Kreis Enderle shareholder Mark Kreter was recently appointed to serve on the board of the Battle Creek Tax Increment Finance Authority (TIFA).
Separate from the Battle Creek City Commission, the TIFA captures additional tax revenues from Fort Custer Industrial Park and other properties within the district when taxable values increase beyond a base-year assessment. A portion of those funds go to Battle Creek Unlimited for marketing, management, and administrative services, and the remaining funds are utilized to further develop the industrial park and maintain infrastructure. The TIFA budget and board of up to 13 members are subject to approval by the City Commission.
This is Mark’s first term on the board, and as a TIFA board member, he also serves on the Brownfield Redevelopment Authority. Mark will carry out his responsibilities while maintaining his law practice, which includes civil litigation, business transactions, and alternative dispute resolution.
Congratulations, Mark, on your appointment!