11-14-83 Human Resources & Economic Development

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alottuntfirt ■r1inri O fire &mmnn oounril of to eity of Dnutll lirnd HUMAN RESOURCES AND ECONOMIC • IEVELOPMENT COMMITTEE The November 14, 1983 meeting of the Human Resources and Economic Development Committee was called to order by its chairman, Robert Taylor, at 4 : 00 p.m. in the Council informal meeting room. Persons in attendance included: Councilmen Harris, Taylor, Beck, Szymkowiak, Serge, and Voorde, Jon Hunt, Colleen Rosenfeld, Eugenia Schwartz, Ann Kolota, Ken Fedder, Thomas Gibson, Jim Wensits and Kathleen Cekanski-Farrand. Councilman. Taylor noted that the first item on the agenda was to consider the real property tax abatement petition for 850 S. Marietta which is Resolution 9A at this evening' s Council meeting. Mr. Thomas Gibson, one of the general partners of Park Center Associates explained that this project is located in the Monroe-Sample park area It will create twenty (20) new jobs. It was noted that the project is within the tax incremental financing area and received a favorable staff recommendation from Redevelopment. The original petition was filed July 25, 1983. Following discussion by the Committee Councilman Serge made a motion seconded by Councilman Harris that Resolution 9A receive a favorable recommendation. The motion passed unanimously. The Committee then reviewed Resolution 9B which would authorize the Mayor to submit to HUD an application for 1984 Community Development Block Grant Funds .' Mrs. Rosenfeld briefly explained that the resolution is the.'.last stage of keeping on track with the Federal guidelines. A copy of the final statement and letter dated November 10th is attached. Mrs. Rosenfeld confirmed Council President Beck's remarks that the resolution could not be substantively amended this evening however the Council could consider amendments at the appropriation stage. Mrs. Rosenfeld noted that there are four or five organizations who are either not funded or not funded to the requested amount which may be reconsidered. Following discussion by the Committee, Councilman Harris made a motion seconded by Councilman Beck that Resolution 9B go to Council favorably. Motion passed unanimously. Mrs. Rosenfeld then presented a substitute Bill No 120-83 and noted that the amount of transfer was changed from $6 ,433 to $6 ,200. Following discussion by the Committee Councilman Serge made a motion seconded by Councilman Beck that substitute Bill 120-83 be recommended favorable to Council. The motion passed unanimously. The Committee then reviewed Bill No 119-83 which would add a new Article 13 to Chapter 2 of the City Code which would be entitled Economic Development Target Areas. Mr. Fedder explained that in light of the change in Indiana State Law the City must designate areas which qualify for EDC Bond consideration. The City can designate up to approximately 10, square miles, and the proposal included on the map which is attached, would include approximately 2 to 3 square miles. Only 25% can qualify for such consideration. The City the'refore is suggesting designation of the downtown, East Bank and Monroe- Sample. • Following discussion by the Committee Councilman Harris made a motion seconded by Councilman Beck that Bill No. 119-83 receive a favorable •Aft •11[S• xlfo. /VSII•MIM•CO.