Monroe contemplating an settlement with native enterprise over tax abatement matter

He said the company hadn’t moved some employees to the Monroe site for tax reasons, which resulted in it not meeting its salary requirements. It is expected that the requirements will be met in the future.

ExploreThe Monroe Council officially revokes the Rivertown Brewery tax treaty

The Council will consider final approval of the agreement at its February 23 meeting.

Councilor Todd Hickman said Rivertown Brewery Company did not get a similar deal before the city council revoked its tax break last year.

“What are we going to do in the future?” Asked Hickman.

Explore“It’s really bad to do this to a local company”: Monroe revokes Rivertown Brewery’s tax treaty

“You have been a good business partner for the city,” said councilor Christina McElfresh. “We try to work with them.”

Mayor Jason Frentzel said, “Presto was ready to work with the city. That was not the case with Rivertown. Communication was one-way from the city.

In August last year, the council overturned the five-year 45% tax reduction at Rivertown for late payments in tax payments and employee numbers.

ExploreMonroe could change the brewery’s tax treaty after missing payment

At that point, Rivertown owed $ 72,370 in unpaid taxes and payments that were not made under a previous default plan. On May 8, 2020, Monroe filed a second tax lien on the property at 6550 Hamilton-Lebanon Road.

Rivertown had a payment schedule with Butler County for past unpaid property taxes. However, due to the non-payment and failure to make payment for April 2020, Butler County’s existing payment schedule was no longer in effect for previously due taxes that had not been paid.

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