04-24-84 Human Resources & Economic Development

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0Inmmtfrr Rr.pnr2 (UD tilt Common Olounril of tilt tang of$oath HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE The April 24, 1984 meeting of the Human Resources and Economic Development Committee was called to order by its Chairman Councilman Eugenia Braboy at 4 : 10 p.m. in the Council Informal Meeting Room. • Persons in: attendance included: Councilmen Puzzello, Zakrzewski, Braboy, and Taylor and Kathleen Cekanski-Farrand. Councilman Braboy noted that the purpose of the meeting was to discuss. Resolution 9E which is set for public hearing this evening. This is a tax abatement request for the property located at 227 South Main Street. Councilman Braboy noted that the report from the Redevelopment Department noted that the proposed project is not within the downtown urban renewal area, that it does not meet the SIC criteria and that it does not create 100 new jobs. However it was noted that it is less than one block from the downtown urban renewal area, that there has been no capital investment in this building for an extended period of time, that 32 new jobs would be created with a payroll of $480,000 and new investment into the property of between $650-750, 000 . Councilman Braboy expressed concern that no one from the Redevelopmen• Department was present for the meeting, nor was anyone representing the petitioner present. Following discussion by .the Committee and upon recommendation by the Council Attorney, Councilman Taylor made a motion seconded by Councilman Puzzello that Resolution 9E be continued to the informal meeting set for 6 :15 p.m. this evening for further discussion. The motion passed unanimously. There being no further business the Committee was adjourned at 4: 20 p.m. • . Respectfully submitted, • Eugenia Braboy, Chairman • • •... •.•.• ,U.tI•MIM• CO.