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3,850 jobs are expected in Mack Avenue's new assembly plant, 1,100 in FCA's Jefferson North Assembly plant in Detroit and another 1,500 in its manufacturing plants in Macomb County, in the framework of the overall investment.
Various elements of the project require additional approvals from the city, including a $ 35 million community benefits agreement.
The planned $ 160 million set of incentives, grants and tax cuts for taxpayers would come from an industrial property tax reduction program, from the Good program. Jobs for Michigan, an exemption from the Assessment of Essential State Services and a grant from Michigan's Michigan Business Development Program, according to papers submitted this week to the council Detroit Municipal.
If they were approved by the state's economic development officials, the tax incentives would account for 6.4% of the builder's total investment in the two Detroit factories located on the east side.
Duggan said at the announcement of the plan two months ago that the city will grant CFA a $ 12 million property tax reduction and will pay the land with taxpayers' money. He declined to say how much the city intends to spend on the land.
At the time, the city had stated that it needed to assemble 200 acres of property in two months for storing new vehicles, parking employees and holding trucks to route. parts to the two assembly plants.
Ninety of these acres were the former Budd Wheel factory owned by the Moroun family, which built its $ 1 billion fortune in the trucking industry. The city has already signed agreements to acquire land from DTE Energy Co., Hantz Farms, Great Lakes Water Authority, etc.
The 200-acre footprint is bounded by St. John's Street, Mack Avenue, Connor Street and Jefferson Avenue.
Late last month, a Citizens' Advisory Council in the neighborhoods of both auto plants approved a community benefits agreement with FCA and the Duggan administration.
The FCA is committed to investing $ 13.8 million in community improvement, education and workforce training, and to let the Detroiters apply for to new jobs before the general public.
The City of Detroit is contributing $ 17.4 million to the development of the workforce and infrastructure, including a wall up to 15 feet high to block the view of two new vehicle manufacturing plants. a residential area.
Detroit City Council must approve land agreements and community benefits for the project to move forward.
Editor's Note: The original version of this story incorrectly stated the amount of land purchased from the Moroun family. This version is correct.
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