvements, and Michigan Single Business Tax relief. Each project
needs to be reviewed individually to determine eligibility for assistance.
Under the Obsolete
Property Rehabilitation Act (OPRA) the City can offer
tax abatements for the redevelopment of functionally obsolete property.
This program allows the City to abate the property taxes on the
improvements to the property for up to twelve years.
For
more information on these incentives contact:
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Economic Development Director
City of Dowagiac
241 S. Front St.
PO Box 430
Dowagiac, MI 49047
Phone: 269-782-2195
Fax: 269-782-9744
Email:
economicdirector@dowagiac.org |
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