TROY — The Troy City Schools board of education held a special meeting July 6 to inform the Development Director of the City of Troy that the board and superintendent approved granting the enterprise zone abatement for the expansion project proposed by Clopay Building Products.
The EZA is a 15-year 100 percent tax abatement for the expansion of 200,000 square feet of manufacturing space, which would fill the middle section of the building and bring 200 jobs to Troy, making Clopay the largest employer in Troy.
Troy City Schools Superintendent Eric Herman said in turn for the school district approving the EZA, Clopay will donate $25,000 over the next 15 years to Troy City Schools.
In other business, Tom Kleptz was sworn in as new board member, and the board announced it would go back to the 5:30 p.m. meeting time on the second Monday of each month. The board had previously been meeting at 7 p.m.