01-10-83 Human Resources & Economic Development

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• Page 2. Human Resources and Economic Development Committee Councilman Taylor then asked Mr. Hunt to review Resolution 9B regarding property in Phase III of the Airport Industrial Park owned by the Industrial Foundation, Inc. The purpose of the Resolution would be to declare this phase a tax abatement impact area. He noted that the Redevelopment Commission could not justify the developed portion of Phase III because of the "blighted" definition which would have to be met. He suggested that there were various compromises which could be considered such as sunset provisions, or limiting the abatement to industrial development only. Patrick McMann of Project Future stated that his organization as well as the Industrial Foundation, Inc. desired declaration of the tax abatement impact area for all five phases of the Airport Industrial Park. He noted that the City lost 5,600 manufacturing jobs between 1979 and 1982. He further noted that between 1978 and September of 1982 this area lost 13,600 jobs. He ,noted that the State statute regarding personal property abatement expires in 1985. He also suggested that there were various other avenues that could be considered such as Sunset provisions, developing SIC industrial warehousing classifications. Councilman Voorde noted that he was in support of all five phases. Following further discussion, the Council Attorney recommended that rather than try to amend the Resolution this evening that the Resolution be continued until the next meeting of the Common Council, and use the time to develop proposed amendments. The Committee appeared to be in agreement although no formal action was recommended by the Committee. There being no further business to come before the Committee, Councilman Harris made a motion seconded by Councilman Beck that the meeting be adjourned. The meeting was adjourned at 5 :55 p.m. Respectfully Submitted, Robert Taylor, Chairman Human Resources and Economic Development Committee