GREENVILLE — The Greenville City Council had a public hearing Monday to discuss creating an industrial facility district and approving an industrial facilities tax exemption for the new 57 Brew Pub and Bistro.
According to City Manager George Bosanic, an application for tax abatement was filed on behalf of the business for its portion of its new facility under Industrial Property Tax Abatement Public Act 198.
“These abatements encourage Michigan manufacturers to build new plants, expand existing plants, renovate aging plants or add new machinery and equipment,” states Public Act 198.
Bosanic said 57 Brew Pub and Bistro’s brewery section of the facility is what qualifies as the manufacturing portion, as Michigan has determined beer brewing a type of manufacturing.
The council approved a request to establish the industrial facility district for the 57 Brew Pub and Bistro property. The council then had a public hearing regarding the industrial facilities tax exemption before approving the tax exemption.
“It’s my understanding about 30 percent (of the restaurant) would be manufacturing,” said Bosanic, noting the building and land improvements to be abated are estimated at $200,900.
In a description to the City Council, Bosanic stated, “The city property taxes to be abated are $5,624 and overall property taxes are estimated at $21,776. The request is for the maximum 12 years at 50 percent.”
57 Brew Pub and Bistro owner Bob Olsen was present at Monday’s meeting and was questioned by Bosanic and council members about how many jobs the business is creating.
“It ended up being 62 jobs that were created,” Olsen said.
Councilwoman Jeanne Cunliffe noted the 62 jobs were overall jobs and not all strictly manufacturing jobs.
“This is very exciting for our community,” Bosanic said, noting the building looks amazing.