FINANCIAL_SERVICESAPPROVED

City of Great Falls Commission Special Meeting Agenda May 2026

Great Falls Approves Tax Benefit for Janicki Campus

Great Falls Transit DistrictJANICKI INCMay 12, 2026

Trusted by teams at

Description

The City of Great Falls approved Resolution 10623 granting a New or Expanding Industry Tax Benefit to Janicki Inc. for its proposed multi-phase manufacturing campus at 1900 18th Avenue North. The tax benefit provides a phased property tax reduction over 10 years for each construction phase contingent on meeting specified certificate of occupancy deadlines.

Contract Details

Vendor

JANICKI INC

Agency

Great Falls Transit District, MT

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Contract Term

Tax benefit per phase: 50% of taxable value for first 5 years after commencement of construction for each phase, increasing annually to 100% in year 10 for that phase

Renewal Date

2035-05-31

Renewal Info

Tax benefit for each of four approved phases is administered separately under Section 15-24-1402 MCA, with 50% taxable value for the first five years after commencement of construction, then equal annual increases to full taxable value by the tenth year of that phase. Eligibility for each phase is contingent on obtaining a certificate of occupancy by its respective deadline; if missed, the tax benefit for that phase is void while other compliant phases may retain benefits.