Dda’s Are Often Asked To Give Recommendations To Councils When Various Developments Are Proposed.

The company is proposing a 100,000-square-foot growing facility that will be located on the east end of town in the village’s industrial park. The proposal could bring as many as 100 jobs to Kingsley, something that would help soften the blow felt when 230 jobs were lost with the closing of the Pugsley Correctional Facility last September. The taxable http://michiganmedicalmarijuana.biz/ value of the DDA’s district would also more than double. Currently, the entire district has a taxable value of $6.2 million. If the TheraCann proposal was completed as planned, it would have a taxable value of $9.5 million, 35 percent more than the entire DDA district. TheraCann isn’t asking for tax breaks, McKellar said, and the company would provide all the plant’s infrastructure at its own cost. It’s now up to TheraCann to present a formal proposal to the village council. The company’s meetings with the DDA were essentially to see if bringing the facility to Kingsley would even be a possibility. DDA’s are often asked to give recommendations to councils when various developments are proposed. McKellar couldn’t say exactly when the company would make its proposal, but said it will likely be in the next month or two.

To read more visit http://amp.mlive.com/v1/articles/20293173/dda_approval_is_first_step_in.amp

Filed in: News

Get Updates

Share This Post

Recent Posts

Leave a Reply

Submit Comment

© 2019 Michigan Medical Marijuana. All rights reserved.
Home    |    Privacy Policy