= Janicki Industries project = A proposed advanced manufacturing campus at '''1900 18th Avenue North''', in the American Agri-Technology Addition — see [[AgriTechPark]]. = The scale, as presented = Planning Director Brock Cherry told the [[CityCommission]] that Janicki Industries was evaluating Great Falls as '''one of two possible locations'''. If selected, the completed campus would be approximately '''1.5 million square feet''', supporting composite and metal tooling, parts manufacturing, training, business relations, engineering, design, employee campus housing and related operations. The applicant estimated total investment of approximately '''$830 million''' and the potential for '''more than 1,000 jobs''' paying above Montana's average annual wage. = The tax benefit = '''Resolution 10623''', a New or Expanding Industry Tax Benefit, was heard at the special meeting [[SpecialCityCommission2026-05-12]] and carried 4-0 on two motions. It had been set for hearing at [[CityCommission2026-04-21]]. Staff were careful about the word abatement. The City writes no cheque and gives no land. Under Montana law, qualifying new industrial improvements are taxed at '''50% of taxable value for the first five years''' after construction commences, then the taxable percentage rises each year until reaching '''100% in year ten'''. Because the project is phased, that timing applies to each approved phase. At the FY2027 budget hearing the Great Falls Development Alliance described the same schedule in support of the City's approach. = The bonds = * '''Resolution 10628''', authorising issuance and negotiated sale of up to '''$3,800,000''' of tax increment industrial infrastructure development revenue bonds — [[CityCommission2026-05-19]], 5-0 * '''Resolution 10650''', authorising the sale and prescribing forms and terms for '''$2,845,000''' Series 2026 taxable bonds for the Great Falls East Industrial Park TIF Industrial District — [[CityCommission2026-08-04]], 5-0 The [[CityManager]] reported at [[CityCommission2026-06-16]] on a delegation of Great Falls community leaders visiting Janicki's facilities in Washington, including representatives of the City, [[CascadeCounty]], the Great Falls Development Alliance, Great Falls College MSU, the school district and the State. ---- Minutes, May 12, 2026: https://greatfallsmt.gov/AgendaCenter/ViewFile/Minutes/_05122026-448 Resolutions: https://greatfallsmt.gov/257/Resolutions [[TaxIncrementFinancing]] · [[AgriTechPark]] · [[Categories]]