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City mulling incentives for Meijer development

Posted by on May 19, 2017 at 8:29 AM | 0 Comments

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SHEBOYGAN - City officials are working toward incentivizing a Meijer Stores development at Memorial Mall by offering tax-related payments to the company and offering to improve sections of nearby North Taylor Drive.

The incentive would have Meijer pay annual taxes on the property along Kohler Memorial Drive, but each year (for about five years) the city would provide an estimated more than $295,000 in payments back to the company. The city could also fund, using dollars from a neighboring tax incremental finance district, added turn lanes and a signaled intersection at the future retailer’s main entrance along Taylor Drive.

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