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Tuesday, January 17, 2017

 2:21 PM 

Senate unanimously approves bill to help Oostburg project

The Senate voted unanimously today for a bill that would help Plymouth-based Masters Gallery Foods Inc. build a $30 million packaging and distribution facility in the village of Oostburg.

Sen. Devin LeMahieu, R-Oostburg, said the jobs would pay a start salary of $18 an hour and asked for unanimous support from the chamber so the company could begin construction after the weather warms this spring.

The company announced plans last month for a 150,000-square-foot facility with the initial investment expected to generate 120 jobs over the next two to three years. More could be added as the facility expands, the company said.

SB 1 would impact a tax incremental district for the village. Current rules limit the equalized value of taxable property for a new TID, when combined with those already in existence, to be 12 percent of the total equalized value of taxable property in a city or village. The bill would bump that to 15 percent to account for a new TID. Once it was terminated, the limit would return to 12 percent.


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