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South Redevelopment Commission <br />Regular ME eting - August 26, 1988 <br />6. NEW BC SDTESs (Cont.) <br />a. continued... <br />b. <br />poration's position. Allied's goal <br />to attain Preferred Supplier status <br />m the big three automakers which <br />ld allow them to receive more <br />tracts and larger contracts from <br />automakers. Under the present <br />delines, if this were a new company <br />ing to the area, they would qualify <br />ten years of abatement. Based on <br />significant job preservation, the <br />efits of achieving Preferred <br />plier status, and the location of <br />company in the Studebaker <br />ridor, they feel the project <br />rants the longer abatement. <br />Mr. Combs asked if the staff had <br />prepared figures on the cost of the <br />six year abatement. Mrs. Kolata <br />r nded that they had not but would <br />send a revised schedule to the <br />Ca#missioners soon. <br />Upon a motion by Mr. piasecki, <br />s nded by Mr. Combs and unanimously <br />carried, the commission adopted <br />Resolution No. 856 approving six years <br />of real property tax deduction for <br />Prcoerty located at 601 W. Broadway. <br />Mare G. Carmona <br />5141 N. Cushing <br />Ron-de & Shirley Smith <br />220 Laurel Street <br />Mrs Kolata noted that the contractor <br />who was awarded the job for work at <br />514 N. Cushing was not the low <br />-6- <br />�• f I • - • NO 1 • • • <br />I - -•k o GIN Eel: rim M Cal <br />$19,650.00 <br />$21,150.00 <br />