Speech to Text for Grants Pass Approves 15-Year Tax Break For Dutch Bros.
Below is the closed-captioning text associated with this video. Since this uses automated speech to text spelling and grammar may not be accurate.
for the future. alicia says: dutch bros was asking the city council to approve a 15-year tax abatement while they build their new headquarters here in grants pass. the trade-off that the city will benefit from is the economic boom that dutch bros will bring to the area. city council did approve the abatement but they did have a couple of conditions. an abatement means their current property taxes won't go up for 15 years. dutch bros will still be required to pay the property tax on existing structures and land, but not for new structures they build. "more than that it's an investment in our community and that is really that's the vision for why were here and we're not building out in maryland and we're not building anywhere else it's because we want to make that investment in the city." surrounding businesses during construction. the main concerns that the city council members had were related to parking spaces. "those businesses operate on a thin margin and it's possible that a project like this could reduce the amount of customers for some of these businesses downtown to the point of where they may have to close." dutch bros. said that it is too early in their planning to have a parking plan and that they would be willing and open to working out a parking solution down the road. "where in those initial planning phases we haven't spent a lot of money on architects and we haven't spent a lot of money trying to really get a sense of what this will look like." but time was running out and the council had to make a decision today. "all those in favor please raise your hand ..." nearly three hours later the city council agreed to give dutch bros a 15 year abatement with an agreement to negotiate with the city in the future in order to mitigate parking problems downtown -- which may include dutch bros paying the city for parking spaces. alicia says: lawyers still have to meet to go over some of the wording within the contract and josephine county commissioners still have to sign and agree on that contract as it is written. in grants pass, alicia rubin, newswatch 12. turning