http://www.journalgazette.net/news/local/Ash-Brokerage-seeking-tax-abatement-5087106
more corporate welfare- more cost over runs- over time over budget.
meanwhile councilmen crawford; harper; jehl; shill for union busting laws from TEA/GOP statehouse to lower the construction labor costs for these ill planned projects..
seems every other week- we see the same faces at city council panhandling for more taxpayers largess; corporate welfare- yet- any money for the homeless or the poor; or HOME IMPROVEMENT IN THE SOUTH OF THE TRACK part of town?
FORGET ABOUT IT..
February 17, 2015 11:48 AM
Ash Brokerage seeking tax abatement
Paul Wyche | The Journal Gazette
Ash Skyline officials are making their first tax assistance request to the city.
Ash Brokerage Corp., 7609 W. Jefferson Blvd., will seek an abatement on a $27.2 million development in downtown Fort Wayne. The project is part of the $98 million Ash Skyline Plaza project that is to include an apartment high rise anchored by a new corporate headquarters for insurer Ash Brokerage, planned to sit atop a city-owned parking garage.
First, though, the insurance services provider hopes to save nearly $4.4 million in taxes during a 10-year span. Ash will add 50 jobs over the next three years with salaries averaging $51,000, according to paperwork filed with the city.
Additionally, Revenue Cycle Service Center Inc., a medical billing company, wants to spend more than $6.3 million to renovate a 63,000-square-foot space at its location on Magnavox Way on the city's south west side. The company is requesting a 10-year abatement that will save $709,759.
Both projects will be introduced to the Fort Wayne City Council Feb. 24.
For more on this story, see Wednesday's print edition of The Journal Gazette or return to www.journalgazette.net after 3 a.m. Wednesday.
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