Constantine Village Manager Mark Honeysett recently introduced to village council members the final draft of a tax-exemption agreement with Michigan Milk Producers Association.
The council had previously granted provisional approval of a tax-abatement application, pending the execution of an exemption agreement between the village and MMPA.
The abatement is for a new, $6 million facility that will increase the milk processing capacity at MMPA by 1.3 million pounds per day and create 11 new jobs. The abatement is for 50 percent of the investment, or approximately $3 million for a 12-year period.
The village will receive about $41,000 annually, as would MMPA, if the abatement is granted and the village’s share would likely be used for the general and sewer funds.