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Science degree being necessary. his c€.trrent c.!nplc~yees are graduates oaf PurdLte and I~3~B, <br />noting that he received his degree frorr~ ~lT. <br />In response to a question frc~?~~ l~r VarrEer, l~r. N[c~rris stated. that he could lacate his leas:€~ess <br />any where. l-le noted that it is "relatively inexpensive" to ron a co~~pany in Indiana, a~-~d that his <br />e~nplayees are fro~~ this area. Schools are key to attracting t,asi~~esse,s t® a~a area. t-1e gees to ~-`l <br />trade shows a year sponsored ley ~~arious prafessional organizations. Ike atilizes lied ~x and PI'S <br />pri~~taril.y for tl~e transportation needs for his business. l-Ie added that a "vibrant dowvratown" is a <br />must, noting that lie has international co~~tacts which many visitors c;o~~iz~g here each year. A <br />technolo~ry parr will Dave a challenge oftakin.g the id~:a tc~ ~ra.rket, rating that he believes that a <br />3~~6 ratio e.a~ild be a stal~dard fc~r colleges. Kala~~~azoa has a 60;000 sq~.~are foot operation <br />~a.b~derway which i~~cludes wet lakes. <br />fir. Varner asked. far additional itrfort~atian fro~•n Sharc~r~ l~enda.ll a~~ their activities regarding a <br />proposed. tecl~~~olo~7y park. <br />In response to a question from Crsuncil }P~e~x~bez• ~lhite, ~l?aran Ke~'~dali noted that the i:afayette <br />property where the businesses are currently loco€ed is a "strategic piece of property", which is <br />row awned by their depart~?-tea~t. <br />,ieff McGowan, eaf Kna.gel I,aw~torti A.sscticeates notes that six. (~) iri~hly skilled. positions are <br />anticipated. 't'hey had requested a 10-year real property abate~~e~~t, however only qualified far <br />an ~-year al>ate~nent u~~der tl?e ~;ity's standards. fiver this eight (S~ year period fey will pay <br />approxirnately ~ 160,000 in property taxes, anc~ will pay $2,000 aft~;r the personal property tax <br />abaterner~t is granted during the ~~e ~5? years of that abatement. <br />Sharon l~er~cl.all spoke in favor of bath tax aate~~~e~~t re~~~sests, noting that: the city leas beer <br />~rsrking with. l1/Ir. 1'~orris far several years. <br />Follt3wing discussion, C:ouneil Men~be.r Kuspa ~}jade a n•~otiaa~, seconded. Icy Council lVie~~~l7er <br />l'uzzella that Biil No. OG-05 and Bill Nee. 06-06 lie reca~~~~ended fa~~orabiti• to Council. The <br />motion passed. <br />There being no further business to came before tl~e Cauricil, the meeting was adjourned l?y <br />Council iVle~~l~er Pt~~zello at 5:07 p.n~. <br />l~espe y s~il7n~itted, <br />Co~aneil Me~~ber Roland Kelly, Chair ersa~~ <br />Co~Rnunity a.rrd ~cc~non~ic l~evelt~p~~ent Canlttaittee <br />KC~:lc~r~f <br />,~ttaCllil"4~~lts <br />-3'~~,c 2 ci• ~- <br />lai~~i~:3rti 9, 20f)6 Commu3'iily' ~n~id S~ca~sx)mic T~e~~ais~~~~~enY Ccn~~~~~sti:ce iw'tecii~~g Vlirkut~s <br />