Abatement recommended for Jasper companyApril 21, 2014
From local sources
JASPER — Cash Waggner & Associates plans to renovate part of the former JOFCO building and move its companies in the building, pending the approval of a tax abatement from the city.
The Jasper Economic Development Commission agreed this morning to recommend that the Jasper Common Council approve the tax abatement request from the engineering and land surveying firm.
Nathan Waggner, co-owner of Cash Waggner and Testing & Inspection Services, said the plan is to invest $250,000 plus equipment into the building at 402 E. 13th St. The idea, as of now, is to renovate 10,000 square feet and move Cash & Waggner and Testing and Inspection Services into the renovated space, Waggner said.
“We are currently renting space and we have run out of space,” Waggner said of the company’s site on Third Avenue. “We want to move so we can grow and expand.”
The nine-year abatement requested will cover 70,000 square feet of the building, which the company will work with in the future.
The common council will consider the abatement request at its meeting, which is scheduled for 7 p.m. Wednesday at City Hall, 610 Main St.
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