Follow The Republic:
The Columbus City Council will consider a tax abatement request Tuesday nearly $1 million in equipment from Quality Machine and Tool Works Inc.
The company is expanding its facility at 1201 Michigan Ave. and will invest $952,000 in new equipment, according to a letter to the city. The purchase will allow the company to retain 51 employees and add seven jobs.
The company is purchasing four vertical turning lathes, a vertical machining center, a crane and a hoist system, according to the application. The company estimates the purchase will generate $5 million in sales.
Last year, the company paid $18,386 in property taxes and $27,409 in taxes on equipment and other personal property.
The company’s starting wage is $10 an hour, and the seven new jobs will pay about $30,000 a year, according to the application. The company paid salaries of about $2.5 million last year.
The City Council also will consider a rezoning request to allow a convenience store at State Street and Gladstone Avenue and two requests related to expanding an apartment complex at Marr Road and McKinley Avenue.
Casey’s Marketing Co., owners of the Casey’s General Store chain, is proposing to build a gas station and convenience store at the former Kennedy Mobile Home Park at State Street and Gladstone Avenue. The property owners removed the last of the mobile homes in the nearly 60-year-old park last summer.
Council members gave their first approval to the project at their March 5 meeting.
At that meeting, the council also approved two changes that would allow Monarch Crossing to expand its apartments at Marr Road and McKinley Avenue. When the apartments were built, owners of a single-family home were not interested in selling, so the apartment complex was built up around the lone house.
The apartment complex owners have since purchased the home and plan to build a three-story expansion of the existing apartments.
The council approved rezoning the property to multifamily residential and giving up the city’s right-of-way for an existing access road to the home. The road would be removed by the developer.
Don't settle for a preview.
Subscribe today to see the full story!
All comments are moderated before posting. Your email address must be verified with Disqus in order for your comment to appear.
View our commenting guidelines and FAQ's here.
All content copyright ©2014 The Republic, a division of Home News Enterprises unless otherwise noted.