06-13-83 Human Resources & Economic Development

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QinmmitIrr Erpnri (I3o Olrnnn mn Olounril of tilt mug of 001ItII limo: HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE The June 13,1983 meeting of the Human Resources and Economic Development Committee was called to order by its Chairman, Councilman Robert Taylor at 4 :00 p.m. in the Council informal meeting room. Persons in attendance included Councilmen: Harris, Zielinski, Szymkowiak, Crone, Taylor, Voorde, and Serge and McGann; Coleen Rosenfeld, Rich Hill, Jim Wensits, Eugenia Schwartz, Ann Kolota, Craig Hartzer, Mr. Ludwig, Rich Morgan, Jon Hunt, Paul Fortino, and Kathleen Cekanski-Farrand. Councilman Taylor noted that the purpose of the meeting was to discuss several matters related to tax abatement, and Bill No. 39-83. The Committee first reviewed Resolution -9-C dealing with real property tax abatement and Resolution 9-D dealing with personal property tax abatement for the property located at 445 North Sheridan. Mr. Morgan, the attorney for STC Recycling noted that the project was before the Council on several previous occasions The project would bring 30 •new jobs to the community with an annual payroll of $500 ,000 and would seek abatement of$48, 782 for the real property abatement and approximately $180,000 for personal property abatement. The Redevelopment Commission recommended favorably on both Resolutions Mr. Wensits suggested that more information be included in the Resolutions. The Council Attorney suggested that a cover letter be required to indicate the name of the petitioner, company, number of jobs created, and the amount of money requested for abatement: Councilman Taylor recommended that a letter be sent to the City Clerk informing her of this requirement. Because a quorum was not present when Resolutions 9-C and 9-B were discussed, no formal action was taken. . The Committee then addressed Resolution 9-E which sought personal property tax abatemera,,t for 650 North Wilbur. The Redevelopment staff stated that the area qualified for tax abatement however the Redevelopment Commission did not approve the petition. It was indicated that the property in question • was a four color process printing equipment with a net equity worth of $112 ,000 with an expected life of five to eight years. $7 ,342 was the amount to be abated with three or four new employees. Mr. Ludwig,the petitioner was critical of the Redevelopment Department since he was not given notice of the Redevelopment meeting. He stated that many of the questions raised by the Commission could have been answered if he was present. It was noted that a question regarding who would install the equipment had been raised and that local labor was used however a British employee was needed due to his expertise to oversee the installation. Jon Hunt stated that notice from his office would be maintained in the future. Councilman Taylor and the Council Attorney suggested that notice of all meeting: before the Commission and Council be an obligation of the City Clerk' s office. A letter to Mrs . Gammon was suggested. Because a quorum was not present, a formal recommendation was not made. The Committee then reviewed Bill NO 39-83 which would appropriate Putt ►wcs• .. POOLS/HOMO Co.