STANDARDIZED TAX ABATEMENT AGREEMENT WITH THE CHARTER TOWNSHIP OF VAN BURENStandardized Tax Abatement Agreement • June 7th, 2021
Since 1993 the State of Michigan has required that all industrial facilities exemption requests forwarded to the State must include a separate agreement between the company requesting the exemption and the Charter Township of Van Buren, an agreement which goes beyond the actual application. The agreement lists the “conditions and recourses” of tax abatement, spelling out Van Buren’s requirements of a company during an exemption period. If these requirements are not met, Van Buren has the right to reduce or revoke any and all abatements.
