News about the vibrant business community of Boyne City MI.
Monday, August 14, 2017
City approves industrial district for Van Dam plans
Steve Van Dam / Photo courtesy Petoskey News-Review
From the Petoskey News-Review: City leaders have taken the first step toward a possible future property tax incentive for a well-known Boyne City business that has plans to expand its operations. At its regular semi-monthly meeting July 11th, the Boyne City City Commission voted 4-0 (commissioner Hugh Conklin was absent) in favor of a resolution creating a sixth industrial development zone for the property on which Van Dam Custom Boats and the Boyne Boat Yard are located on Division Street. The measure was a necessary first step if the business wishes to seek a future tax abatement from the city in connection with planned growth on the site. Business co-founder Steve Van Dam told the commission that there are two tiers to the company's plans. He said in the short term the company is planning to add about 4,720 square feet in production and office space to the building that houses the custom boat business. Full story.